Taylor Wimpey Share Discussion Threads

[spennysimmo] 02/10/2011 20:34

See you there.

[sir rational] 02/10/2011 20:17

lol

BBQ on the beach day, nice one

[sir rational] 02/10/2011 20:13

I'll take it

[spennysimmo] 02/10/2011 20:05

95p for me.

[smurfy2001] 02/10/2011 19:51

60p for me thanks

[sir rational] 02/10/2011 19:31

Reason I turned down 44p is because I want 50p instead. Soon.

[smurfy2001] 02/10/2011 19:00

Property investors rush into new-builds



Property investors are returning to the London new-build market in droves, tempted by a sharp rise in rents and an expanding buy-to-let loan market.

Sales of new developments to investors have been in decline since 2007, when the buy-to-let boom turned to bust. But Barratt Developments said this week that in London, in particular, the downward trend has reversed.

It revealed that unit sales of new-build properties between January and September have been 179 per cent higher than in the same period last year, as investors seek opportunities for higher returns in a period of prolonged low interest rates.

"Rental returns and the potential for capital gain in the London property market have been convincing motivators for both domestic and international investors to add new-build homes to their portfolios," says Gary Patrick, regional sales director, Barratt London.

He reports that the most popular London new-build sites with investors are in Dalston, Pontoon Docks in Docklands, Deptford, Lewisham and Putney Square.

"Docklands is one of the hottest areas for buy-to-lets," confirms Tony Gambrill, area director at estate agent Chesterton Humberts. "The yields have increased due to the strong increase in rents and the lenders have become a little less stringent in lending criteria – which has made for a healthier environment for the buy-to-let investor. While international investors remain the bedrock for central London sales, UK investors are the mainstay in the Docklands."

Property analysts say the buy-to-let sector as a whole is experiencing a revival, as investors are attracted by rising rental demand, which has seen average UK rental income rise for seven consecutive months – reaching a new high of £713 per month in August.

Investment activity is also being fuelled by a wider choice of loans for buy-to-let investors.

Research from the National Landlords Association (NLA) found that the number of buy-to-let mortgages provided during the second quarter of 2011 grew by 25 per cent, compared with the first three months of the year. Average loan sizes also increased by £2,166, to £138,525, representing a growth of 6.4 per cent since January.

"Wider choice and better products for landlords mean that the overall buy-to-let market is improving," says Paul Rockett, managing director of NLA Mortgages. "Although demand for finance still outstrips supply, the level of buy-to-let lending is gradually increasing – giving property investors a reason to be optimistic."

This week, State Bank of India became the latest provider to enter the UK buy-to-let mortgage market. The lender, which is owned by the Indian government and authorised by the Financial Services Authority in the UK, is set to offer a lifetime tracker deal at 3.99 percentage points above the Bank of England base. It will be available to borrowers with a deposit of 40 per cent or more, and carry a £1,990 arrangement fee. It will compete with the current market leading rate of 3.48 per cent from Woolwich with a £1,999.

Chesterton Humberts says that demand from international students is helping to drive competition for new-build buy-to-let properties in the areas immediately surrounding some of the London's top universities. Its report, published this weekend, Home away from Home, the impact of foreign students on London's residential property market, reveals that these areas have significantly outperformed other areas over the past decade.

"Property prices in the areas immediately surrounding these institutions have, on average increased 1.6 times more than properties in the wider borough over the past ten years," says Nick Barnes, head of research at Chesterton Humberts. "Rental accommodation in the same areas command an average premium of 27 per cent over the borough average."

[shaws37] 01/10/2011 23:11

David Cameron plans land release to boost growth

Prime minister to unveil 'pay later' housing blueprint for vacant government sites

[sir rational] 30/9/2011 16:15

looks about right - which ain't too bad at all

[imastu pidgitaswell] 30/9/2011 15:58

Not going to deviate from 35p, is it?

[imastu pidgitaswell] 30/9/2011 15:23

Prety strong considering - maintaining a very good FTSE outperformance lately:








Makes a pleasant change.

[sir rational] 29/9/2011 21:54

I'm not selling for 40p lol

[sequoia] 29/9/2011 21:51

Well I suppose 40p would be a good upside from here.
seq.

[sir rational] 29/9/2011 13:43

US jobless to the rescue

[sir rational] 29/9/2011 09:24

Mike Hussey, Director, acquires shares

In accordance with the requirements of D.T.R. 3.1.2, Taylor Wimpey plc (the "Company") was notified on 28 September 2011 that the following purchase of its 1p Ordinary Shares had today taken place:


Number of
Shares held
Number of following
Shares acquired the purchase
(percentage (percentage
of Issued of Issued
Director/PDMR Position Share Capital) Share Capital)
Mike Hussey Director 75,000 (0.002%) 75,000 (0.002%)

The acquisition was made in London at a price of 35.5 pence per share.

Mike Hussey was appointed as a Non Executive Director of Taylor Wimpey plc on 1 July 2011.

[sir rational] 28/9/2011 13:16

Interesting.

My breakeven is about 37p as well so we're getting close...

[aphrodites] 28/9/2011 11:50

Sir R

It has been very difficult to fit any technical analysis into the wild swings we have been having in the markets over the last 3 months.

What looks like a wave formation one day is totally reversed the next by the large black-box programmed trades in the market. And these trades revolve around stocks like TW which have the high liquidity I always look for in my own trading book.

As you may have read I transferred my TW trading position into my investment book at around the 34p price which was about 3p off-side from my original purchase price. I always back any technical analysis trade by looking at the fundamentals as well. I was happy that the latter supported a price in the 40p to 45p area and I was prepared to sit back and wait for the markets to settle, as I believe they will shortly.

The chart does indeed point to us being in Wave 3 which could take us back to around the 38p level, especially as we have broken through 35p.

As you will have seen previously, there was quite a lot of share price action both upwards and downwards around the 35p to 37p levels. I think it will be very hard to break through 40p and I will be out before it tests that level.

[imastu pidgitaswell] 27/9/2011 16:23

Trying really hard to close it below 35p...

[sir rational] 27/9/2011 14:53

Affro - you out there in the ether? Isn't that wave 3 underway?

[the crypt] 27/9/2011 14:02

may you eat a cheese and egg poo

[the crypt] 27/9/2011 10:54

lol - may your feet smell like a wotsit cheeta!