Plans have been approved to redevelop a 300-home estate in London.

Lambeth Council agreed with the 'Option 5' recommendations to transform the Cressingham Gardens estate during a meeting on Monday, 21 March.

The plan aims to replace the 306 homes already at Cressingham Gardens with a minimum of 464 new properties.

Existing tenants would receive a new home, at council rent levels, with a lifetime tenancy – meaning there would be no loss of social housing. Of the 158 extra homes, 47% would be 'affordable', including at least 27 extra family-sized homes at council rent.

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Cllr Matthew Bennett, Cabinet Member for Housing, said: "Rebuilding Cressingham Gardens will mean all homes on the estate will be rebuilt, with no loss of social housing. The proposal would provide a new home for each tenant, at council rent levels, with a lifetime tenancy and enough rooms to meet their needs.

"It will also mean at least 158 extra homes, 47% of which will be affordable homes. It will mean at least 75 extra homes for rent for families on Lambeth’s waiting list of over 21,000 people, and it would mean at least 27 extra family-sized homes for council."

(LM)