Ikea flats pack
FURNISHINGS store Ikea are launching their own flat-pack blocks of apartment homes in Britain.
Hundreds of low-cost prefabricated homes will be available 'over the counter'.
Bosses say the move will help struggling first-time buyers get on the property ladder.
An open-plan, one-bedroom apartment,with high ceilings, communal garden and secure car parking, will cost about £70,000.
They also come with a choice of interiors, also supplied by Ikea, and will be available to people on lower incomes.
The homes will be on sale next month and buyers could be living in them by the autumn.
Internal company documents reveal that first-time buyers will be offered a 'start package'.
It includes advice on setting up a new home, the services of a personal shopper, 12-months' interest-free loans on big purchases and discounted mortgage and insurance deals.
Buyers will also be offered an interior decorating service and a £250 Ikea voucher.
The Swedish firm already sell flat-pack housing in Scandinavia, but until now the cost of land in the UK proved too expensive.
The plans only became viable after Ikea struck a deal with the Hyde Group Housing Association, who own 20,000 properties nationwide and specialise in low-cost home ownership.
Hyde will buy the land and organise the building work, which will be carried out by Ikea subsidiary BoKlok.
There will be six apartments in each L-shaped block and between three and seven blocks on each site, which will be agreed with local councils before they go on sale at Ikea's 13 British stores.
A spokesman said last night: 'BoKlok homes will provide well designed, flexible housing for people with average household earnings typically between £15,000 and £30,000 per annum.'
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