The recent opening of a Yorkshire factory may usher in a new era of prefab homes: it can produce three-bedroom homes that cost as low as £65,000.
The factory in Knaresborough will produce eight homes fitted with bathrooms and kitchens each day, ready to be loaded on lorries for delivery at sites across the UK. This housebuilding method can cut the 40 weeks it normally takes to build a home to a mere 10 days.
The cost of a two or three-bedroom home would range from £65,000 to £79,000, although this does not include the price of land, assembly, and connecting the home to services.
UK company Ilke Homes, which operates the prefab homes production plant, said that the goal is to produce 5,000 homes a year, which would make it a leading housebuilder in the UK.
Insurance company Legal & General has also built a factory outside Leeds, which is expected to build 3,500 homes a year. The company confirmed that it would build other factories in various locations across the UK.
These new housebuilders shun the word ‘prefab.’ They prefer the term ‘modular construction.’ They promise that the homes will be built to higher standards than those constructed using traditional methods, and that better insulation would result in lower energy bills.
Speaking at the recent opening of the Knaresborough factory, the Housing Secretary said that the enterprise would help the government attain its goal of 300,000 new homes in England every year. In 2017, 220,000 homes were constructed.