Sentinels low cost homes for key workers in Farnborough officially opened

12 May 2008 - Fifteen new low-cost shared ownership homes in Farnborough were officially opened at an event on Friday 9 May.

Sentinel Housing Association has worked in partnership with Rushmoor Borough Council and Cove Construction to build the 14 two-bedroom apartments and one three-bedroom house at Fern Place, situated on Fernhill Road, Farnborough. The homes have been built specially for key workers, first-time buyers and people on low-incomes.

Completed in January 2008, the homes are being sold by Sentinel on a shared ownership (part rent / part buy) basis, with residents being given the opportunity to purchase initial shares of at least 50% or higher. Thirteen of the homes have already been sold, many of which are to local key workers.

The homes which are ideally located for commuting have been fitted with carpets, en-suite facilities and a security system.

Officials from Sentinel Housing Association, Rushmoor Borough Council, Cove Construction and Maddlin & Madisons attended the event where they were given a grand tour of the homes at Fern Place after visiting two other sites in Farnborough where Sentinel is building affordable homes.

Sentinel is working in partnership with Cove Construction to build an additional 40 affordable homes within Farnborough in Victoria Road, Wood Lane and Ladywood Avenue, all of which are a mix of affordable rented homes for those on the housing waiting list and low-cost shared ownership.

Sentinel Housing Association’s Assistant Development Director, Mike Shepherd, said: “We are delighted to have worked in partnership with Rushmoor Borough Council and Cove Construction to provide these desirable homes in Farnborough, which have been built for key workers, first-time buyers and people on low-incomes who otherwise cannot afford to get on the housing market.”