Taylor Wimpey Share Discussion Threads

[cl0ckw0rk0range] 06/10/2020 23:16

Sikh you want to calm down you don't want to pop an aneurysm.Always suspicious of negative posters that refuse to enter debate with anyone unless a select few.

[cl0ckw0rk0range] 06/10/2020 23:14

I went to Leominster once. Very confusing layout.

[imastu pidgitaswell] 06/10/2020 20:56

free stock charts from uk.advfn.com



:-)

[jugears] 06/10/2020 20:36

It'll take this government 10 years , how will changing planning help to reduce house prices? It doesn't make sense, perhaps if we built another quarter of a million houses in the next few years it may help.to stable house prices, of course we would need every builder In France/Germany& Spain to help.

[sikhthetech] 06/10/2020 19:26

Apart from the major changes to planning laws, which will impact HBs, the long term fixed rate mortgage Boris mentioned also has problems ahead. You can't provide long term fixed rate mortgages without address planning laws.
Will the govn provide long term guarantees for these fixed rates because banks won't take on the liability?


Yesterday, the Chancellor warned of 'hard choices' and vowed to get the debt back under control, yet today Boris says he would like to introduce long term fixed rate mortgages for 1st time buyers.
The govn can't do both.


Coronavirus: Chancellor Rishi Sunak warns of 'hard choices' as he vows to get 'debt back under control'




Long-term first-time buyer mortgages will need big government backing

"The combination of these two factors would undoubtedly require some degree of state backing. These issues can't be solved by tweaking the plumbing of the banking system - the funds the banks set aside, especially for risky loans.

State backing could, in theory, be absolutely huge, considering the prime minister mentioned two million beneficiaries, and the average first-time buyer mortgage is approximately £185,000.

Tens of billions in guarantees is a plausible figure. The government is working with banks and mortgage lenders on this.

There is a risk that without serious planning reform such a measure would merely prop up house prices. The prime minister is currently trying to address that issue too.

But in a speech where he said the pandemic-driven "expansion in the role of the state" was necessary but not welcome, there is some irony that his big idea would certainly suggest a significant new government involvement."

[porsche1945] 06/10/2020 19:00

...and I wouldn’t take too much notice of that fat berk Robert Jenrick. He is, or was, a customer of mine, I actually had to drive to his house outside Leominster to collect monies he owed me, several thousand, he’s a nightmare, he has a “ rep ‘.....has been all over The Times for taking backhanders, look it up, unlikely to be in a job much longer, along with the rest of the useless cabinet hardly anyone has ever heard of. Interesting his homes are in London and Hfds and not in Notts where his constituency is, says it all. Onwards and upwards for TW regardless of the shxte tories.

[sikhthetech] 06/10/2020 17:58

Jug,
"Imo we are in for a very interesting few years here."

It's possible changes they are thinking about, NOT confirmed plans.
Don't forget you claim HBs don't need govn help and any govn help always goes wrong. And you don't believe news articles, especially the BBC...

You claim confirmed challenges in the public domain facing HBs or the stockmarket are COULD/MAYBE, yet anything like this which is clearly in pre-consultation is a definate.

Like I said, you repeatedly change your views depending on whether the news article suits your agenda and have no consistency.


The changes to planning will impact HBs. The govn want to make housing cheaper so that more can afford it. They want to break the dominance of the HBs.

Jenrick plans to break dominance of volume housebuilders

"Housing secretary Robert Jenrick has said he wants to use the government planning reforms to break the dominance of the volume housebuilders and will put more money in to the planning system."

"“So, the need for action is clear, and I hope the things we are putting forward in the white paper will create a more diverse and competitive market than we see today. That’s certainly one of the key missions that we’ve set ourselves.”"


"Small builders regularly cite planning difficulties as one of the main barriers to entry preventing them from growing. Jenrick’s comments come just weeks after it was announced that four listed builders are under investigation by the Competition and Markets Authority for potentially misleading customers over the sale of leasehold homes, and after years of concerns over the quality of new build houses."

[jugears] 06/10/2020 17:15

gbh2, Who else is their other than the handful of main uk house builders,You need volume to build cheaper houses so how is he going to make them affordable? Imo we are in for a very interesting few years here.I note that the main group of people effected by unemployment will be the lower paid & zero hours, basically the non house buyers.Still waiting on news about all the millions that are being made redundant now the deadline has passed!

[gbh2] 06/10/2020 16:50

Good old Boris wants everyone to own a new home, hopefully he'll earmark TW to build them :))

[jugears] 06/10/2020 14:56

Sikh I only bought 3 lots not dozens.I have read the report it makes know sense how will the government find all these builders, you have to build in volume to get prices down even the large hb's cant do that so what chance are smaller builders going to have.

[sikhthetech] 06/10/2020 13:56

Jug,

"going to need a hell off a lot to even compete with one HB"


Yes, that's the point and why it is MAJOR planning changes. The govn aren't changing planning laws for the fun of it.

You should read about what is planned.

Planning changes: .

Break the dominance of major HBs.
More competitive market place.
Ease of planning for small builders.

