Ilke Homes seeks funding partner for Milton Keynes site
Modular housebuilder ilke Homes has purchased a seven-acre site in Milton Keynes from L&Q Estates and is looking for a forward funding partner for 140 energy efficient homes it will provide as part of the Whitehouse masterplan.
The Whitehouse masterplan is the outline masterplan for the development of 4,330-homes on a site in Milton Keynes (pictured), being delivered by L&Q Estates and Milton Keynes City Council.
The development will also provide a secondary school, three primary schools, a health facility, indoor sports and other leisure facilities, and play areas.
Modular housebuilder ilke Homes has purchased a seven-acre site in Milton Keynes from L&Q Estates and is looking for a forward funding partner for 140 energy efficient homes it will provide as part of the Whitehouse masterplan.
The Whitehouse masterplan is the outline masterplan for the development of 4,330-homes on a site in Milton Keynes (pictured), being delivered by L&Q Estates and Milton Keynes City Council.
The development will also provide a secondary school, three primary schools, a health facility, indoor sports and other leisure facilities, and play areas.
Ilke will submit a reserved matters planning application to deliver a mix of houses and apartments ranging from one to four bedrooms in April 2023.
The majority of these homes will be manufactured offsite at the company’s 250,000 sq ft factory in Knaresborough, North Yorkshire.
Ilke Homes plans to start work on site by the end of 2023, subject to planning consent. The first homes are expected to be installed from Summer 2024.
Ilke Homes executive director of development Tom Heathcote said: “Ilke Homes continues to expand across the South East, with today’s announcement marking our first site acquisition in Buckinghamshire.
“Since launching in 2020, our land-led, turnkey offering has seen exponential growth, demonstrating the strength of our vertically-integrated approach to development.”
L&Q Estates managing director Adrian Clack said: “L&Q Estates and Milton Keynes City Council have been involved in the development of this site for over 20 years, facilitating the delivery of much-needed homes, social infrastructure and facilities for the community in Whitehouse.
“Modular housing is a really exciting advancement in building energy-efficient properties at a much faster rate and it will be fantastic to see these high-quality properties lowered into place for families to move into and start creating their dream homes.
“These will be the first modular homes in Whitehouse and we look forward to the first families moving into them next year.”
See more information on property and land in Milton Keynes>>
To send feedback, e-mail akanksha.soni@eg.co.uk or tweet @AkankshaEG or @EGPropertyNews
Photo © L&Q Estates
