Landlord appoints new contractor following collapse of modular firm Ilke Homes

Backed by Homes England, the Arnold scheme will feature 73 three-bedroom homes, 45 with two bedrooms and 13 with four bedrooms. All homes will be available for either shared ownership or affordable rent.

Garnet Fazackerley, operations director – development at Jigsaw, said it had been “incredibly challenging” since Ilke’s collapse.

But she said: “We remained committed and confident that we could find a suitable partner who could complete the scheme and provide much-needed affordable homes, and we are delighted to be working with Morro Partnerships to complete this development.”

Ms Fazackerley stated that the homes would be subjected to “stringent” quality and compliance checks and finished to a high standard.

She added: “We appreciate the patience from Gedling Borough Council, Homes England and local residents as we know this has been a frustrating time for all concerned, but we are now on the right track to deliver new homes for those most in need.”

Giovanni Corbo, head of development and technical at Morro Partnerships, said the contractor was “delighted” to secure the job.

He added: “As a sustainable partnerships developer, we are keen to showcase our delivery of affordable homes on this project and complete the homes on this much needed affordable housing scheme, though a modern and sustainable form of build system.

“We are exciting to be embarking on our first scheme with Jigsaw Homes and are looking forward to working with them on other developments to jointly deliver significant numbers of mixed tenure, highly efficient homes across the region.

“We hope to engage with local subcontractors where possible as part of our sustainability policy.”

The first homes on the scheme are expected to be completed in October with the overall development finished by September 2025.

An update from Ilke’s administrators, Alix Partners, earlier this year revealed that Homes England will only get £4.3m back from the £68.8m it was owed by the collapsed Yorkshire firm.

The administrators had previously revealed that Ilke also owed £249m to unsecured creditors.

Of this, £227m consisted of inter-company debts associated with losses suffered by investors, which included G15 landlord The Guinness Partnership, as well the firm’s former private equity backers TDR Capital, Sun Capital Partners and Fortress Investment Group.