Share Name Share Symbol Market Type Share ISIN Share Description
Telford Homes Plc LSE:TEF London Ordinary Share GB0031022154 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50p -0.14% 350.50p 350.50p 351.00p 351.00p 350.50p 351.00p 355,476 16:35:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 354.3 40.1 44.6 7.9 267

Telford Homes Share Discussion Threads

Showing 2701 to 2725 of 2900 messages
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DateSubjectAuthorDiscuss
10/8/2018
11:08
hillofwad: Thank-you for links. At a glance the liberty page is a summary page updated to have one sold, I would assume all others sold. If they were still being built, an astute advertiser would be showing them as say "available from ?/?/? date for occupation, available now to buy from plan". BTR. For new builds, (as in self-built private folks) I understand you pay stamp duty based on the land cost. I don't know how this works for the corporate builds, whether stamp duty carries a high unit cost, as you have say 20 homes/floors on each ground plot, so maybe in that example you only pay 1/20 of the ground cost stamp duty per home.. though no doubt there are different stamp duty rules in this scenario, so don't know if any increase would be adverse or material for TEF. V11SLR in earlier post offered this link to answer that: hTTps://www.boodlehatfield.com/the-firm/articles/stamp-duty-land-tax-a-thorn-in-the-side-of-build-to-rent/ ..so whether gov want to change corporate rules will be a slightly different decision as it would be counter-productive to objective of increased supply. Dave p.s. Middle name Russell..not a Dr..couldn't see my name in link but great song - and relevance is not a changin'. ;-)
dr_smith
10/8/2018
10:05
Nocton I have been watching TEF like a hawk since 2011!!Investigating their individual developments and following sales Any question please ask and will try my best from the research I've undertaken to provide some sort of an answer . They enter a challenging time but we are lucky to have a first class set of BODS and senior managers , a loyal band of sub-contractors . They have forged partnerships with the creme de la creme.The fact Savills are seeking them an institutional partner speaks volumes. Expect the best!
hillofwad
10/8/2018
09:22
Thanks, for the background, hillofwad. I've only been a shareholder since 2016 so I was not aware of the earlier sort of sales.
nocton
10/8/2018
09:17
Thanks HOW, appreciate the response
tudes100
10/8/2018
09:06
Nocton No that's not the case during 2012 -2016 the majority of their buyers were individual domestic and foreign investors .Read back though their Annual Reports where they have analysed their buyer profiles .They were cheap as they bought off plan 2 years + in advance of completion Those who bought Stratford Plaza for example doubled their money and 50% gains on the early sales at Sratopshere Many were bought by speculators. It;s only recently that this has all changed as the Help 2 Buyer has picked up the slack of the departing individual investor . Now they are targeting the institutional BTR buyer.Good news to arrive shortly TEF adapt very quickly to changing market conditions
hillofwad
10/8/2018
08:56
Tudes - Unfortunately they have not released the others on their website yet no doubt will appear when they make some inroads into those shown as available . You will also note that they have bannered 66% sold which means 33/34% left.There are a total of 105 private homes The good news about this development despite the current lack of sales .it was a site (former office building)bought relatively cheaply unconditionally sometime ago and it has enjoyed plenty of HPI since They can afford to chip the prices and will still be way above original target
hillofwad
10/8/2018
08:53
"TEF have relied heavily on the individual BTR investor" How do you know that they are BTR investors? TEF info has always implied to me that they have been selling mostly to ordinary house buyers. Surely most BTR investors go for cheaper houses/flats?
nocton
10/8/2018
08:27
where did you get the info about the 1 sale HOW ? According to the PR they released 35 new 'homes' at the end of June. I can only see 13 available ?
tudes100
10/8/2018
06:49
Http://www.propertyindustryeye.com/landlords-barometer-61-buy-to-let-becomes-cry-to-let/ Not The Dr. Smith mentioned here then? Https://www.youtube.com/watch?v=e7qQ6_RV4VQ TEF have relied heavily on the individual BTR investor walking into a hotel room in Canary Wharf , a quick shuftie at some plans and hand over a reservation deposit 2 years in advance of completion .That will do nicely. JLL .the agents must look back fondly at those days . The fundamental change clearly evident at the Liberty Building launched over 2 years ago pre-Brexit where 66% were cleared off the boards at the initial launch Since the recent launch having absorbed 2 years of pent up demand to tap into has produced 1 solitary sale hxxp://www.telfordhomes.london/microsites/liberty-building/availability.cfm
hillofwad
09/8/2018
18:49
The operative word is 'could'. It's just speculation from those who have a vested interest in seeing higher prices. What is not mentioned is that for every seller there is a buyer and fewer buy-to-let buyers means more first time house buyers = fewer renters.
nocton
09/8/2018
11:03
michael gove without hair??!!
