Taylor Wimpey Share Discussion Threads

[disneydonald] 23/7/2019 23:39

Well, guys and galls, any views on how Boris's annointment might affect the builders ...

[gbh2] 17/7/2019 08:50

Just a forecast I read some time ago, time will tell as to actual detail.

[disneydonald] 17/7/2019 08:31

Interim Dividend should be same as last final, as BoD decided on last dividend policy update. Should be 3.8, all things being equal. From 2019 it is ~ 7.5% of net assets, with minimum of £250M.

[gbh2] 16/7/2019 19:56

Anticipated dividend 2.43p, ex divi around 3rd Oct with pay day approx 8th Nov.

[gbh2] 16/7/2019 15:09

It's the Results on the 31st.

[pally12] 16/7/2019 15:08

Update on 31????

[craftyale] 16/7/2019 12:54

Divi auto reinvested :)

[disneydonald] 16/7/2019 11:26

Unfortunately, we live in a world were "terms and conditions" are all pervausive and are no longer considered important. It's really hard to avoid just accepting T & C's by ticking a box, as any online activity requires accepting T & C's; cookies, GDPR, web sites, online transactions etc. The younger members of society are becoming conditioned to disregard these as something that is not relevant. However, that why they pay a Solicitor to look after their interests, and point out any onerous or significant issues. Ignorance is not considered a defence in law.

[baracuda2] 16/7/2019 11:05

I knew about leasehold and freehold in the early eighties, I was in my early twenties, no google, no internet and it was my first house purchase so no excuses!

[dr_smith] 16/7/2019 10:36

>I think they are in danger of forming a contract with no value that could be set aside by a court.

My rusty brain recalls "Unfair Contract Terms Act 1977" where similar applies to consumers, haven't a clue if it can be applied to property, but same legal tenet, so you are probably right Mark.

[marksp2011] 16/7/2019 09:59

DR

Read before you sign is my suggestion. "What is leasehold?" on Google makes it pretty clear.

I don't have a lot of sympathy for those who claim they didn't know or they didn't understand.

The obverse of that is that I have even less time for organisations that create onerous leases with nasty clauses on page 208. That is a studied attempt to entrap a buyer into a bad deal.

I think they are in danger of forming a contract with no value that could be set aside by a court.

[dr_smith] 16/7/2019 09:34

Sikhthetech.
I wasn't aware HTB was L/H only.
I see the link says it is available from Housing Associations and the usual interpretation is that they are not for profit organisations.

Upon first read of your post I thought you were saying folks are forced to take L?H as part of HTB scheme, but believe you are probably saying:
1. HTB, with use of L/H in itself is OK.
2. People see gov assisted selling with L/H and assume it must be OK, not realising the stark difference between a not for profit Freeholder and a Shyster who would screw their own Mum for a buck - and have rent escalation clauses inserted to faciliate same.

Yes, Jugears, I hear you, WTF are the purchasers solicitors doing when "advising" client, and WTF have we seen no clients sue Sol's for their acceptance of onerous, unreasonable clauses.

[sikhthetech] 15/7/2019 19:02

The govn are promoting Help2Buy...and therefore leasehold..

How many would question a govn scheme???.



Maybe the government should be compensating the 'shared ownership scheme' buyers..

"With Help to Buy: Shared Ownership you can buy a newly built home....Shared Ownership properties are always leasehold."

[dr_smith] 15/7/2019 17:54

Jugears. I know you are right.
I have a background where I am more aware than most of legalities, but am thick on medical matters, so have empathy for weak spots in folks outlook and believe, just because some folks are thick, it doesn't give right to third parties to exploit them, especially household names.

[jugears] 15/7/2019 17:30

DR-Smith
Its a shame that there are people so stupid ,they should have gone to school instead of playing truant!, perhaps they would have had learn't what leasehold is, My simple understanding is that if you have a house on a bit of land you don't own then basically you own F--K All Its not rocket science is it, I bet these are the same people that have there flashy cars on lease but I bet they no the difference there between lease & purchasing?

[dr_smith] 15/7/2019 15:45

Cheers DD. Yes, interestingly stats show other than the to be expected.
It doesn't differentiate between property that could/should be freehold and where multiple homes occupy same ground space (flats, apartments), but the Dec 2017 gov paper says it all:
“developers were maximising their returns by developing a business model which allowed connected companies, owned by developers, to generate further income streams.”

Thats diplomatic gov speak for "developers taking the p*ss for neferaious gain".

As a s/h, home-owner and someone who likes to treat others with repsect I am pleased to see builders have seemingly taken heed.

My best guess why Mnachester is/was a hot spot is that's a deprived area with high population to land ratio, and when you are deprived, you are more likely to be taken advantage of by the nefarious minded.

Dave

[disneydonald] 15/7/2019 14:52

If anyone interested in factually based stats re "leasehold",



For some reason fallen off a cliff ... Interesting that North West England seems to be, and still is the hot spot for people buying leasehold properties.

[disneydonald] 15/7/2019 00:05

Be interesting to see if tomorrow evenings Channel Four "exposé", mainly PSN related, will but a damper on the building sector. If not, then maybe the sector is ready to move forwards regardless.

[growthpotential] 14/7/2019 22:40

interested in IGG too, what's the investment case for this broker?

[gbh2] 14/7/2019 13:33

Everything I've recently released/received has gone into IGG.

[growthpotential] 13/7/2019 21:45

MSFT, BLK my top picks

[marksp2011] 13/7/2019 16:30

Last time i looked 9/10 in the FTSE100 top 10 were US $ based. I dont think you can really avoid the global base currency :)

GSK - about to do a major divi cut. The want the $$$ for research. The have flagged this. It isn't a shock. The split/spin of the healthcare business will take the divis with it.
AZN - Not for me. Massive dividend that is way too big. Interesting accounting - try reading Terry Smith on that one
DGE - love it but FGT and Lindsell Train Global are already packed with it
MNDI - DS Smith and MACF already held
RDSB - this will prove a binary bet. Or a binary bet x 2. price of hydrocarbons and, ability to replace reserves of those. If I was buying an oiler Chevron/Total/XOM would be higher up my list.

I would be inclined to be looking for income outside UK.

[turvart] 13/7/2019 15:21

And that last comment wasn’t having a go at anybody on here, it’s a well known fact that the elite take money from naive mug punters lol!

It’s a well known fact that mug punters sell ETF’s and CFD’s at a lose.

If that wasn’t a fact then Peter Cruddas would not be a billionaire and that bloke has done very well for himself with CMC markets.

[turvart] 13/7/2019 14:58

TW. Are doing everything right from an accounting point of view, they are far from Lloy that have share buy backs and then additional listings. TW. Actually has one of the best accountants you will ever see, they offer over a 4% yield of which is not bad and then the accountant uses his/her head and then pays a special dividend on what’s left in the pot. If it’s not in the pot the special dividend will be lower it’s not rocket science, so even with a profit warning your basically guaranteed over a 4% yield and that’s without the special divi paid, this stock TW. Is actually a no brainier to get into and this is not a ramp it’s a full blown fact if you understand fundamentals of which most people don’t if you did then you will realise this stock is seriously undervalued, saying that I could bet that people will keep buying US stocks and funds because they are total morons.