Taylor Wimpey Share Discussion Threads

[zam1] 28/3/2024 12:21

What would be an entry point any suggestions? 115 or 130?

[tlobs2] 26/3/2024 08:44

And the drunks posting early morning ;-)

[craftyale] 25/3/2024 07:19

It's the clowns who reply to or acknowledge any of the troll's content that need more help. Ex div Thursday.

[kreature] 21/3/2024 23:16

The economy is way too complex to understand by design, but as long as you see it as a scam to defraud you, then imv you can’t go far wrong really. Anyway, sorry to bother all. Best of luck with your TP1s

[kreature] 21/3/2024 23:05

The bottom like is that it’s all a big scam imo. Outrageous affordability created out of thin air by banks offering loans called mortgages. Then they went one further and offered interest only mortgages, lol. Now they got 1% mortgages enabled due to the cahoots of house builders and banks.

[kreature] 21/3/2024 22:55

Tbf the 1% two year fixed mortgage rate is sick, as in disgusting imo. What you supposed to do after the 2 year deal ? Apply for the rate that you couldn’t afford 24 months ago. Or telephone that smiley twit up and cry ?

[kreature] 21/3/2024 22:48

in summary

[kreature] 21/3/2024 22:30

“hutches”; ?

[lefrene] 21/3/2024 19:40

JUGS, I believe the theory is, that if you charge more for money, then it squeezes out the marginal borrowers who thus have no credit to spend, thus theoretically lowering demand. It just takes a long time to produce a useful effect. In the meantime whilst waiting for that lag to have an effect, then as you say, prices go up in an effort to recoup the additional costs.

Perhaps once they have forced digital 'money' onto the Eloi, the State will simply reach in and just take 'money' from peoples accounts, thus reducing demand over night.
Plainly people want this to happen, or else they wouldn't be using phones and cards to pay for everything!

[jugears] 21/3/2024 18:10

Kreature, the BoE could have put interest rates up 18 months after the Financial Crisis & should never have fallen below 2%(probably before your time)instead they dropped to zero, a mistake admitted by the BoE as being to hasty, the problem then it is very difficult to put them back up again as can be seen by the number of firms going out of business, again interest rates could have risen sooner than they did & at a much slower rate, as any business will tell you, higher energy & fuel cost are the main reasons for inflation,higher interest rates do not bring cheaper energy costs or fuel cost Caused by Wars in other countries), If take for example you go to B & Q & buy a bit of wood, that bit of would will have been transported & processed, stored,shipped at least 10 times before it gets to B&Q If each of those have had energy & fuel cost increased by 10% you can understand why softwood doubled in price, how does higher interest rates bring those prices down???? it doesn't it just adds even more inflation because those companies servicing debt will be paying more & passing it on to their customers, On a good point it has been bloody fantastic for savers like me!

[tlobs2] 21/3/2024 16:56

Pretty reasonable volumes today. Looks like investors have plenty of positive feelings for the UK housing market :-)

[kreature] 21/3/2024 16:40

Lol. So Jugs was right because rates were supposed to fall, and BOE were wrong. BOE prob new to all this interest rate thing ?

[jugears] 21/3/2024 15:22

Sikh, they should have fallen late last years but typical BoE dragging their heals as usual, lets just hope they don't leave it much longer if they want to avoid a recession!

[fenners66] 21/3/2024 14:59

lefrene
your post -
"We seem to be in a market that is moving sideways, and adjusting to current realities.
TW will be taking part in that adjustment,"

So I guess you have a blindfold on , (remarkable how you can still type so well) and fingers in ears , huh ?

You should have read the bit posted earlier that the ONS (Office for National Statistics) ...
I will repeat it for you but I guess you will not see it , with your blinkers and all.....

"New-build homes appear to be leading the recovery, with prices increasing by a huge 8.8 per cent across the month of January."
"Year-on-year, new-build properties have risen in price by a staggering 16.6 per cent. "

[sikhthetech] 21/3/2024 14:46

Jugears,

"Who said they were going to reduce them?"

You, or are you changing your mind again!!!!


Rate will fall January...
JUGEARS - 17 Nov 2023 - 12:46:01 - 16955 of 17652
IMO we will see rates fall as early as January now


Then come January, changed to end of March
JUGEARS - 17 Jan 2024 - 10:20:47 - 17421 of 17652
<...> I still expect rates to fall around the end of march.