shaker44
09/8/2018
10:41
Thank-you for your nomination speedsgh. Well.. I would probably accept that role, except: 1) Now retired 2) I am bald, ergo have no hair to pull out when dealing with the reluctant. 3) I used to be a camera man (video producer) and know that rather than be in front doing Boris quotes, I am best behind the camera. Being technical and non-handsome I know my place. ;-)
dr_smith
09/8/2018
09:44
@DR_SMITH - Well said. Regrettably common sense or doing what's best for the greater good are not commodities that appear to come naturally to politicians. Far too many party/personal interests to lure them off the path. I'm happy to back your nomination as the next Housing Minister ;o)
speedsgh
09/8/2018
09:09
I found this interesting. "Supply shortage could push rents up 15% says RICS" hTTps://www.bbc.co.uk/news/business-45113867 "John Healey said: "It's staggering that Conservative ministers still have no answer to the increasing pressures private renters face. "Labour in government will fix this broken market with bold new rights for renters including an end to no fault evictions and controls on rents." That action would make being a landlord (corporate or otherwise) less attractive and further diminish the supply of rented property. Both governments seem to miss the stark fact that a shortage of supply (be it o/o or rented) for an expanding population needs more to be built. Offering tax breaks and incentives for those that are built does not influence the volume of supply. IMO :-)
dr_smith
02/8/2018
17:35
Thanks Hillofwad for the reply
clarea
31/7/2018
11:04
Hillofwad. Thank-you. I like your Battleship analogy... ...and these days they are built to navigate shallower waters, so seemingly quite apt.
dr_smith
31/7/2018
10:04
............... and a relatively big purchase of shares at 412.5p a few minutes ago. ;o)
jurgenklopp
31/7/2018
06:35
Certainly the BTR market are going to have ample opportunity to pick up the slack created by the vanishing individual private investor Http://www.propertyindustryeye.com/transactions-hit-a-four-year-low-as-help-to-buy-owners-are-warned-their-homes-could-fall-into-negative-equity/
hillofwad
31/7/2018
05:55
DR SMITH The institutions have been given every encouragement to enter the BTR market to fill the gap left behind by the departing private investor. Seen as responsible landlords. They are a bit like battleships slow to get out of the harbour but once doing so set sail full steam with big chunks of money allocated . Also will be slow to turn around too if they find out the expected returns on capital fail to materialise if experiencing rental voids That has yet to be established as it's early days Student accomodation for grown ups ! The good news for TEF is that they only want to partner with the very best and TEF certainly tick all those boxes.Happily pay the little extra margin for reducing the risks. The very fact that Savills have been appointed to sort the wheat out from the chaff underpins this. Suspect that TEF will secure a £1bn fighting fund
hillofwad
30/7/2018
20:55
DEBT . Well they are gung ho on site on a number of developments .As a general rule of thumb with a mixed blend of apartments work on construction costs of £160k per apartment and it soon adds up. Throw in a couple of £34m sites like Equipment Works and it has soon gone. However about £70m is coming back in through the door from completions at Stratford Central currently taking place from now util October .Hopefully there is a piece of string attaching to the £34m on Equipment Works which will haul it back in when they hopefully do the deal with a BTR face. It's an expensive game and fair play to Katie the FD she juggles all the balls very well!
hillofwad
30/7/2018
20:16
Hi just noticed net debt has shot up past 100 mil what was the reasoning behind this ? Thanks
clarea
18/7/2018
10:56
Thank-you V11SLR. It both informs and fogs ;-) These things are always complex. TEF having partners building to rent implies there is a worthwhile return, and renting is on the increase, but with higher taxes & SDLT for landlords(maybe) and I believe a possible cap or new rules on landlords increasing rent, I don't know where the buy to rent market lies...despite reading most media. Is it a good earner for these corporeate landlords or merely a slow and steady, low risk, low return, long term home for funds to balance higher risk/rewards in other sectors?
dr_smith
18/7/2018
10:02
DR_SMITH - this is worth reading. Https://www.boodlehatfield.com/the-firm/articles/stamp-duty-land-tax-a-thorn-in-the-side-of-build-to-rent/ A few weeks ago the way companies like Greystar minimise SDLT was explained to me, lots to do with the timing of valuations I think, can't remember the details now.
v11slr
18/7/2018
09:49
hTTps://www.theguardian.com/business/2018/jul/12/first-time-buyers-on-the-rise-as-buy-to-let-mortgage-market-falls Extract: “Meanwhile, purchases in the buy-to-let market continue to be constrained by recent regulatory and tax changes, the full impact of which have yet to be fully felt.” "The figures suggest changes to stamp duty introduced by the government in April 2016 are cooling on the buy-to-let market. Anyone buying a second home for any reason now has to pay a higher rate of stamp duty than someone buying a property that will be their main home." Given that there is a current increase to tenanted homes, rather than o/o, I was surprised BTL is down. Yes higher tax, so where do these extra "lt/rented" homes come from. TEF are proving some via their big partners, so I wonder: 1) Does a company with a large property to rent portfolio do better than the likes of 2nd home renters tax/overhead wise. Do the corporate accounts allow for a higher return? 2) If say an insurance company pays for land and for TEF to build, do they still pay stamp duty? It will be paid for on land acquisiton, presumably only a fraction of the signed off asset, so maybe this is a sizeable cost saving and a prime motivator to get likes of TEF to build for them.
dr_smith
12/7/2018
19:20
surprised at the number of votes against the remuneration package
cerrito
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