‘HOMES FOR LAMBETH’ SENSATION – BUYBACKS WILL COST ALMOST £100 MILLION AND POSSIBLY DOUBLE – FUNDS AVAILABLE TO REPAIR BOUGHT HOMES (BUT NO MONEY TO REPAIR TENANTS HOMES ON THE SAME ESTATES) – AGENTS TO TAKE A CUT OF PAID RENTS BEFORE PAYING HOMES FOR LAMBETH – NEW £19 MILLION LOAN BID TO BE SIGNED OFF WITHOUT FULL COUNCIL APPROVAL

Lambeth council's bill for buying up properties on six council estates they want to demolish under their hugely controversial Homes for Lambeth scheme could cost almost £100 million - and possibly double that amount. The figures come in a report to the council's cabinet which seeks a £19.7 million loan request from the Public Works … Continue reading ‘HOMES FOR LAMBETH’ SENSATION – BUYBACKS WILL COST ALMOST £100 MILLION AND POSSIBLY DOUBLE – FUNDS AVAILABLE TO REPAIR BOUGHT HOMES (BUT NO MONEY TO REPAIR TENANTS HOMES ON THE SAME ESTATES) – AGENTS TO TAKE A CUT OF PAID RENTS BEFORE PAYING HOMES FOR LAMBETH – NEW £19 MILLION LOAN BID TO BE SIGNED OFF WITHOUT FULL COUNCIL APPROVAL

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