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Yet Taylor Wimpey’s share price is up, despite a fall in pre-tax profits
Investors with the stomach to ride out further short-term pain can find cheaper real estate elsewhere in the sector
UK housebuilder’s pre-tax profits down almost 30% at half year while affordability issues prompt customers to spread debt
The first months of the year are typically estate agents and housebuilders’ busiest time for sales
Developers cut back on buying land in effort to ride out weaker market
UK housebuilder now selling homes at around half the pace of first half of the year
Taylor Wimpey shareholders should welcome the pressure to do better
Royal London and LV in talks and how Credit Suisse securitised yacht loans of the wealthy
Operations director Jennie Daly will take over from Pete Redfern in April
UK housebuilder agrees to remove doubling ground rent terms from property contracts
Activist hedge fund says board lacks homebuilding experience and urges ‘meaningful change’ to rebuild confidence
Pushing through some cost-cutting should mean housebuilder can build up profitability at the same time
Pete Redfern leaves UK housebuilder after activist investor Elliott buys stake
Credit Suisse to face ‘tuna bonds’ trial and StanChart fails to convince investors
Record number of homes built in first half thanks to low interest rates and high domestic savings
UK housebuilder confident growth will stay strong even if government support for buyers ends
UK regulator demands removal of ‘unfair’ contract terms for leaseholders
UK housebuilder’s fund will cover any block built in the past 20 years
The UK housebuilder sits at the opposite end of the investment spectrum to airlines or travel agencies
UK housebuilder strikes positive note as customer demand for properties proves ‘resilient’
Watchdog names Persimmon, Barratt, Countryside and Taylor Wimpey in potential mis-selling probe
UK housebuilder notes ‘resilient’ demand even as pandemic pushes it to first-half loss
Market faces obvious strains, but analysts are almost uniformly bullish
Government must find better ways to keep rail system rolling; Taylor Wimpey raises cash for land bank
Housebuilder says pandemic has pushed down prices and created opportunities
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