As part of a significant, two-development deal with Places for People, ilke Homes will deliver a 307-home affordable development in Burgess-Hill, Sussex.
The development provides a range of apartments and two, three and four-bedroom affordable homes, which will be managed by Places for People and available for affordable rent or for sale through shared ownership.
Delivering more affordable homes in Exeter and Sussex is vital, with housing prices rising 7% and 14% respectively in the last year alone. Average asking prices in Exeter currently stand at £300,521, while prices in Sussex have reached £421,075.
Scott Black, group executive director – developments, at Places for People, said:
“By adopting modern methods of construction (MMC), our partnership with a proven modular
business such as ilke Homes allows us to create more affordable, well-designed mixed-tenure communities across the country – speeding up delivery, cutting costs and giving our customers unrivalled choice and quality. The partnership is about pioneering a new way of delivering homes through making socially-responsible decisions and working with best-in-class partners.”
“Our investment in modular housing across our developments and the proposed acquisition and delivery of Exmouth Junction and Burgess Hill forms an integral part of Places for People’s ambitious growth strategy to deliver high quality affordable homes which meet people’s needs.”