Taylor Wimpey Share Discussion Threads

[baracuda2] 09/9/2024 07:20

Seems like he has!

[jugears] 09/9/2024 07:18

Has Sickly been in a coma? always late with news lol oh lol.

[baracuda2] 08/9/2024 20:47

House prices in the UK reached a two-year high in August and the recent interest rate cut has increased confidence among homebuyers, the UK's largest mortgage lender has said.Halifax said prices last month were up 4.3% compared to last year, taking the average cost of a UK property to £292,505.

[sikhthetech] 08/9/2024 17:08

As expected and as posted by DVD/Kreature etc, HBs continue with poor results.

BDEV slashes dividend, as earnings decline.

HBs newsflow continues as expected..



Housebuilder Barratt slashes dividend by half to reflect lower earnings






sikhthetech - 02 Jul 2024 - 20:05:07 - 18327 of 18985
The company/sector newsflow has been as predicted.



Some properties have crashed over 40%, as predicted.

Was there inflationary pressure, so BoE had to increase interest rates? Yes
Did HB's share price crash, as predicted? Yes.
Did divis reduce, as predicted? Yes
Did house prices fall, as predicted. Yes.
Did some property prices fall 40%++. Yes.
Have mortgage arrears increased. Yes

[kreature] 07/9/2024 14:40

Lloyds now offering mortgages 5 times salary might aid house builders & help penniless buyers to overstretch ? Good for business here ?

[jugears] 06/9/2024 08:20

Becks, don't forget this drop of 30-40% peak to trough lol, never going to happen & never was going to happen, to big a shortage of homes in this country, IMEO house prices will rise at least 5% a year.

[beckers2008] 06/9/2024 08:04

Halifax report...

House prices are rising at their fastest annual rate for nearly two years according to latest figures from Britain’s biggest mortgage lender.

Halifax said the average cost of a home in the UK went up 4.3% in August to £292,505, the highest level since August 2022, the month immediately before Liz Truss’s notorious mini-Budget.


Prices have not been rising faster year on year since November 2022, the lender said, although it also cautioned that this partly reflected the weakness in the market in the chaotic aftermath of the mini-Budget.

[beckers2008] 06/9/2024 07:57

Halifax report...

House prices are rising at their fastest annual rate for nearly two years according to latest figures from Britain’s biggest mortgage lender.

Halifax said the average cost of a home in the UK went up 4.3% in August to £292,505, the highest level since August 2022, the month immediately before Liz Truss’s notorious mini-Budget.


Prices have not been rising faster year on year since November 2022, the lender said, although it also cautioned that this partly reflected the weakness in the market in the chaotic aftermath of the mini-Budget.

[jugears] 06/9/2024 07:41

If there is an affordability problem, how come house prices are still rising?

[kreature] 06/9/2024 06:57

The Berkeley Group Holdings plc
Trading Update
Period from 1 May 2024 to 31 August 2024
6 September 2024
Berkeley Logo

The Berkeley Group Holdings plc ("Berkeley") is holding its Annual General Meeting ('AGM') today, at which it will provide the following Trading Update covering the period from 1 May 2024 to 31 August 2024.

"Trading has been stable for Berkeley over the first four months of the year and we are on target to achieve our pre-tax earnings guidance for the full year ending 30 April 2025 of £525 million, 90% of which is already secured through exchanged sales contracts.

Pre-tax profits for the year are expected to be weighted towards the first half, similarly to last year, and operating margin will therefore be slightly ahead of our long-term range (17.5% to 19.5%) for this period. Net cash at 31 October 2024 will be around £450 million (30 April 2024: £532 million) following shareholder returns of £229 million in the first half, including the £184 million proposed special dividend that is subject to approval by shareholders at today's AGM.

Berkeley supports the proposed changes to the planning system and the Government's aspiration to deliver 1.5 million new homes across this Parliament as part of its mission for growth. Achieving this ambition requires a change of attitude and a refreshed partnership approach to allow developments, that are currently stalled, to come forward and Berkeley is committed to playing its full part in delivering the new homes the Country needs.

This ambitious plan from the new Government brings with it a number of changes to the operating environment, the impact of which Berkeley will fully evaluate ahead of updating the market with its Interim Results in December."

[kreature] 06/9/2024 06:49

Next up, Redrow results 11th Sept

[gaygay3] 05/9/2024 21:18

LLB totally agree with you

[cupra kid] 05/9/2024 11:29

Decent half year results at Vistry.

[laurence llewelyn binliner] 05/9/2024 08:47

Heir Strarmers 300,000 home builds target is unachievable, unless interest rates pull back sharply HBs will not be able to sell them all, let alone build them in the 1st instance, fantasy targets offered..

[beckers2008] 05/9/2024 08:29

Dire Keir's plan for 300,000 per year is unachievable. Developers will seek to maintain their margins which will delay the process.
House prices will rise every year...

[baracuda2] 04/9/2024 20:13

You are an idiot

[kreature] 04/9/2024 19:41

Surprised you’re posting here today Becks, what with a yellow weather warning for drizzle forecast. Thought you’d be outside boarding up the windows ?

[beckers2008] 04/9/2024 15:50

"Kreature - 10 Nov 2023 - 08:25:58 - 4893 of 5676
Well I'm shorting the lot PSN, BWY, RDW"

Lol, just lol!

[kreature] 04/9/2024 15:37

JUGEARS4 Sep '24 - 14:23 - 18967 of 18968
0 2 0
Still building houses & still making profits,
———;-

Lol

[itisonlymoney] 04/9/2024 15:22

Plenty of houses and flats being built, the market is oversupplied if anything. zoopla says properties for sale are at a 7 or 8 yr high. Buy to let landlords are divesting in droves. Private equity and others are moving into the letting market.

The market is beginning to get concerned. TW fall so far today is about 8 times the index drop. the timing of the redrow purchase has the potential to be the undoing of barratt. bought at the top of the market with costs building on all sides, add in reorganisation costs and redundancy for redrow management and this could turn out to be a disaster for bdev imo.

BoE has warned that interest rates might not come down for a while so no help coming there.

[jugears] 04/9/2024 13:23

Still building houses & still making profits, if you build less you make less profit,simples really,IMEO Tw are the best ran house builder, the markets don't seem particularly concerned,the only thing holding hb's back are interest rates the current price of houses is irrelevant once rates fall the housing market will pick up again, probably in the spring now, what is for certain though is the number of potential & wannabe home owners is increasing year on year, where will all the houses come from?

[beckers2008] 04/9/2024 13:08

Remember my statement...

BoE base rate at 6%
Absolutely no chance.

Q3 2024 interest rate reduction?
Absolutely every chance.
I was correct yet again!

I expect the UK's next rate cut to come in Q4 2024 followed by four quarterly cuts in 2025 and one cut in 2026 resulting in a 3.5 per cent base rate by the middle of 2026.

Watch and learn trolls, you have lost the argument as I told you over a year ago.

Now when is the UK house price crash going to happen, lol, just lol!

[sikhthetech] 04/9/2024 12:27

There you go, as expected.


HBs continue to suffer, affordability.

Cash declining.

The company said the past year had proved tough for the housebuilding industry and potential buyers, as cost of living pressures, much higher mortgage rates and weak consumer confidence weighed on the housing market.

Bdev profits down 75%