The fate of hundreds of new Nottinghamshire homes is in limbo after a housebuilder went into administration. Ilke Homes, which produced factory-built modular properties, was in the process of building 131 homes for housing association Jigsaw Homes Group at Rolleston Drive in Arnold, but this work abruptly halted after the company announced it was seeking a buyer on June 9.
The Yorkshire-based housebuilder had also been chosen as Boots' partner to deliver 604 homes near to the health and wellbeing giant's Thane Road complex - with the project only recently being approved by Nottingham City Council and Broxtowe Borough Council. Ilke Homes previously explained it was looking for a sale as "volatile macro-economic conditions and issues with the planning system" had complicated fundraising and housing delivery, but it will now be liquidated after it failed to find an investor.
Ilke Homes, as it looked for new investment, warned its £1 billion order book was predominantly made up of affordable homes and that "much-needed housing" would not be delivered if it was not rescued. Jigsaw Homes Group, which planned to be managing more than 100 of these properties when Ilke Homes finished and handed over the Rolleston Drive development in the future, said it was now considering its options.
