The Spires is a new residential development in Coventry, offering affordable and high-quality homes through shared ownership. The development comprises 2, 3, and 4-bedroom homes, with early bird reservations available on selected plots. With shared ownership, buyers can purchase a share of the property and pay a subsidized rent on the remaining share. The share can be increased over time through "staircasing", reducing the rent payable. The development offers a range of benefits, including lower deposit amounts and a combined cost of mortgage and rent that is often cheaper than privately renting in the area. The service charge and ground rent are also included, with the service charge reviewed annually. Buyers can apply now by registering and requesting an application form, and will need to undergo an affordability assessment to determine the most affordable share.