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IKEA Reveal They’re Planning To Build Hundreds Of Affordable Homes In The UK

ikea house building

As house prices continue to rise, affordable housing is increasingly hard to find, IKEA could be about to change that with a new project aiming to build new, sustainable homes at realistic prices.

The furniture giant was recently given the green light to build 162 new sustainable flats in the UK in an effort to provide homes for buyers who are currently being priced out of the property market by unaffordably priced houses.

See: IKEA Have Unveiled a New Tool That Lets People Design Their Own Furniture

ikea house building

IKEA

The new project is being led by BoKlok and construction company SKANSKA, both of whom are owned by the Swedish Retailer.

The homes are prefabricated, typically being built using timber, low-carbon materials, with all excess materials being recycled for other sustainable projects.

All homes are either one or two bedrooms and come with a built-in kitchen, plus flooring and tiles.

One of the key affordable factors for the new homes is the “Left to Live” model and the project adopts.

This means that BoKlok sets the house prices at a level designed to leave families with money left to live on, and promises that a single parent would be able to afford to buy a two-bedroom house.

To calculate the house price figure, BoKlok takes into account the average annual salary of someone in full-time employment then calculates a 25-year mortgage that would be manageable after all monthly living costs have been deducted.

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De flesta är så klart nyfikna på sitt framtida hem och ibland kan det kännas som att inflyttningen är långt borta, trots att vi har fått alla moduler på plats och bostadsområdet börjar ta form. I vissa fall har du som kund eller närboende kanske till och med fått vara med om att se hur det går till när vi monterar ihop husen?. . Tyvärr är det inte alltid möjligt att bjuda in till en montagevisning – många gånger är det trångt om utrymmet och då kan vi inte visa montaget på ett säkert sätt för alla inblandade. Därför har vi låtit en kamera filma hela montaget av ett lägenhetshus med 12 lägenheter. De 36 modulerna som utgör huset i filmen tog två arbetsdagar att montera ihop till ett helt lägenhetshus på tre våningar. Snabbt, va!?. . Håll i dig – nu kör vi!. • #boklok #bokloklägenhet #nyproduktion #prefabricated

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Buyers, who are chosen using a ballot system, are restricted to one home each to prevent those with more financial resources from buying up all the homes as investments.

The first apartments are scheduled to be available to buy and live in from early 2021.

If the IKEA  house building project is a success, BoKlok and SKANSKA have an agreement to expand with a further 500 homes being built in the area.

To find out more information about the IKEA house building project, or other Boklok and SKANSKA initiatives, visit IKEA online.

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