Taylor Wimpey Share Discussion Threads

[imastu pidgitaswell] 23/10/2020 12:28

Ooops, forgot - for my filtered friend - last night's latest:


free stock charts from uk.advfn.com


😛

[imastu pidgitaswell] 23/10/2020 12:26

2162 - They will extend, in an adjusted form of some sort; the current plan from 1st April may be tweaked, it may not. What difference it would make if they didn't is open to question - but that scenario probably will not arise. A bit like the continual tweaks to the furlough scheme(s), they will adjust as they see fit, nearer the time.

In any event, as people have noted on here before, not that the berks listen, more people are using the scheme because they can, not necessarily because they need to. If they have the option, they use it. 5 years interest free - you would, wouldn't you? If they don't have the option, they buy anyway, just less advantageously. Some people are mixing up correlation and causation.

Re all these companies highlighting H2B disappearing, as with all forward looking statements from listed companies, they have to highlight and comment on risks - be it Brexit, Covid, the economy in general, or sector specific issues. They are required by law to do so - inevitably this results in a series of potential negative scenarios being trailed, along with the company's planned responses in such a scenarios - their risk management.

The most recent TW. one, pre-covid is:



Pages 48-53

Has been a requirement for all listed companies for a few years now, and will always remain a requirement. Read into it what you will - it's not a forecast of what will happen, it's a checklist of what could happen, negatively.

To some extent there is a political dimension as well - they are going to be highlighting the H2B thing as a risk, as they clearly want some form of continuation - would be daft not to.

As and when the government does do some something about it, it will be for a limited period - so the potential uncertainty will continue, and result in volatility; giving the market something to pin regular upswings and downswings on. Sounds good to me.

[sikhthetech] 23/10/2020 12:06

Another HB, Bellway, sees Help to Buy ending as a risk. Majority of their reservations made with Help to Buy.



Bellway looks to offset Help-to-Buy risk

Possible changes to government support for first-time house-buyers are cited as a risk

Since the March lockdown, 57 per cent of reservations were made with Help-to-Buy support

[disneydonald] 23/10/2020 11:44

The smart money reckons that Rishy will extend the tax break and either, bring in new incentives for first time buyers as Boris announced, or just extend current scheme for another six months. In order to take the heat out of the situation on the run up to April and maintain a steady market and job creation opportunities in the building Indus supply chain.

Boris likes to be liked, and there’s nothing better than helping the Brits to exercise their “right” to buy and sell homes to each other.

[sikhthetech] 23/10/2020 11:17

wfl1970,

"Entry-level buyers face a double hit. The Help to Buy equity loan scheme also ends in March."


exactly.. and given, on average, it takes 6 months from property listing to completion, there should be a reduction in the number of new buyers, wishing to use Help to Buy for 2nd properties or the temp Stamp Duty hol, over the next few months.
The major uncertainty hitting during this qtr, Q4. as expected.
;-)







sikhthetech22 Oct '20 - 21:06 - 2155 of 2160 Edit
<...>

Only 5 months left for buyers to complete their home purchase to take advantage of temp Stamp Duty Hol.
Both Stamp Duty hol and Help to Buy for 2nd homes ends 31st March...

[wfl1970] 23/10/2020 11:04

There will be a vacuum of buyers in April

"Other buyers may not be able to transact at all. After the deadline for the stamp duty discount has passed, “there will be a large number of purchasers who will not continue with their transactions because they can’t afford to,” said Mr Boast.

Entry-level buyers face a double hit. The Help to Buy equity loan scheme also ends in March.

“Developers have a mad rush to get their stock sold before the funding is pulled,” said Mr Boast.

For the last three months, solicitors have been adding clauses into contracts for purchases on the Help to Buy scheme that caveat that the buyer is not liable to complete the transaction if it cannot be done in time to be eligible for the equity loan funding, he added.

Help to Buy’s replacement, which launches in April with a system of regional price caps and which will be open only to first-time buyers, means that nearly 40pc of the buyers who currently buy under the scheme will no longer be eligible, according to the Home Builders Federation, a trade association.

The change will hit the market harder because buyers are increasingly dependent on the scheme. Before the pandemic, 35pc to 45pc of new build sales were made using the equity loan scheme, according to HBF. Since lenders withdrew low deposit mortgages en masse, that share has jumped closer to 55pc."

[sikhthetech] 23/10/2020 10:35

Jugears,

"cracking months with substantial profits on lloyds, Tullow & Rolls Royce to name but a few & TW will be next"

You trading now??? I thought you were a long term investor??

Lloys had fallen 50% to 20-mid 20s, by Q4...as I predicted.
All those uncertain events coming together in a short space of time, Q4 eh!!! ;-)


Obviously you didn't buy Lloyds at significant higher prices and managed to buy at the bottom... ;-)

So easy to be a hindsight trader ;-)

[jugears] 23/10/2020 10:01

Well I have had a cracking months with substantial profits on lloyds, Tullow & Rolls Royce to name but a few & TW will be next, so much for all the doom & gloom boys & girls!my only regret is not buying more Tw .98p, oh well you cant win them all!

[imastu pidgitaswell] 23/10/2020 09:42

Some people, silly fools, believe there is asset value to be had on the cheap in this sector. What do they know, eh?

[buywell3] 22/10/2020 21:29

99p anyone ?

[sikhthetech] 22/10/2020 21:06

gbh,

yes best wait for clarity over US Election.
Wouldn't want to be heavily invested in Banks, HBs during one of those major uncertainties coming together during Q4,...
Glad you agree. ;-)


Only 5 months left for buyers to complete their home purchase to take advantage of temp Stamp Duty Hol.
Both Stamp Duty hol and Help to Buy for 2nd homes ends 31st March...
What will the impact be on HBs and House prices once these end?

[gbh2] 22/10/2020 19:09

imastu, I had a couple of sell set for 117p, 2.5% profit but I'm gathering as much as I can cash wise until we hear something reliable re the outcome of the US election.

Also repurchased POLY first thing after reading the update.

[sunshine today] 22/10/2020 16:25

At some stage the help will stop

FCA absolutely desperate to keep the boom going

[imastu pidgitaswell] 22/10/2020 16:14

gbh2 - only irritating as I didn't offload the ones from early on, so a few hundred quid not grabbed; manana it will have to be (or whenever the bloody things go up again).

[smartie6] 22/10/2020 15:58

If it’s broken you will have to fix it.
Nice profit taken and now awaiting the big fall. GLA. Lol.

[gbh2] 22/10/2020 15:48

11th Nov imastu :)

[imastu pidgitaswell] 22/10/2020 15:46

Wild (and irritating) ride - but on not much volume.

[bricktycoon] 22/10/2020 13:49

This will crash towards 5 p lows this Christmas sales collapsed asking prices plummeting no dividend no banking faculty 2008 lows imminent

[gbh2] 22/10/2020 07:36

I picked up a couple of buys under 114p today.

[cl0ckw0rk0range] 21/10/2020 22:56

Some very desperate shorts in here.

[manonph] 21/10/2020 16:51

Yep finished. Up on a big down daysome people don't agree

[sunshine today] 21/10/2020 13:34

A 1963 Cold frozen winter will finish them off.

[bricktycoon] 21/10/2020 13:27

Wet site 2008 lows imminent

[martyn9] 21/10/2020 11:51

Positive if a building site has a "till" situated in the site office they are allowed to continue building, a complete and utter farce.

[death by donut] 21/10/2020 10:30

pretty sure I heard that construction can carry on in Tier 3.Stand to be corrected of course.Probably correct tho given uk economy seems to depend on ,and be addicted to, selling their houses to each other imho.DbD