End of Help to Buy could spell disaster for Persimmon and other housebuilders
More than 190,000 people have used Help to Buy since the programme was launched in 2013, government data revealed on Tuesday
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Taylor Wimpey PLC
LON:TW.
Taylor Wimpey plc is a dedicated homebuilding company with operations in the UK, North America, Spain and Gibraltar.
353 stories · page 8 of 18
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ITV finals take spotlight for ‘hump day’ results
Shareholders in the blue-chip broadcaster may be approaching the results with some trepidation after it expected a softer fourth quarter in a November update
Investments and investor services
FTSE 100 closes higher but only just as sentiment boosted by trade progress
The UK blue-chip index finished around five points ahead at 7,183
Housing building triumvirate, Persimmon, Taylor Wimpey, and Bovis Homes to post 2018 results
Government schemes like help-to-buy and easier mortgage access have meant housebuilders have been able to boost revenues in recent years, but these external conditions are changing
Builders and building materials
Help to Buy underpinning new-build boom, says Berenberg, as it urges investors to plough into housebuilders
The secondary housing market might be flagging of late, but cheap mortgages and the Help to Buy scheme means demand for new builds from first time buyers is soaring
Builders and building materials
Crest Nicholson weak as Redburn downgrades in otherwise positive UK housebuilding review
Redburn’s analysts said: “Popular commentary continues to paint the UK housing market as weak, but we view activity as remarkably resilient considering Brexit uncertainties"
Investments and investor services
FTSE 100 closes higher as attention focuses on House of Commons vote
FTSE 100 closed 40 points higher at 6,895, while the mid-cap FTSE 250 closed around 12 up at 18,429.
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Countryside Properties weak as JPMorgan cuts to ‘underweight’ on valuation grounds in upbeat housebuilders review
The US bank adjusted target prices for a number of other sector players, cutting those for Taylor Wimpey, Crest Nicholson PLC, and Bovis Homes, but raising the target for Redrow
Investments and investor services
FTSE 100 closes lower as Chinese data and Brexit weighs
Footsie closed down over 63 points at 6,855 on the day
Persimmon and Taylor Wimpey flourish after American bank issues 'double-upgrades'
Its stance on the sector as a whole as also become 'less negative'
Investments and investor services
FTSE 100 closes in red but nudges higher on the week; housebuilders gain on day
The UK blue-chip benchmark closed down around 24 points at 6,918, while FTSE 250 added nearly 107 points on the day
Taylor Wimpey update reassures but with a bumper dividend yield forecast, some questions remain
Russ Mould, investment director at AJ Bell said: “In normal circumstances, a yield of 10% or more is usually a reliable indicator that the market doesn’t believe the payout is sustainable”
Taylor Wimpey sees 2019 volumes similar to 2018 levels given current market conditions
The housebuilder said it ended 2018 with an "excellent" total order book valued at £1,782mln as at 31 December 2018, up from £1,628mln a year earlier, excluding joint ventures
Archive
FTSE 100 closes higher as traders optimistic on China/US talks breakthrough
The UK blue-chip benchmark added around 45 points at 6,906, while FTSE 250 surged even higher.
Archive
Slew of retailer trading updates to continue, Sainsbury's takes supermarket focus
The post-Christmas assessment of the high street will carry on unabated on Wednesday, with updates expected from Ted Baker, Topps Tiles and Majestic Wines
Archive
Slew of Christmas updates from retailers to dominate after Next's positive seasonal surprise
The Week Ahead will bring trading updates from the likes of M&S and Debenhams on the general retail front and all three of the listed UK supermarket groups – Morrisons, Sainsbury’s, and Tesco
Investments and investor services
FTSE 100: The good, the BATS and the Ocado in 2018
For Ocado, it was a case of "eat my shorts" as short sellers got burnt while for BATS, not enough cigarettes got burnt as e-cigarettes rose in popularity
Investments and investor services
FTSE 100 closes with modest gains on final pre-Christmas full-trading session as late Santa rally glimpsed
At the close, the UK blue-chip index was 9.24 points higher at 6,721.17 just below the late session peak of 6,733.00 and well above the early low of 6,653.65
Builders and building materials
Analysts can’t make their mind up about housebuilders
UBS and Shore Capital both acknowledge that trading is likely to get tougher for housebuilders but they also reckon that the market has knocked a bit too much off their share prices
Builders and building materials
Peel Hunt thinks Brexit uncertainty will stop house prices from rising in 2019
The City broker has slashed price targets for almost every UK housebuilder, while it has also downgraded a handful of companies in the sector