Yeah the ‘help to sell’ schame, much needed |
I thought you followed the newsflow….
RBC wrote an article on the reintroduction of help to buy. I’m sure you’ll find it. |
gaygay
"Why have the builders gone top of the FTS 100 today on what news anybody have any ideas"
Many things influence the housing market and HBs.
Reports of easier mortgages, reports of deeper interest rate cuts than expected, stock markets etc
This from Golden Sachs 2 days ago
Bank of England: Goldman Sachs expects deep interest rate cuts |
Meanwhile Tw continues to build & sell houses. |
cliveo1 24 Jan '25 - 07:52 - 21212 of 21212
Claret Dragon 24 Jan '25 - 06:04 - 21210 of 21213
Filtered for being cretins. |
Jugears, are you broken? What an illegitimate baby you were. |
Begbies Traynor Group PLC Latest Red Flag Alert Report for Q4 2024 BEG +0.00%
RNS Non-Regulatory - Today @ 07:00
Historic jump in the number of firms in critical financial distress Less than three months after the Budget, critical financial distress climbs by 50% to 46,853 businesses · The number of UK businesses in 'critical' financial distress rose by 50.2% quarter-on-quarter to 46,853 in Q4 2024 (Q3 2024: 31,201) · The sharp quarter-on-quarter increase was driven by substantial growth in distress in 21 of the 22 sectors covered by Red Flag Alert · In particular, consumer facing sectors highlight the concerning picture in the UK economy, with Hotels & Accommodation (+83.6%), Leisure & Cultural Activities (+76.5%), General Retailers (+47.6%) and . |
De-regulate lending rules and start the madness again with liar loans. |
Are the government about to bring back help to buy scheme |
Unfortunately that will happen, when interst rates fall demand will pick up & I think that house builders will struggle to meet that demand, hence house prices will rise, unless your in the industry I think you would find it difficult to understand just how difficult it is to find labour & suitable materials, put it like this you wouldn't be able to ramp up production overnight because companies knowlonger keep large amounts of stock. |
“ Men & materials will be the biggest problem”
If there’s a shortage, just pass it on extra costs to the stretched house buyers.
Dunno why you get so triggered slimerear. The shares are up as well |
 And yet more idiocy from jugar$e earlier; so you're 'not sure how long Starmer and Reeves will be here'. Let me explain something basic to you; Labour have a massive majority in parliament and the govt is very secure.
One other thing; the govt will soon announce record revenue raising from the tax haul this year; it will be the biggest ever by a huge margin and will show the strength of the govt's revenue raising ability and dispel for about 5 minutes the constant trash talking from idiots like you.
Regarding the housebuilders - TW has proven beyond any shadow of a doubt that they are part of the problem, not the solution. The vast majority of new housing, and it really is a massive proportion, probably around 80% by now, is built by non-listed developers. TW's 'landbank' is the 'nest-egg' that it's counting on and this is about to become hugely devalued through the sheer number of planning consents that will be waved through. This shareprice MIGHT even rise a little further from here, but it's only getting ready for the next leg down. Cheaper property is on the horizon and TW's model will get shafted. Will the govt be bothered about an exploitative money-grubbing business that has sat on its hands and builds a mere 10,000 houses a year? I look forward to YOU seeing the answer to this. |
“ you have to ask why the markets & so called experts consistently get it wrong?????”
Don’t be so unkind to yourself. Chin uo….. this will recover one day maybe……..but what about build cost inflation, NI , new regulation costs, stamp duty increase ……..so many uncertainties….all weighs on affordability |
Is that right bugbreath? So TW has done exactly what it forecast; fewer houses built, less profit made. And YOU think that's an achievement. A couple of things it DIDN'T predict; lower selling prices and one thing it has yet to tell us; the actual profit made. Reality will indeed 'step-in'. |
Spoke to soon but yes I think you are right 1.23 then as you say reality will step in & these will increase over the next few months back up to where they should be.
When a company gives a TU & has done exactly what it said on the tin, as I expected it would do knowing the industry as well as I do, you have to ask why the markets & so called experts consistently get it wrong????? |
123 ish I reckon, then reality will step back into play. Ie fewer can afford a hutch |
gaygay, probably the same news that drove the share price down in the first place - NONE! |
Why have the builders gone top of the FTS 100 today on what news anybody have any ideas |
Kreature, this will be back to its comfort zone soon, anywhere between £1.50 minimum upwards, I only own a row of 5 houses that I rent out & 15 commercial industrial units all paid for so not selling, but stamp duty is only going back to what it originally was prior to covid. I think far to many people are currently underestimating the housing market,its not the price of a home or stamp duty that is deterring some buyers its interest rates & as they fall more buyers return, don't underestimate just how huge the housing crisis is in this country its catastrophic & worsening by the day, the government may want 1.5million houses but is powerless to get anywhere near that without the house builders & all supply industries on there side. TBF I'm not sure how Long Starmer & Reeves will be here, very unpopular with Donald at Trumpton Towers, I think they have already overstayed there welcome, as for interest rates I think we are looking at at least a 1% cut this year now.
I would say IMEO that all the bad news is already in the SP(& then some!)any small piece of good news will propel the share price upwards. |
Sorry bugs, I was presuming you had many houses where the stamp duty would be higher since budget and higher again from April I think. Aiming to sell if this ever gets over 120. Budget and freehold ‘scamming̵7; is harming new builds imo
(‘ScammingR17; according to an ex MP anyway) |
Well its only changed by 2.5k from what it was before so hardly an issue & as its only a one off payment anyway but over the lifetime of your mortgage a quarter point cut in interest rates will save you a fortune & that will be the deciding factor when it comes to buying a house, not a one off payment. |
Been looking into buying a genuine freehold house but completely put off by the increased additional stamp duty. The only option is to make an offer minus the stamp duty. So won’t hell freeze over until both sellers and buyers adjust to the new impossible normal ? |
Morning schizoids, 120 would be acceptable for distribution purposes. Getting close to the point of no completion before the April 1st stamp duty scenario tho |
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