Lend lease launches sale of Heygate homes

LEND LEASE, the Australia-based developer, yesterday launched the sale of the first phase of homes from its £1.5bn regeneration of the Heygate Estate in Elephant and Castle. The first 235 homes, called Trafalgar Place, have gone on sale with prices starting from £310,000 for a one-bedroom flat. The scheme, in partnership with Southwark Council, will deliver around 3,000 new homes over the next 15 years.