Taylor Wimpey Share Discussion Threads

[ftir1] 25/5/2022 08:51

If investors think that somehow TW. will avoid the carnage that's going to consume the UK housing market over the coming months/years then you're going to be very mistaken.

[rwlly1] 24/5/2022 18:42

Could not agree with you more, but the only problem with the above is that if everybody did all those things, there would soon be 5million on the dole. Because the whole economy is top heavy with the service sector

[baracuda2] 24/5/2022 18:36

Totally agree with you jugs, also the current generation have never known high interest rates, when they were 15 percent I had to cut back and get a second job just to pay the mortgage. Now people ask, whats the government going to do for us, entitled generation!

[sikhthetech] 24/5/2022 17:02

Energy price cap set to rise to £2800 in Oct...

Increasing affordability problems...as expected...


Energy price cap: Typical energy bill set to rise to £2,800 a year in October

[ftir1] 24/5/2022 16:30

I'd never have guessed

[jugears] 24/5/2022 16:23

Ftir, I do my own research thanks bud! I don't rely on what others tell me.

[sunshine today] 24/5/2022 16:22

U.K. always follows the USA.

Following the unexpectedly large decline in existing home sales (directionally not unexpected given the surge in mortgage rates, plunge in mortgage apps, slump in homebuilder sentiment, drop in building permits, and weakening in labor market signals that are emerging), analysts expected new home sales to slide 1.8% MoM in April. They were right in direction but drastiucally wrong in magnitude - New Home Sales in April collapsed a stunning 16.6% MoM - that is the worst drop since the peak of the COVID crisis (and before that the taper tantrum in 2013)

[25guilderbag] 24/5/2022 16:02

Shares move at 3.00pm, once folk have gauged the stateside opening. Who'd have thought it!

[baracuda2] 24/5/2022 15:36

Mine to, sick is filtered and has been for months

[ftir1] 24/5/2022 15:34

Don't worry, I'm sure your well informed estate agent friend will tell you everything's ok.

[sikhthetech] 24/5/2022 15:17

as expected...

sikhthetech20 Feb '22 - 15:26 - 5884 of 5899 Edit
<...>

When the housing market crashes, no HB is immune from the crash. Likewise, listed HBs are not immune from stockmarket falls or movements.

Govn support, provided during pandemic, has ended. Repossessions which were stopped during pandemic are legal again.
Around 30k homeowners in severe mortgage debt.
Inflationary pressure, interest rate rises, NI rises, Council tax rises, energy price rises all impact affordability.

[baracuda2] 24/5/2022 15:15

Been fixated on builders I never really noticed before but yeah all the companies in my watch list are down

[jugears] 24/5/2022 15:12

As do other shares!

[baracuda2] 24/5/2022 15:09

Seems that virtually every afternoon all builders drop in coordinated pattern

[jugears] 24/5/2022 13:10

Very True, My own company didn't have any debt for 30 years & never had any government subsidies like some industries! Know your costs & exactly what profit margin you need to make & stick by those rules, In over 40 years running the company I have never had to drop my prices, some customers went elsewhere to try & put price before quality but almost all came back again

[rwlly1] 24/5/2022 12:49

The treasury is mighty pleased with itself, because borrowing for april was only 18.6 billion. If they were in the private sector they would all get the push, never mind congratulated.

[jugears] 24/5/2022 12:40

Beckers, there does seem to be a huge upsurged in demand for property in London Housing & offices after an almost 2 year lull, It seems to me that investors are starting to see a better return in the uk, Interestingly my best friend who is an estate agent says that first time buyers are saving & putting down larger deposits on houses than in the past & that there is still a huge shortage of property coming to the market, because of this he suggested that we could see house prices rise by as much as 10% over the next 18 months!

[fenners66] 24/5/2022 12:23

Please don't feed the troll , it just wants an argument , any argument.

[sikhthetech] 24/5/2022 12:08

Beckers
"The foreign investment into this area is going to explode."

Where do you think this explosive foreign investment will come from?
Post Brexit, from EU?
Russia, given the war and collapse of their economy?
China, given the collapse of their housing market?
US, given the collapse of their housing market?


Post East European countries joining EU in 2004 and re-Brexit, there was huge investment from Polish and other other East European nationals.