Taylor Wimpey Share Discussion Threads

[sir rational] 21/3/2011 08:11

Deutsche Bank see 53p

[sir rational] 20/3/2011 08:45

Housing

The Chancellor believes that relaxing planning controls can help solve the country's housing problem at no cost to the Treasury by boosting the supply of properties. While he will not say it, the Treasury believes low interest rates have saved the housing market from serious collapse and a much higher level of repossessions. That would have increased the benefits bill and exacerbated losses at Britain's mortgage lenders, making the financial crisis much worse.

The 20 per cent fall in house prices since the 2007 peak is much less than many economists predicted, but after a bounce last year prices are falling again. Officials accept that interest rates will soon rise and unemployment worsen, so fear a further fall in property values could trigger more problems for owners and lenders and undermine consumer confidence.

Mr Osborne is thus keen to provide support, especially for first-time buyers. He will increase stamp duty from 4 to 5 per cent on purchases over £1m (announced last year), but may use the funds to help lower-price buyers, possibly via shared-equity schemes. But he would prefer mortgage lenders to take the initiative in lending more.


Building

Builders will welcome the planning proposals that cut their costs even if they do not immediately boost sales. The chairman of the Home Builders Federation, Stewart Baseley, says: "Housebuilding can be a crucial driver in creating jobs and investment. We need to see action taken to increase mortgage lending to first-time buyers, more public land being made available and a reduction in regulation."

The Treasury hopes higher interest rates will stimulate saving without further fiscal incentives, but a tax-break for new buyers putting away money to use as deposits on homes has been considered. Banks and building societies could provide special ISA accounts for future buyers.

[sir rational] 19/3/2011 07:58

London-based Taylor Wimpey, 0.2p dearer at 39.97p, is one of Deutsche Bank's top picks in the housebuilding sector.
It believes it is one of the better value and more leveraged plays. Despite 15pc out-performance over three months, the housebuilders continue to look undervalued. The broker sees 25pc upside from current levels even without a housing market recovery.


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[sir rational] 18/3/2011 15:40

Not a down leg man then?

[wolterix] 18/3/2011 15:04

want these boobs!

[fewdollarsmore] 18/3/2011 13:52

I knwo what you mean!

[sir rational] 18/3/2011 13:31

Wasn't so happy @ 25p gotta be said ;-)

[fewdollarsmore] 18/3/2011 13:14

Sir - I love your optimism tell me what on earth do you take! I will order some today...

[sir rational] 18/3/2011 12:56

Could be a writeback of landbank values?

[sir rational] 18/3/2011 12:48

Planning

PLANNING laws may be ripped up in an effort to kick-start a housebuilding programme.

Councils would find it much more difficult to oppose planning applications, which could allow developers to transform empty offices into homes and free-up greenfield land. It is hoped that a construction boom would stimulate growth, create-jobs, and address the chronic shortage of housing in Britain.

Experts reckon 230,000 homes need to be built every year to keep up with demand – more than double the 100,000 built last year.

[sir rational] 18/3/2011 12:43

Outside the benchmark index, shares in home builder Berkeley Group Holdings PLC /quotes/comstock/23s!e:bkg (UK:BKG 1,042, +38.00, +3.78%) rose 3% after the company reported a 25% rise in reservations and said it sees earnings for the year at the top end of market expectations.

Other home builders were also higher, with Taylor Wimpey PLC /quotes/comstock/23s!e:tw. (UK:TW. 39.97, +0.30, +0.76%) up 1.6% and Barratt Developments PLC /quotes/comstock/23s!a:bdev (UK:BDEV 103.80, +0.40, +0.39%) rising 1.7%.

[sir rational] 18/3/2011 12:27

My theory is good rise until budget = 44p then another penny with the measures to encourage the housing mkt.

Then consolidation mid 40s until...

...TM news = 50p+

[spennysimmo] 18/3/2011 10:49

That was a bit mad.

[iloveit] 18/3/2011 10:04

COOLABI EPIC coo ,take a look ready to ROAR ON!!!!!!!!

[smurfy2001] 18/3/2011 10:03

mucker....

[kfp] 18/3/2011 09:18

Where is SR today ?

[imastu pidgitaswell] 18/3/2011 08:52

Options expiry today, not usually much to do with TW, but can't help thinking that have been some shenanigans over the last week or so.

Over 40p for now...

[sir rational] 17/3/2011 18:26

Taylor Wimpey Plc (TW/) led gains among U.K. homebuilders as SIG Plc (SHI), Europe's biggest supplier of insulation, said trading for the first two months of the year was well ahead of the comparable period last year.

The U.K.'s second-largest homebuilder by volume climbed 5 percent to 39.67 pence and Persimmon Plc (PSN), the third-biggest, rallied 5.4 percent to 447.2 pence. SIG shares surged 7.8 percent to 130.5 pence, the biggest gain in two months.

[sir rational] 17/3/2011 16:35

UT 39.67 not bad

[fewdollarsmore] 17/3/2011 15:12

Spenny - shhhhh lets just keep knocking it and we may be pleasantly suprised!