Modular housing start-up Ilke has secured a £60m funding boost – including £30m from Homes England – as it attempts to scale the business to produce more than 1,000 homes a year within the next 18 months.

The funding, secured in the past couple of months, has been revealed in delayed accounts for Ilke Homes Holdings Ltd, which also show that the firm fell to a £34.6m pre-tax loss for the year to March 2020, on revenues of just £12.7m.

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