There you go, as expected... buyers, especially FTB, rushing out to beat Stamp Duty changes to save thousands...
Hence reason for increased buying...
What will happen in the months following the Stamp Duty changes.
Home buyers race to beat stamp duty rise
"Home buyers are scrambling to complete purchases by the end of the month or face paying thousands of pounds extra in stamp duty.
First-time buyers in particular could be hit when stamp duty thresholds in England and Northern Ireland change on 1 April.
One couple said they felt like they were "in a race, and our prize is £11,000". |
Any idea why housing stocks having a nice rise today?
Sikh, have you anything to add?
Cheers. |
From TW's results
Their avg New Build price falling. Cash continues to decline
Significant tax rises coming in a few weeks. Stamp Duty changes as well.
If New build prices fall and tax rises impacting costs then margins will get squeezed.
From results:
- UK average selling price on private completions of £356k (2023: £370k) with the overall average selling price £319k (2023: £324k)
· Year end net cash‡ position of £565 million (31 December 2023: £678 million net cash), ahead of our guidance as a result of the timing of land purchases |
TW published their results today.
As expected, affordability still a major problem. They still need govn support. They still using a lot of incentives.
"Affordability - while remaining a challenge for many, especially first time buyers"
As expected, affordability is still a challenge for MANY, especially FTB..
"We welcome the Government's recent planning reforms which are capable of delivering a real step change in planning outcomes. We look forward to seeing increased resources and a focus on the implementation phase to drive these outcomes and deliver much-needed new homes across the UK."
As expected, still dependent on Govn. |
Back to test £10 then. No way labour can get to building plan and will fail. Don’t forget April house buying help ends and new employee tax come in. |
Yes, and TW results (as in my post) are this Thurs.
Pander should go to specsavers |
PSN full year results March 11th. |
PSN just reported, fool. |
TW report results on Thurs. |
Wait till earnings, this will crash hard |
Julie
O/t Nexn & Gang with multiple ids.
As I do here and elsewhere, I posted company/sector newsflow, facts and opinions based on them.
I posted on nexn (previous iterations they were called blnx/rthm/trmr/TAP) for nearly 15yrs. Blnx highs reached c2200p($55.40), rthm c590p($14.86), trmr c850p($21.40), Nexn c435p($10.96).
Current $9.27 !!
And most of the gang were buying at Trmr highs of 850p($21.40)
It's easier to bully posters off than counter the red flags!!! They trashed my RACE & TLY threads, posting lies, just to try and silence me!!!
Best to read company/sector newsflow.
Good luck |
Julie,
o/t. Nexn & John |
As expected, inflation jumps back to 3%
Interest rates staying higher for longer, one of the factors impacting affordability.
sikhthetech - 15 Jan 2025 - 14:06:28 - 5915 of 5949 PERSIMMON PLC
hamhamham,
Yes spike due to lower UK & US inflation figures. Service inflation is still too high though.
Expectation being that BoE will reduce interest rates.
However, both UK and US govn policies are inflationary. Therefore, interest rates will continue to stay higher for longer.
I think it's best to trade HBs. |
s'the't - Not sure I agree re Nexn, they had a share split of 2/1 hence being in advfn's top "loser" list 🙄. |
It’s not too late to buy |
He’s a real big problem. Bullying and harassing posters for years on a share he confesses to having no interest in, A share which has tripled this year already and its about to leave the worthless lowly AIM market and list on Nasdaq.
1 week left on AIM The stock is NEXXEN you’re welcome to join us as the price no doubt shoots up after the move
Here’s a link to the thread where youll find great team spirit, excitement and research only hampered by one moron
——-
time 2 retire6 Feb '25 - 13:20 - 5939 of 5942
Sikh, do you like the sound of your own voice?
The same old rubbish that everyone already knows.
I'm glad I topped up another couple of thousand shares when these were in the mid £10s and not took any of your advice! |
Juliemara,
Thanks.
I post company/sector, political/economic newsflow and opinions based on the newsflow.
I do the same on other shares.
Resorting to bullying only goes to show John and his mates are insecure with their investments.
They are hugely underwater in Nexn and need gullible posters to invest, so they can reduce their losses |
No! Generally he's been pretty much spot on, and THAT'S the only thing that matters! |
Hi persimon sharehoders
Do you have an issue with this poster Sikhthetech
Because we do and we have had enough. He is dogging our discussion board because he has no money
Let me know we will club together |
Sikh, do you like the sound of your own voice?
The same old rubbish that everyone already knows.
I'm glad I topped up another couple of thousand shares when these were in the mid £10s and not took any of your advice! |
 Newsflow continues as predicted:
Weak economy. Watch the inflationary pressures down the line.
Trump's policies are inflationary.
Labour's policies are inflationary
"But the stagnant economy is now accompanied by sharper inflationary risks from higher energy prices.
Inflation is expected to “rise quite sharply” into the Autumn, getting close to 4%, driven by rises in gas prices arising from the need to fill drained storage facilities after a cold winter. While a recession is forecast to be narrowly avoided, zero growth and high and rising inflation is textbook “stagflation”.
On top of all that the Bank is stressing that it will be “careful” with cuts against the backdrop of tremendous uncertainty about US President Donald Trump’s trade policy.
The uncertainty is not just about what he does, but the market reaction to it, and the response of other countries, including the UK. Today’s weaker forecast did not factor in the US tariff policies."
sikhthetech - 15 Jan 2025 - 14:06:28 - 5915 of 5938 PERSIMMON PLC
hamhamham,
Yes spike due to lower UK & US inflation figures. Service inflation is still too high though.
Expectation being that BoE will reduce interest rates.
However, both UK and US govn policies are inflationary. Therefore, interest rates will continue to stay higher for longer.
I think it's best to trade HBs. |
As expected, the BoE cuts base rate by 0.25% |
BoE interest rate meeting tomorrow. |
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
Hot Features
Premium
