Refurb or recertified LCDs are not too bad sometimes. My office got some 15" IBM/Samsung panels and sold out at $150CDN I guess thats around £75 they seemed fine. But then again with a offlease/recert LCD your usually getting older display tech and much higher display latency. Most LCDs these days report 8ms-16ms even though their performance is never on par with what they report also alot of manufactures dont show the same rt from gray to gray or white to black. Also if your getting an LCD you want to make sure it has a DVI input on it since this improves image quality signifigantly (as long as you have a DVI on your video card that is). I recently purchased a Dell 2405FPW which uses the 24" Samsung LCD with a 8MS reported rt but its more like 16MS which is fine. You can get a Samsung 740B 17" LCD it has a DVI and reported 8MS which is good plus its a relatively good price at $310CDN ~= £150 and its a samsung which make the best panels around (IMO)
Only found one review on the unit (Via Google "Samsung 740B review") I am sure you can find more with a bit of looking but it may not be very common since it is a newer unit)
Review link:
http://www.techtastic.ca/reviews5/740b.htmlAs for the tint on the display you can do some correction to help the issue with software by adjusting your tint levels perhaps the panel also has some controls for the saturation and blanaces. Red tints can show on low level saturation tests also. It may also be caused by the Analog to digital converter built into the display. Try to fiddle with the colour warmth settings if avail in monitor and the settings in your OS.
Windows: in your display properties -> settings -> advanced (your display drivers may give you control over the colour dispaly.
Apple: System Preferences -> Display -> Color Tab (just arrow up and down the list of Display profiles and see if any improve the colour) if not use the Calibrate wizard and select expert mode to truly have full control over calibration.
Note its mainly the white point value your concerened with since it will have the greatest effect.
Best of luck.