30-year Housing Revenue Account (HRA) plan
Lambeth Council has decided to halt regeneration plans for two estates, opting to retain them as council housing stock within its 30-year Housing Revenue Account plan.
Lambeth Council's Cabinet decided in October 2026 to halt regeneration plans for the Central Hill and Cressingham Gardens estates. This decision means the estates will be retained as council housing stock, following an options appraisal that found no financially viable renewal options beyond basic maintenance, impacting the council's 30-year Housing Revenue Account plan.
The council estimates that maintaining Central Hill estate will require approximately £53 million over 30 years, while Cressingham Gardens estate will need about £30 million over the same period. No further meetings are currently scheduled to discuss the 30-year Housing Revenue Account plan.
Key facts
- Lambeth Council's Cabinet decided in October 2026 to halt regeneration plans for Central Hill and Cressingham Gardens estates. Source
- An estimated £53 million will be required over 30 years for maintenance at Central Hill estate. Source
- Approximately £30 million will be required over 30 years for maintenance at Cressingham Gardens estate. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 22 October 2026. Spotted a mistake? Email community@opencouncil.network.