Back in 2022 a fantastic scheme launched to improve estates all over Islington. The goal was to transform public spaces to ensure they were benefiting residents. Since then there have been hundreds of different upgrades. The final part of the funding is now being allocated. We want to have a closer look here, then if you want to discuss guaranteed rent in Islington, you can speak to us.

The project

In 2022 the Thriving Neighbourhoods project got £10m to improve estates. The funding was from developer contributions for other projects all over Islington. As a result, the goal was to ensure that all residents would benefit from the developments taking place.

In the last few years £9m of the funding has allowed delivery of over 265 projects. They include everything from new lighting and landscaping to community centre refurbishment and accessibility upgrades.

The final round

The Thriving Neighbourhoods programme will use the final £1m to fund 90 more estate improvement works. Again the goal is to ensure the funds help to make estates safer, more inclusive, and more vibrant. Speak to us about guaranteed rent in Islington.

One of the best things about the scheme is locals can have a hand in how the money is spent. In fact, in three years there have been thousands of proposals from residents on estates across Islington. They get the chance to say what they want to see to improve areas.

Additionally, the scheme has been really good because it focuses on local communities with the greatest needs. For example, it has done upgrades to improve playgrounds and open spaces for children. Similarly, it has made paths and surfaces safer for elderly people and locals with disabilities.

Leader of Islington Council Una O’Halloran was full of praise about Thriving Neighbourhoods. She said it was “all about fairness” to make sure everybody benefits. The final round of funding will provide further improvements to “help residents feel proud of their estates”. Crucially, it showcases that the council listens to locals.

The benefits of guaranteed rent in Islington

For a long time Islington has had a reputation as one of the best places to live in London. It’s central and has lots of fantastic amenities. People love the vibe and cool atmosphere. Additionally, it has good schools, plenty of culture, and generally feels safe.

The upgrades to the estate across Islington also enhance the area. They help create stronger, more inclusive communities. This is fantastic for residents.

So, you can see why so many people want to live in the area and why it is so attractive to investors. If you buy assets and want to protect your rental income, you can rely on us. We’re one of the leading experts in London, providing guaranteed rent in Islington and various other boroughs. Get in touch today and learn why we recommend it.