Taylor Wimpey Share Discussion Threads

[sunshine today] 23/4/2024 07:27

Umm,second half weighting, after the company has totally used up the spring selling season. !!!

It’s a profit warning in all but name .

[sunshine today] 23/4/2024 07:25

Umm,second half weighting, after the company has totally used up the spring selling season. !!!

It’s a profit warning in all but name .

[garycook] 23/4/2024 07:19

Good Update as expected !

[jugears] 23/4/2024 07:13

Good TU as expected!

[sikhthetech] 22/4/2024 21:35

Jugears, you don't understand the housing market, inflationary pressures, immigration etc, which is why you're always wrong.

As ST posted, mortgage rates are going UP. The reasonable/logical posters on here were saying that interest rate won't start to fall for a while, they will stay higher for longer, whilst you've been saying they will start to fall soon, started from 'January' then slowly the next month, then the next...

Do you even understand the 2% inflation rate remit given to the BoE?
The problems stem back years and govn policy over the years is now coming back to bite.

Not everything is about your ringfenced small village!! :-)

[kreature] 22/4/2024 18:49

Well JUGS, Im new to ‘fake freehold’ houses and house builders who mislead the general public into believing their homes are freehold when they are not free from encumbrances, deficiencies or hold, so it’s refreshing to find TW who potentially sell genuine freehold absolute houses? Please correct me if I’m wrong though, as I don’t want to invest in a dud

[jugears] 22/4/2024 18:22

kreeatch, I wouldn't advise anyone to invest in any company, however I did say at 98p RR was a good investment & that 21p TLY was a very bad investment, always do your own research & look ahead not back, long term Tw. will bounce back whatever happens, there is a need for more houses & will only ever be a handful of large enough builders to build those homes, hence why I am here!

[sunshine today] 22/4/2024 18:17

Some of the UK's biggest banks are raising mortgage rates as expectations of when the Bank of England will cut interest rates are pushed back.
Barclays, HSBC and NatWest are all increasing some costs on fixed-rate mortgage deals from Tuesday.
Mortgage rates have risen over the past few weeks as views have changed on when the Bank might cut borrowing costs.

[kreature] 22/4/2024 17:22

JUGS, in fairness, surely your alleged success in the past and your other 25 companies are not reasons for others to buy here, nor grounds for any investment decisions here at all ? ‘
In contrast, new build ‘ Fraudulent freeholds ‘ and general widespread affordability issues are a basis for decision making IMO. Thankfully I’ve not read the TP1 docs here yet, so I can’t say this is fraudulent and not saying it is. However I might ask IR for clarification as to whether or not the word freehold is or isn’t being inadvertently or deliberately misused in a way to mislead the general public into thinking they are buying a title free from encumbrances.

IMO only, ATb

[jugears] 22/4/2024 16:56

Keatch, you mean some people have no money, the ones that will always be renters & never own a property in their lives! meanwhile Tw continues to build far to few houses for the people that can afford, they only build 1% of all houses sold each year in the uk & half a percent of all new houses built in uk each year, of the 1-1.5 million houses sold each year a third are to cash buyers, that's nearly 500k houses, TW build 10k so in reality only a very very small percentage of the popularity need to be able to afford those houses, you also need to take into account that about 20k home are demolished or decommissioned each year which adds to the amount of houses needed, In nearly 50 years of investing I cannot see anything that there is not to like investing in TW, IMEO the long term investment potential here has never been better, put it like this I own shares in about 25 companies now & some have done exceptionally well in the last few years but I would sell any tomorrow if I had to but not TW, The very best IMEO is yet to come it just needs patience.

Lef, we need to be building 350 - 500k houses a year for the next 10 years if you want to ever see affordable, unfortunately the number of people earning better & bigger wages seems to be growing faster than ever & these will be the people buying houses, its already been warned that large scale social housing projects are struggling for funding & that's because they don't pay, as I am very sure VTY will find out soon enough.

