04.11.19

£30m for construction of new Carbon Free Homes

Today (Nov 3rd) Housing Minister Esther McVey unveiled £30 million boost for this ‘Construction Corridor’

The government are creating a new industry that will create jobs and career opportunities for a new workforce by delivering Carbon Free Homes.

A £30 million boost from the government is being put into Yorkshire, as part of the Construction Corridor, following involvement from top construction firms ilke Homes, Housing Minister Esther McVey has announced.

The money comes as part of the government’s initiative to make the North of England the world-leader in the creation of contemporary, green homes.

Homes England’s injection of funding will turbo-charge production at their factory in Knaresborough, North Yorkshire.

The goal is by next year 2,000 modular homes will roll off Homes’ production line, rising to 5,000 homes a year within the next 5 years – making ilke Homes a top 10 UK housebuilder.

ilke Homes’ are energy efficient because they are manufactured using precision engineering. The homes will also take half the energy costs compared to the average UK property, creating housing that’s good for the planter and good for the pocket.

A factory environment also allows ilke Homes to ensure a high-level of quality and consistency is guaranteed for investors, developers and residents.

The result is homes that outperform those built traditionally, with ilke’s homes proven to be 100% more energy efficient than the average UK home. The investment from government housing agency Home England will help drive these improvements further by allowing ilke Homes to scale up its operation.

Housing Minister Esther McVey MP 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 £40 billion a year and provide up to 80,000 jobs. We need to fully embrace this.

“This £30 million investment in ilke Homes is a significant step forwards 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’s 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.”

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