All of which will impact current major HBs, together with Help to Buy ending for 2nd homes, as well as temp Stamp Duty hol. Today's speech shows the govn are unlikely to extend both of these.



Jenrick plans to break dominance of volume housebuilders

"Housing secretary Robert Jenrick has said he wants to use the government planning reforms to break the dominance of the volume housebuilders and will put more money in to the planning system."

"“So, the need for action is clear, and I hope the things we are putting forward in the white paper will create a more diverse and competitive market than we see today. That’s certainly one of the key missions that we’ve set ourselves.”"


"Small builders regularly cite planning difficulties as one of the main barriers to entry preventing them from growing. Jenrick’s comments come just weeks after it was announced that four listed builders are under investigation by the Competition and Markets Authority for potentially misleading customers over the sale of leasehold homes, and after years of concerns over the quality of new build houses."





"Just face it you missed the boat at getting in below £1"
"expecting to make 70% profit"

Really. the share price is at 114p!!!! that's hardly missing the boat. Did I also miss the boat at 170p, 145p, 120p???? I would rather miss a 10% rise and be happy that the several uncertain events hitting this Qtr are 'certain' than buy in just to see the share price go lower...
Well done on getting 1 trade right out of the dozens. But then you won't know until the share price reaches your expected 170p, will you? and so you won't be selling before it reaches 170p.

[porsche1945] 06/10/2020 13:17

Btw, Im now up 14pc in 9 days on these on my most recent tranche (6.2K profit in a week, LUVVIN IT)

[porsche1945] 06/10/2020 13:12

@ Sikh ]

Well rather than endlessly posting drivel on here, get yourself to IG index along with special needs brickytoon and get some shorts opened up and put your pitiful savings where your obnoxious mouth is.

[sikhthetech] 06/10/2020 13:11

Jug,

That's rubbish.

It's clear from Boris' speech and the article that both Mr Jenrick and Boris want cheaper homes and want to break the dominance of the major HBs.

Breaking the dominance of the current HBs, more competition is there to make housing cheaper. The govn is not introducing competition to increase house prices, are they??? The fact is status quo is not sustainable, hence the major planning changes.



The planning changes:


All of which will impact current major HBs, together with Help to Buy ending for 2nd homes, as well as temp Stamp Duty hol. Today's speech shows the govn are unlikely to extend both of these.



Jenrick plans to break dominance of volume housebuilders

"Housing secretary Robert Jenrick has said he wants to use the government planning reforms to break the dominance of the volume housebuilders and will put more money in to the planning system."

"“So, the need for action is clear, and I hope the things we are putting forward in the white paper will create a more diverse and competitive market than we see today. That’s certainly one of the key missions that we’ve set ourselves.”"


"Small builders regularly cite planning difficulties as one of the main barriers to entry preventing them from growing. Jenrick’s comments come just weeks after it was announced that four listed builders are under investigation by the Competition and Markets Authority for potentially misleading customers over the sale of leasehold homes, and after years of concerns over the quality of new build houses."

[smartie6] 06/10/2020 13:10

I’m the same Smartie, just a little bit smarter today. Lol.
Gave you William Hill.
Now in Staffline, moving on up.
And now given TW the blessing.

[imastu pidgitaswell] 06/10/2020 13:08

I have a filter on 'smartie(x)' and now there is another variant, but this time long. I would imagine no more insightful.

Incidentally, in case anything is addressed at me, sikh is filtered - and staying so.

[jugears] 06/10/2020 13:04

planing will have no impact what so ever, keep clutching at those straws pal.

[sikhthetech] 06/10/2020 12:59

The HB sector moves in sync, as it always does, up and down. lol

Nothing new there and nothing about financial impact of new planning on current 'premium land banks' from the traders.. No surprise there, just trader talk...

[imastu pidgitaswell] 06/10/2020 12:54

Pretty sustained response across the sector. Differential remains. Enough said.

[sikhthetech] 06/10/2020 12:45

Planning changes: .

Break the dominance of major HBs.
More competitive market place.
Ease of planning for small builders.

All of which will impact current major HBs, together with Help to Buy ending for 2nd homes, as well as temp Stamp Duty hol. Today's speech shows the govn are unlikely to extend both of these.



Jenrick plans to break dominance of volume housebuilders

"Housing secretary Robert Jenrick has said he wants to use the government planning reforms to break the dominance of the volume housebuilders and will put more money in to the planning system."

"“So, the need for action is clear, and I hope the things we are putting forward in the white paper will create a more diverse and competitive market than we see today. That’s certainly one of the key missions that we’ve set ourselves.”"


"Small builders regularly cite planning difficulties as one of the main barriers to entry preventing them from growing. Jenrick’s comments come just weeks after it was announced that four listed builders are under investigation by the Competition and Markets Authority for potentially misleading customers over the sale of leasehold homes, and after years of concerns over the quality of new build houses."

[tomc85] 06/10/2020 12:40

Snap, beaten down compared to competitors and looking to break range.

[smartie6] 06/10/2020 12:24

Jugears. I am now a TW share holder. Bang. 110p. As soon as BJ mentioned it.
Bit reactive but nevertheless right move. Lol.