‘Construction corridor’ to boost modular house building

The government has announced a £30m fund to create a ‘Construction Corridor’ in order to provide 2,000 modular homes.

The funding will be allocated to Ilke Homes factory who manufactures factory-built homes, and by next year, the government expects that 2,000 modular homes will be produced by the company.

Ilke’s Homes claim that the modular homes are 100% more energy-efficient than the average UK home.

The funding is part of a larger £4.5bn fund delivered by the government housing agency Homes England.

Housing minister Esther McVey said: ‘The North of England has the potential to lead the world in the modern methods of construction that are transforming home building.’

‘An industry that when matured would be worth £40bn a year and provide up to 80,000 jobs.’

‘This £30m investment in Ilke Homes is a significant step forward in the development of the ‘Construction Corridor,’ a new hub in the North that is front and centre of building the homes we need.’

‘It is vital we invest in new technology to get Britain building.’

‘Homes built using modern methods can be of higher quality, greener and built to last.’

David Sheridan, executive chairman at Ilke Homes said: ‘This deal is a testament to the dynamic approach Homes England is taking to address structural issues within our housing and construction industries.’

‘The funding will bring in further private capital, creating hundreds of more skilled jobs and will allow us to build more homes more quickly for first-time buyers.’

‘We want to continue driving efficiency, quality and sustainability within the housebuilding industry and we see this as a fantastic signal to others wishing to do the same.’

Photo Credit – Pixabay

Pippa Neill


Notify of
Inline Feedbacks
View all comments
Help us break the news – share your information, opinion or analysis
Back to top