The Ikea Prefabs are Packed and Ready But Who’ll Assemble the Mortgages?

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Ikea has revealed plans to build prefabricated homes across swathes of south and southwest England. But while this could help address the shortage of affordable housing, getting a mortgage for one may prove a problem.

That is because most mainstream lenders are reluctant to offer loans for buildings made from so-called non-standard materials — in other words, not bricks.

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