Taylor Wimpey Share Discussion Threads

[beckers2008] 03/11/2022 10:10

The way the currency markets are behaving this morning, do not be surprised if the BOE go for a 50bps hike, instead of 75bps that most analysts are forecasting.

[jugears] 03/11/2022 09:50

Uhound, in comparison I was talking to my my best friend that owns a group of estate agent shops & said they still had plenty of buyers but still not enough properties coming to the market & whilst a few properties had been reduced on the whole prices were stable. When & if I see our order book declinimg I may be more pessimistic, but currently our order book is increasing & looking like this year being a record year ! again it seems the property market seems to be defying market expectations! A lot of houses have changed hands in a short space of time recently these will be unaffected by rate rises as will be on fixed rates, those that bought prior will have seen there house value increase substantially so 10 -15% declines will not effect those either, what we are also seeing now is very low numbers of availiable new housing stock which in my opinion is going to keep prices firm for a while yet

[uhound] 03/11/2022 09:50

Potential "issues" for landlords could also though effect the market.

Rent controls, Capital gains tax increase, restricted lending criteria.

It's all a bit of a mess really.

[beckers2008] 03/11/2022 09:44

S100,

They haven't got enough hotel rooms let alone houses to occupy channel crossers!
They have already guaranteed houses for thousands of our Ukrainian friends all over the country.

Rental prices are going through the roof to accommodate the huge demand as thousands of landlord have sold their portfolio over the last two years.
In the South East rents have gone up circa 20%+ in less than two years!
Hong Kongers are buying 2 to 3 properties each as reported by BBC for an average of £750k in cash!
And there are 180k more to come over!

Watch the demand increase and the supply decrease even further.

[spawny100] 03/11/2022 08:41

Maybe it's all been setup so Serco, Blackrock, Vanguard etc will be buying all the new builds to house channel migrants?

[uhound] 03/11/2022 08:36

As long as buyers of new builds don't need mortgages, then the housebuilders will be OK.

The lenders are increasing their "stress tests" and with the increase in rates, this makes buying a new home much more difficult.

I've just had a tenant turned down for a mortgage they were hoping to get on a property. An estate agent has told me sales are falling through as buyers can no longer get the finance required for the sales agreed! Prices being reduced across the board.

Even if interest rates were to stay where they are now, that takes a lot of potential buyers out of the market as it's not affordable. We saw rates higher than now in the past, but property prices were a lot lower then. Earnings have not kept pace - for the average man/women.

[blackhorse23] 03/11/2022 08:16

Switches to CURY (LSE)

[sunshine today] 03/11/2022 07:53

The stock is currently trading at a forward p/e ratio of just 4.9.

No wonder investors get stitched up buying on recommendations like that.

Is any bull here honestly believing this company will have ANY earnings in two years time.

[masurenguy] 03/11/2022 07:40

Moneyweek likes Taylor Wimpey

"The UK housing market is structurally undersupplied and that is not going to change any time soon. Affordable housing is going to remain in demand, and so is energy-efficient housing. Taylor’s average selling price of new properties was just over £300,000 in the first half of 2022, slightly above the UK average of £292,000. This part of the market may be more insulated from higher mortgage costs. The business is also flush with cash. At the end of the first half, it reported a net cash balance of £616m. The stock is currently trading at a forward p/e ratio of just 4.9 and offers a dividend yield of 9.7%. The outlook for the UK housing market is highly uncertain at this point in time, but there will always be a demand for new homes in this country. Taylor Wimpey’s valuation looks too cheap to pass up."
MoneyWeek 2 November 2022

[sunshine today] 03/11/2022 07:23

Umm so when they come back down over the next two years the average saving C: £400 a year.


OR WILL IT ?


The average premium on a new house is 10% - 15%

The average house is £265,000

Thus even with high electricity it takes 15 years to see any benefits ( if it’s slapped on the mortgage it has zero benefit.

At average price of power over the last ten years payback takes 75 years.

[beckers2008] 03/11/2022 07:12

sT,

My post data is dated October 22.
Yours is March 22.
That's the truth, lol!

Haven't you noticed that energy prices have gone up since Putin's invasion, lol!

You have gone and done it again, lol!
You really are another village idiot, lol, just lol!

