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Housing Today
Trusted media brand of the Chartered Institute of Housing
Ilke Homes creditors expected to recover less than 1% of £321m debts
Homes England the only creditor set to receive cash
Creditors of the failed modular housebuilder Ilke Homes are owed a combined £321m, but the vast majority are not expected to receive a penny.
According to a liquidators’ progress report for the period 18 September 2023 to 17 September 2024, Homes England is the only organisation that can expect to recover any cash.
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