Affordable housing in Buckinghamshire
Housing association, Stonewater has begun construction of 11 affordable homes in the charming village of Sherington. The development located off the High Street will provide nine homes for affordable rent and two homes for shared ownership.
Stonewater has partnered with Barwood Homes, who will construct the homes as part of a wider development of 36 homes. The development will bring much-needed affordable homes in an excellent location close to the village centre with easy access to local amenities.
Together, the organisations are working towards Stonewater’s vision of giving everyone the opportunity to have a place that they can call home.
Six two-bedroom houses and three three-bedroom houses will be available at an affordable rent for families of two to five. In addition to this, families looking for a realistic and affordable way to buy a brand-new home and get on the property ladder can do so with Stonewater’s shared ownership scheme.
There will be two two-bedroom houses available for shared ownership as part of the development. This part-buy, part-rent scheme gives aspiring homeowners the chance to purchase a percentage of the property depending on affordability and then renting the remainder of the property at an affordable rent.
Arthur Gott, Development Manager at Stonewater, said: “Sherington is a wonderful place to live and when new homes are being built it’s important that there are also affordable homes available for families that live or work in the local area. At Stonewater we’re excited to be building a mix of affordable rented homes and shared-ownership properties in Sherington.
“Our 11 homes will help address the lack of affordable housing in the area and give aspiring homeowners that live locally the chance to get on the property ladder. We are proud to be able to deliver on our promise and our commitment to tackling the housing crisis.”
Operations Director at Barwood Homes, Darren Bland said: “At Barwood Homes, we don’t just build houses, we aim to build new homes exactly where they’re needed. This development in Sherington is a fantastic and affordable opportunity for anyone looking to buy their first home or for elderly residents that are seeking independent living.”