Co-op housing association secures funds to upgrade brutalist London tower block

Thanks to co-op loans, essential work can start on the Grade II listed Glenkerry House, in Tower Hamlets

Glenkerry Co-operative Housing Association has secured funds for urgent improvements to the Grade II listed Glenkerry House building in East London.

Finance from the Co-op Loan Fund and Co-operative & Community Finance (CCF) means the co-op can start a number of works on the 13-storey block, including external redecoration and repairs to timber, concrete, and subsidiary roofs.

Glenkerry House, in Tower Hamlets, was completed in 1977 as part of an initiative to provide co-operative housing schemes to communities in Greater London. It was designed by Ernő Goldfinger, a Hungarian-born architect and inspiration for a Bond villain in Ian Fleming’s books.

The block is managed by Glenkerry Co-operative Housing Association, whose members own their flat and share in the running of the organisation. 

Secretary Matt Beannie and treasuer Kieran Crilly said: “The value of these loans to the association has been the commencement of much-needed and welcomed improvements to our home, that ensures the continued sustainability of our unique housing model, and the revitalisation of an iconic piece of brutalist architecture.”

Kevin Lloyd-Evans, lending and relationship manager at CCF said: “We are delighted to be able to support Glenkerry Housing Co-operative. Housing co-operatives offer an excellent opportunity to meet the affordable housing need in the UK.

“However, the sector is massively under-resourced. Helping co-operatives prove the model works is vitally important. London’s lack of affordable housing is well known. Our finance amount tends to be small however catalytic in nature.”

In this article

Join the Conversation