The benefits of regeneration

Seven reasons for tenants to vote YES to the redevelopment of Bellevue Mansions

  1. You’ll be supporting the building of up to 450 new homes, including at least 200 of them being affordable, as well as a new nursery, outdoor sports facilities and green spaces
  2. You can move once directly into a new permanent home on the new development, with no need for temporary accommodation, providing a simpler moving process as requested by tenants
  3. You’ll receive a one-off payment of £15,000 to compensate you for the move. Following feedback from residents, we have reconsidered and increased our compensation offer. Plus, we’ll pay your moving costs
  4. Your rent and service charge terms will stay the same. We’ll cap your service charge to what you are paying now, with inflation only annual increases for five years
  5. Your new home will be built to the latest energy performance, quality and safety standards, helping you reduce your bills and giving you a more comfortable and affordable place to live
  6. Adult children living at Bellevue Mansions, who are on Lambeth’s Housing Register, will be offered homes on the new development at social rent levels
  7. You can move permanently to another Hyde home elsewhere if you don’t want to move into the new development.

Six reasons for homeowners to vote YES to the redevelopment of Bellevue Mansions

  1. You’ll be supporting the building of up to 450 new homes, including at least 200 of them being affordable, as well as a new nursery, outdoor sports facilities and green spaces
  2. You’ll receive market value of your home, plus 10% compensation. This compensation will increase to 15% if you sell your home to us by 31 October 2026.
  3. You can buy a home on the new development:
    a. Through shared ownership (subject to eligibility criteria determined by the Greater London Authority)
    b. By buying at a guaranteed price.
  4. If you decided to buy a home on the development, it will be built to the latest energy performance, quality and safety standards, helping you reduce your bills and giving you a more comfortable place to live
  5. You’ll be reimbursed for your reasonable legal and valuation fees and moving costs
  6. You’ll be reimbursed for any financial contribution you’ve made to major works at Bellevue Mansions since November 2023.

Residents will be able to vote in a ballot on the proposals for the redevelopment of Bellevue Mansions in October 2025.