Market Leads & Opportunities
Ilke ties up WHG affordable housing deal
Prefab house-builder Ilke Homes has pre-sold a 43-unit development to Walsall Housing Group (WHG).Ilke Homes has bought a four-acre brownfield site in Southam, Warwickshire, from a private landowner and will, subject to planning, develop the site for 43 factory-made affordable homes.The deal is a further step in Ilke Homes’ evolution from manufacturing homes to becoming a fully integrated developer.The company intends to make a reserved matters planning application immediately to secure a start on site in the latter part of the summer 2021. The site already has outline planning permission and was previously allocated as part of the adopted core strategy for Southam.The deal follows recent news that Ilke Homes has also secured a 14.6-acre site for 227 homes in Grantham, Lincolnshire.
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