Taylor Wimpey Share Discussion Threads

[cl0ckw0rk0range] 30/10/2020 16:53

Doesn't fit the agenda, easier to gloss over that and keep banging the help to buy drum.

[farrugia] 30/10/2020 15:53

'EssentialInvestor30 Oct '20 - 10:56 - 2285 of 2290 0 0 0 Furlough scheme ending on Sunday. Unfortunately the job losses will come thick and fast now.' But isn't there in practice a new furlough scheme in effect that pays about 75% of salaries!?

[sunshine today] 30/10/2020 13:12

“my daughter applied for 3 jobs & was offered all three,” Based on the above, I have a hunch, that if you applied for 10,000 different jobs, across multiple sectors, you would be successful, with each and every one.

[bricktycoon] 30/10/2020 11:33

99 p finish flooded sites zero sales 5 p imminent

[ftir1] 30/10/2020 10:58

I simply don't understand the rush to buy this stock. Sell, yes most definitely! TW. will trade well under £1.00 for a long time into the future. SELL.

[essentialinvestor] 30/10/2020 10:56

Furlough scheme ending on Sunday. Unfortunately the job losses will come thick and fast now.

[gbh2] 30/10/2020 10:55

I managed to get a few under 105p, my ave now down to 122p

[gaygay3] 30/10/2020 09:36

Yes you are right

[cl0ckw0rk0range] 30/10/2020 08:29

You hope we aren't in for a big drop but you want to buy more shares?Surely you want a big drop if you are a buyer?Surely?

[stewart64] 30/10/2020 08:14

Nationwide HPI probably slightly lower than expected at 5.8% YOY and 0.8% for the month. Halifax has been more bullish rising to 7% and still a month behind.

[gaygay3] 30/10/2020 07:59

Could be in for a big drop today hope not if it does will buy more shares today

[gbh2] 30/10/2020 07:58

Pulled some profits from lloy yesterday to add here, looks like we might see a new low judging by the FTSE.

[jugears] 29/10/2020 22:51

Htb had nothing to do with lease hold

[bricktycoon] 29/10/2020 22:14

this is nothing pal check 2008 out 5 p lows its coming very soon

[dexdringle] 29/10/2020 21:44

The share price is now half what it was a few months ago. I expect that fall already more than reflects the reduced earnings outlook.

[sikhthetech] 29/10/2020 20:00

Jug "If you can afford one home why would anyone need htb to buy a second home ? Doesn't make sense " It's very simple to understand. ;-) Help to Buy loan is 20%(40% in London!!) INTEREST FREE for 5 yrs. Investors would jump at an opportunity to receive a 20% loan interest free. After 5 yrs, the investors can pay off the interest free loan. Avg property is £250k, so £50k interest free. Buyers looking to upsize can get an even bigger house with the 20% interest free loan, interest free. After 5 yrs, the loan initially attracts 1.75% interest and on top of the mortgage payments, which is where I see it becoming toxic loans in the future, if house prices fall. Help to Buy has underpinned HBs for a number of years and I believe was main contributed to the leasehold scandal. Help to Buy for 2nd homes ends in 5 months.

[jugears] 29/10/2020 15:30

If you can afford one home why would anyone need htb to buy a second home ? Doesn't make sense other than making good use of a loop hole in the first place. It doesn't really matter to me I'm more interested in where the share price will.be in 2 or 3 years time for now this is just a good buying opportunity, was perhaps a bit hasty buying rr back yesterday but long term they will all come good for now it's a challenge keeping up with work & orders

[sikhthetech] 29/10/2020 14:37

Jug "Sikh there will be a reduced number of first time buyers anyway due to affordability" Glad you now agree. Reduced number of FTB. HBs reliant to Help to Buy and if FTB can't afford to buy, they won't take up the Help to Buy scheme, leading to reduced revenues/profits for HBs. Help to Buy for 2nd homes ends in 5 months. As Barratts stated last week, majority (51%) of their reservations used HTB. That's a huge drop in potential income down the line for HBs. " increasing the reliance of first time buyers on Help to Buy. In the period 51% of our private reservations (2020: 45%) used Help to Buy of which 74% were first time buyers (2020: 70%). " "The Board will continue to monitor the market and economy and believes that our strong financial position provides us with the resilience and flexibility to react to changes in the operating environment in FY21 and beyond." https://uk.advfn.com/stock-market/london/barratt-developments-BDEV/share-news/Barratt-Developments-PLC-Trading-Statement/83453302

[1carus] 29/10/2020 14:35

IR35 will have some impact on contracting in the building industry. Indeed many industries. Contractors, like myself, have benefitted from historical schemes of dividend paying, but to be honest it really isn't worth it from a financial perspective. The advantage is in the flexibility of work and the ability to get on with a job without getting involved in company politics. The consequences over the governments dither and dally is that many engineering companies have now stopped hiring contractors, and contractors on the whole are just thinking they cant be bothered anymore... ie retiring to their allotments. This is going to cause some issues across all industries. For house building, which I believe a lot of the labour is contracted in, this potentially could cause a lot of issues as it will be very unlikely that a company can contract a bricky or a plumber without HMRC saying that they should be employed. Trouble ahead I think. HMRC actually stand to lose substantial tax take by doing what they have done.

[bricktycoon] 29/10/2020 13:46

This bust dog will return to 2008 lows everything Else is noise flooded sites asking prices crashing credit freezing the bubble of help to buy toxic five year dream loan is over . Taylor has drawn down on its banking facility and is running out of sites a months rain this morning won't help maters get out while u can 5 p lows imminent

[martyn9] 29/10/2020 13:41

No doubt the dow and ftse will drag us down again today, maybe light at the end of the tunnel when the usa election over and a good rns on the 11th nov.imo.

[wfl1970] 29/10/2020 13:20

Https://www.bbc.co.uk/news/uk-politics-54644529 Article re. Planning