London is a global city, fantastic because it is incredibly diverse. Each of its boroughs has a unique character and personality. It leads to some really interesting local economies. Lewisham respects this fact and their position as one of the most vibrant areas in the capital. The Council’s recent economic development strategy is bold and could see it grow massively in the next five years. We want to have a closer look at it here, then you can ask us if you need services like guaranteed rent in Lewisham.

The vision

Lewisham Council has a really impressive vision for growing an “ambitious, unique, resilient, authentic economy”. It includes:

Giving more support to businesses in target growth sectors, including creative industries. The ultimate aim is to make the area a destination for enterprise so people want to do business here.

Make the economy greener by focusing on sustainability, green practices, decarbonisation, and promoting a circular economy.

Ensuring young people in the area have the skills they need to succeed, securing good jobs.

Improving the accessibility of economic opportunities, as well as addressing inequalities.

The strategy is really interesting and could mean very good things for the borough. Crucially, it could attract new investors while also making people want to live and stay in the area. Any landlords can rely on us for services like guaranteed rent in Lewisham.

Inclusivity

One of the cornerstones of the economic development strategy is ensuring opportunities are more inclusive. The Council appreciates that access to them can vary depending on background. There is unfairness here, and it also means people could be missing out on achieving their potential.

The Council’s goal is to ensure the borough has an inclusive economy so everyone has equal access to good jobs that provide a good standard of living. They will support this with an action plan. It will help ensure locals have more resilient finances, make businesses more resilient, and ensure Lewisham’s economy benefits everyone.

Collaboration

Another pillar of the plan is the importance of collaborating with local people and partners. The Council understands they won’t be able to achieve such ambitious economic goals without collaboration. As a result, they will be looking to work with institutions like schools, major employers, and landlords in the borough.

Comments

Cllr Kim Powell had praise for the new economic development strategy. She said the transformative plan will “push Lewisham’s economy forward”. More importantly, it will do this while ensuring it doesn’t leave people behind. Crucially, they want to “create conditions for skills, resources, and income to grow, stay, and circulate” in the area.

It will be great to see what happens in the next five years. Lewisham has a lot to offer, including a fantastic location as well as passionate people. Improving access to opportunities and supporting businesses could make the whole area even better.

Ask us about guaranteed rent in Lewisham

The new economic development strategy could also make Lewisham a more popular location for investors. We’ll be happy to help any landlords that want to make a secure income from residential properties. Our services ensure there is no fear of losses or voids. They can also take care of management in a convenient package.

So, if you want to learn about guaranteed rent in Lewisham, speak to us. We’re ready to answer questions and guide clients through the process.