Homes England backs volumetric modular with £15m loan to TopHat

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Funding body makes lending facility available despite recent high-profile failures

Homes England has agreed to lend TopHat £15m as the volumetric modular housebuilder seeks to ramp up production to 4,000 homes year.

TopHat said the move reflects the “ongoing commitment from Government to the crucial role that offsite methods of construction, including volumetric, will play in increasing the supply of quality new homes.”

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