Then come March
JUGEARS - 06 Mar 2024 - 14:55:52 - 17618 of 17652
<...> as I am sure it will be when interest rates imminently start to fall.

[jugears] 21/3/2024 14:03

Sickly,Who said they were going to reduce them? although rates could come down now & should come down now, we all know that the BoE are not very good at calculating timings! ,Whilst rates may seem high to some they are still historically low & certainly seem manageable to the majority, hence why we have not seen a housing market crash, on the positive side rates will definitely not be going higher & will start to fall soon (much to the annoyance of us saver!!!!) so I would say IMEO that we are very close to the next housing cycle starting, as I have said before those buyers don't go away they wait & 4 years on from covid there must be hell of a lot of potential buyers waiting, I see huge sustained growth in the share price here over the next few years & that is why i'm staying,
How are TLY doing????, that 50k I put in to RR@ 98p is now worth 215k now, holding old established British companies that have a product long term is always best way to invest IMEO. Holding Tw long term I have received 3 times my original investment in dividends, not to mention the near 400% increase in share price & those I have bought since are up 50% plus, excluding dividends, It pays not to panic or be panicked!!!! Considering the volatility of the uk in the last 4 years which could be classed as a once in a life time scenario, I think that the uk housing market has held up extremely well, it shows that a lot of posters & experts have totally under estimated the strength of the housing market & how much disposable income people actually have & what they can & can't afford!

SIKH, In my opinion hb shares are about to lift off very soon, whether or not you listen to that advice is up to you, but I did say at 21p why I got out of TLY & I did say buy RR below a pound, The rest as they say is history!

[lefrene] 21/3/2024 13:56

I guess we all have our own small worlds. I observe in mine that the very pleasant, large but non touristy village in Norfolk, where I have lived the past two years, that the same houses repeatedly fail to sell. These range from tiny terraces circa £250k, to large detached up to circa £850k, and several new build large bungalows circa £600k. I notice that several now have auction signs outside, the sellers are either getting 'real', or being forced to liquidate. The properties that do sell, seem to be in the £350k to £495K segment, attractive well maintained older houses with character, with gardens and garages, ie desirable properties at fair prices.

We seem to be in a market that is moving sideways, and adjusting to current realities.
TW will be taking part in that adjustment, they need to sell the piles of bricks as well as build them. I guess the QS's will be under pressure to find ways of building the hutches for less.

[sikhthetech] 21/3/2024 13:27

There you go, as predicted by the realists, BoE holds interest rates, yet again.

[kreature] 21/3/2024 07:41

New build including TW offering 1% mortgages, the house builders paying 5% cash to the lender to get the monthly payments down. Then after the 2 year fixed term, well um er ah. Out of interest, what’s the difference between “ways” and “schemes&rdquo;? :

[fenners66] 21/3/2024 00:23

ONS -

Release date:
23 November 2023

"Main points

The population of England and Wales at mid-year 2022 was estimated to be 60.2 million, an increase of around 578,000 (1.0%) since mid-year 2021.

In the year to mid-2022, there were 574,000 deaths in England and Wales, slightly fewer than in the previous year; the number of births in the year to mid-2022 was 620,000, which was an increase of 11,000 compared with the year to mid-2021."

Time to stop your trolling

[fenners66] 21/3/2024 00:18

As for DVD trying to troll house prices...

ONS - House prices rose by 0.5 per cent in the month of January, according to the latest figures from the Office for National Statistics.

But for those on here that follow TW price rises and perhaps in support of the future profits that DVD doubts....

"New-build homes appear to be leading the recovery, with prices increasing by a huge 8.8 per cent across the month of January."
"Year-on-year, new-build properties have risen in price by a staggering 16.6 per cent. "

[fenners66] 21/3/2024 00:15

DVD - I stick with my comment about your desperation and the mistatements you are repeating
I have stated on here repeatedly my interest is challenging the idea there was going to be a house price crash
3 years ago 2 years ago 1 year ago etc. Simple as.
To that end when the last ONS data about population growth came out about a year or so ago - before the massive increase in immigration I added the data here and population is strongly rising - that was relevant then as now as it adds to demand.
So you challenge me as desperately defending a share price - I have never made any mention of it , or of TW , but since you clearly have not read the thread you will jump to any conclusion.

[cupra kid] 20/3/2024 20:13

The Fed announcing it expects multiple rate cuts over the next couple of years has boosted the markets. Over to you Rishi.