There has been impressive growth and massive changes in many parts of London over the last decade. Newham has been at the forefront, along with areas like Tower Hamlets, Hackney, and Camden. However, Newham’s Council now has a new plan to ensure they are targeting “growth with a purpose”. We want to have a look at it here because it could have a big impact on the borough. Then, if you want to arrange guaranteed rent in Newham, we’re just a call away.

The plan

As we said, there has already been massive growth in this part of East London. That includes the arrival of the Elizabeth Line and the incredible improvements in connectivity. There has been plenty of regeneration too, including building new housing and work to support local businesses.

The Newham Growth Plan aims to build on the good work that has been done, but ensure the next projects have a goal to maximise benefits for locals. Crucially, they will be looking to ensure that new growth provides things like job creation, improvements to streets and green spaces, and more amenities for communities.

Impressively, the growth plan expands on the goals to build wealth in communities. Central to this is ensuring fairness, inclusivity, accessibility, and protection for the environment. At the end of the day, the overall objective is to ensure long term prosperity for the area.

Opportunities

The growth in Newham makes it a very attractive spot for investors. Areas close to fantastic amenities like Tube stations, parks, and good schools are great options. If you invest, you should speak to us about guaranteed rent in Newham.

Crucially, the Newham Growth Plan explores key opportunities for the borough. It includes the chance to support businesses in key sectors such as digital and construction. They will be important in the future, providing more jobs and new innovations.

There is also a big focus on taking the opportunity to create a “fair and resilient economy” in the borough. A big part of this is offering the right support to businesses, particularly SMEs. It will encourage them to support fairer, more inclusive employment practices. In turn, it will allow local people to get quality jobs and improve their access to services.

When announcing the new strategy, Mayor of Newham Rokhsana Fiaz, had some glowing comments about it. She said, although growth and progress in the last decade has been above the averages for London and nationally, there is still work to do. Most importantly, the goal is to get rid of barriers, especially those that affect the “most marginalised communities”.

The most reliable guaranteed rent in Newham

The growth in Newham and impressive new plans for the future mean investors should consider the area. Assets in all corners of the borough could become even more attractive in the future. After-all, people want to live in areas with thriving communities.

If you purchase any properties and want to protect your finances, we can provide the ideal service. We specialise in guaranteed rent in Newham and other parts of London. In fact, we have partnerships with numerous Borough councils. The major benefit is it ensures you get a rent payment every single month without having to worry about tenancies, managing properties, or other details.

So, get in touch with us if you want to find out more; we’ll happily provide advice.