TopHat recieves £15m funding from Homes England



Modular housebuilder TopHat has agreed a £15m debt facility with Homes England.


The developer believes that this reflects the ongoing commitment from the government to the crucial role that offsite methods of construction (such as volumetric) will play in increasing the supply of homes in England.

This follows TopHat’s previous fundraising of £70m from existing and new shareholders such as Persimmon Homes and Aviva.

On LinkedIn, the firm stated: “This investment underpins our growth strategy, including the delivery of Europe's largest modular housing facility in 2024.”



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