[kreature] 22/4/2024 16:05

‘what is there not to love about Tw long term???“

Potentially, possibly worthless ‘Fake freeholds’ or are they even fraudulent freeholds if not free from the encumbrances of a management company and deficiencies of estate charges ? I dunno, maybe best to get clarification from IR ?

‘ as there is clearly more chance of rates falling than rising then I would expect momentum to start building over the next 12 months, ‘

In reality, no one’s got any money, hence tbf hutch affordability is increasingly fked

[lefrene] 22/4/2024 15:49

JUGS, the situation was similar after WW11, hence the lending regulations brought in circa 1946/7. Back then, those with power realised that runaway housing prices would damage the formation of families, and thus cause labour shortages in the manufacturing sector, a sector that was depended upon to repay the USA war loans.

The strategy was successful, houses became genuinely affordable, and the building industry boomed, because far more people could actually afford to buy their own homes. Which then led to a boom in 'white goods' and furniture. All ruined by one Edward Heath in April 1974, to bail out reckless Banks. The last chance to sort out the mess was in 97 when for a while houses were actually affordable following the boom and bust of 88 to 93, but oh dear the utterly gormless Broon screwed that up from 97 onwards.

[kreature] 22/4/2024 13:23

Can you try not to swear please Jugs, it’s a public order offence. Maybe try not to fall in love with your stocks, especially if it’s dumping ‘fake freeholds’ on unsuspecting customers. Looks like they possibly are ? Dunno for certain tho. What d’you think? Imo ATB

[lefrene] 22/4/2024 12:01

B2, it's what happens when you get programme trading. It's just the machines reacting to whatever news input streams they have. Building sector will be impacted by projections of credit availability, credit affects the whole sector, so the machines mark down the whole sector.

[kreature] 22/4/2024 07:58

If the building societies and banks didn’t make the overpriced houses so affordable in the first place via interest only mortgages etc, then asking prices would have to drop to a reasonably affordable value. Say £10k prob about right for your average 2 bed semi detached fleecehold hutch imo. However prob more like zero if you factor in liability for public spaces and uncapped management estate charges

Imo

[lefrene] 22/4/2024 07:56

Go back to the pre April 1974 loan controls on mortgages. Property is a credit driven Ponzi scheme, and has reached such extremes hat youngsters can't afford a home or a family, hence your next crop of milch cows is choked off. Never mind the rubber boats bring in replacements every day!

[sunshine today] 22/4/2024 07:32

7 hours ago

First-time buyers are facing the toughest conditions in 70 years to buy a home, according to a report by the Building Societies Association (BSA).
Those buying a first home were increasingly reliant on having two high incomes or receiving parental support, it said.

Others have been priced out and "stuck" in renting from private landlords.
Building societies account for a quarter of mortgage lending, and their association suggests the market needs to change to allow more people to buy a home.


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Yep stop the likes of TW hoarding land for starters

[kreature] 21/4/2024 20:37

3 years wait to see an optician in NHS. So potentially forced into blindness if you don’t have £300 to pay for your first private consultation

[sikhthetech] 21/4/2024 20:29

Affordability, anxiety, stress..Health.

The biggest problem facing the UK is health.

It's been building up since the financial crisis of 2008.



"The 2008 financial crisis had a major impact on society - we saw an economic downturn and public spending cuts. That had an impact on people's health in many different ways. The pandemic and subsequent cost of living crisis exacerbated trends, but the signs were there before Covid hit.

"Access to health care has become more difficult, while those fundamental building blocks of health - such as good housing and adequate incomes - are under strain."

[peteret] 19/4/2024 16:46

Trading update this coming Tuesday could explain the rise at the end of today

[baracuda2] 18/4/2024 16:32

It just seems coordinated for every house builder, obviously today is the exception

[jugears] 18/4/2024 16:18

bara, it seems to be all shares at the moment.

[baracuda2] 18/4/2024 14:40

Anyone know why there is a coordinated drop in share price virtually every afternoon which seems to affect all house builders. Trolls dont bother answering as you are all filtered.