[sunshine today] 03/11/2022 06:51

Now the truth .

18 Mar, 2022

HBF has today published a new report analysing government data, which finds that buyers of new build homes are saving more than £400 per household on their energy bills and collectively doing their bit to reduce the country’s carbon emissions with almost 600,000 tonnes less carbon emitted than if last year’s new build homebuyers had chosen to purchase an older, less efficient property,

[beckers2008] 02/11/2022 22:04

According to data from the Home Builders Federation (HBF), buyers of a new build house will save on average around £2,600 per year in energy bills.

New build homes significantly reduce households’ energy usage, with the average new home using approximately 100kWh per m2 per year compare with older properties which require an average of 259kWh per m2.

New build properties (houses and flats) save an average of just over £2,000 per property each year, with the average annual running costs for a new build totalling £1,500 as compared to an average of £3,750 for older properties. These savings rise to £2,600 a year when looking at new and old houses alone, rather than smaller properties such as flats or bungalows.

[jugears] 02/11/2022 21:49

yawn yawn yawn. we will see sikh,we will see.

[sikhthetech] 02/11/2022 20:47

BoE meeting tomorrow.

This is 2 weeks before the Chancellor's Autumn Statement so they don't know what impact the Statement will have.

House price falls so far forecast by banks/property experts:

Watch the demand fall and the supply increase.


These are for next year:
Lloyds house prices to fall 8%, worst case 18%
Capital Economics house prices to crash 12%
Credit Suisse house prices to crash 15%
Natwest house price falls 7%
Nationwide house price crash 10-15%

[jugears] 02/11/2022 19:43

Gbh2 cheap isnt usually good & with HL you get what you pay for IMO, instant trading, instant prices & paid when you sell straight away.

[gbh2] 02/11/2022 19:19

Thank you Jugears you've confirmed my findings, as you say trading costs are cheaper elsewhere but the majority have platform subscriptions which HL aviod.

[jugears] 02/11/2022 19:06

Yes sikh all as expected I do watch the news as well, I expect ours will be up .75% as well tomorrow all as expected! House price falls are all predictions know one really knows it could be nothing it could be 5% it could be 50%, anything could happen, I live for today, I will worry about tomorrow when it comes! I've said before that this time if house prices fall so will build costs and a lot more than they have in the past, again this month we are seeing increased orders & declining material prices, professional companies dont sit there worrying what the so called not experts are telling us we just get on with it.

[sikhthetech] 02/11/2022 18:46

I see the FED increased interest rates by 0.75% today...

There you go, other banks/experts following each other... like sheep..

I see Nationwide are forecasting house prices to crash 10-15%, peak to trough.

Joining Lloyds 8%, worst case,18%.
Natwest 7%

Credit Suisse 15%


The trolling sheep will be happy...not..
;-)

[jugears] 02/11/2022 13:58

gbh2, I have used Hargreaves Landsdown for years, maybe not the cheapest, but a very good quick & efficient service, never had any problems with them.

Sikh Lol, don't forget TW trading update next week as well!

[beckers2008] 02/11/2022 13:34

gbh2,

Jarvis investment management, I joined these a few years ago from the Yorkshire Building Society after Interactive Investor put their prices up.
I presume you would get the same T&C's. Maybe worth a look.

[gbh2] 02/11/2022 13:19

I have a mate that's looking to buy and sit on shares which pay a decent dividend, I'm hoping that regular users of this thread can save me the time of finding a cheap low fee share dealing provider, recommendations most welcome?

[sikhthetech] 02/11/2022 13:10

BoE meeting tomorrow.

This is 2 weeks before the Chancellor's Autumn Statement so they don't know what impact the Statement will have.

House price falls so far forecast by banks/property experts:

I expect the trolling sheep Beckers, Fenners, Imastu, angers will continue with their head in the sand and pretend they were right...;-)

Watch the demand fall and the supply increase.


These are for next year:
Lloyds house prices to fall 8%, worst case 18%
Capital Economics house prices to crash 12%
Credit Suisse house prices to crash 15%
Natwest house price falls 7%

[jugears] 01/11/2022 22:26

I hope your trading easyjet then, sold mine today as I cant see a future in air travel that will be the first thing to go if times get hard & cant see the mmc being to happy about a take over imo