First Shared Ownership homes go on sale at flagship Coronation Square in Leyton
Sage Homes has partnered with Taylor Wimpey to bring an exciting range of high-spec, affordable Shared Ownership homes to market at Coronation Square in Waltham Forest.
Taylor Wimpey, one of the UK’s biggest housebuilders, is developing 752 homes in total at the site, with almost half being delivered in partnership with Sage Homes, England’s largest provider of newly built affordable homes for two years running. Sage Homes will deliver 358 homes at Coronation Square, of which 272 will be Shared Ownership at an almost identical specification to Taylor Wimpey’s private sale homes.
Coronation Square is a vibrant new community in the heart of Leyton, featuring a range of amenities, including a new market square surrounded by cafés, shops, and work spaces, a new NHS health hub and pharmacy, as well as expansive areas of green space. On the doorstep of Leyton High Street, Coronation Square is a short walk from parks, a nature reserve and superb transport links to the City and the West End.
Michael O’Leary, Regional Operations Director at Taylor Wimpey London, said: “It’s vital that we provide a wide range of homes on our developments to suit the many different buyers across the market. We’re really proud that Coronation Square includes 272 Shared Ownership homes and we’re thrilled to have partnered with Sage Homes to deliver this.”
Lucian Smithers, Chief Customer Officer at Sage Homes, said: “We’re delighted to be delivering around half of the homes at Coronation Square, which will be high-quality, affordable and meet the highest energy-efficiency standards. Our Shared Ownership properties are a great option for customers who are looking to buy but can’t afford full market prices, especially in London.”
Shared Ownership is available for people looking to buy who cannot afford a home at the full market price. To qualify for Shared Ownership at Coronation Square, customers’ combined household income must be less than £90,000 a year.
Two events are taking place this month where prospective Shared Ownership buyers can find out about these exciting new homes. The first is during the London Home Show at the QEII Centre in Westminster on 15th April, where Sage Homes will be exhibiting. This is followed by the launch event on 29th and 30th April 2023 at the Coronation Square sales suite, with prices starting from £97,500 for a 25% share of a one-bed home through Shared Ownership.