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CREDIT CRUNCH There has been widespread panic in the financial markets both here and in the US about the credit crunch. Affecting those who may have been forced to take out expensive mortgages due to their own bad credit ratings. It’s not as bad here as you may think but getting advice quickly is key to minimising further problems in the future. In the UK there are a number of ways to prevent eviction proceedings for Mortgage arrears, pr to deal with them once they have started. Firstly prospective buyers must consider their current and future earnings potential when taking out a mortgage and avoid sub prime mortgages which will be more expensive due to the risk to the lender. Once arrears accrue it is important to have a proper realistic financial statement to show the lender how the arrears can be paid. Check if you are entitled to benefits, you may be entitled to help with housing costs met via Income Support, Jobseekers Allowance or Pension Credit. Depending on family size, any disability and housing costs an entitlement can be possible. Other benefits can help too-for example tax credits. Cut spending where appropriate and ensure priority debts are paid, mortgage, council tax etc. Find ways to get stuff cheap, or even free. The internet is great for this. We help many people resolve their debt problems but we are overstretched due to both increasing demand and lack of staff as our funding has reduced. There are plenty of places to get advice over the phone or via the internet so our advice is don’t panic but act quickly. Further advice from the CAB or other organisations advising on debt. Debt-line are a good source of help and can be contacted on 0808 808 4000 . Gary Martin Welfare Benefits Caseworker/Supervisor Walthamstow CAB, 167 Hoe St, E17 3AL
















News from the Lower Lea Valley The London 2012 Olympic and Paralympic Games will be the catalyst for the regeneration of the Lower Lea Valley in east London.
The area in and around the Olympic Park is a site of huge potential. It has a young, diverse community but is also home to significant areas of deprivation.

Much of the site itself is contaminated, derelict and abandoned. The waterways in the area have suffered from years of neglect: water quality is poor, river walls are in a bad condition and the landscape is scarred with abandoned shopping trolleys and other rubbish strewn along the river channels.

The 2012 Games will help to revitalise this part of London and help to open the east of the capital to development opportunities. The new shopping area at Stratford City will be an important part of this growth.


Address Town Hall
Forest Road
London
E17 4JF
Map of Waltham Forest
Telephone Number 020 8496 3000
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Email: wfdirect@walthamforest.gov.uk
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Waltham Forest is ranked 47 out of 354 local authorities in England in terms of average deprivation. (Where 1 is most deprived). (Guidance)
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Waltham Forest

Other opportunities to visit the Olympic Park

Opportunities to visit the park exclusively for Waltham Forest residents. Waltham Forest 2012 Team Silver Birch House Blackhorse Lane Walthamstow E17 5SD Tel: 020 8496 3232 Email: olympics@walthamforest.gov.uk


I recycle; do you?We are asking all residents in the Get Sorted! Door-to-door recycling scheme to recycle as part of a Compulsory Recycling Scheme.
Every household in the Get Sorted! Recycling service was sent an Action Pack to explain the new Compulsory Recycling scheme. If you did not receive one, you can download it here:


These documents are in Adobe Acrobat's Portable Document Format. You need the Adobe Acrobat Reader program to view and print them. If you do not already have this program, click here to download it.

For further information please contact:


To contact us by post:
Environmental Services
Street Services
Low Hall Depot
Argall Avenue
London E10 7AS

Tel 020 8496 3000
Fax 020 8521 3577
Email
wfdirect@walthamforest.gov.uk
Last updated on 11 September
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