Taylor Wimpey cuts housing targets in ‘subdued’ market

Taylor Wimpey lowers outlook amid ‘challenging’ autumn

The builder cut its 2026 guidance for completions to around 10,500 and said underlying earnings were now to come in at the bottom end of forecasts.

Taylor Wimpey cuts housing targets in ‘subdued’ market

Shares in Taylor Wimpey slipped on Wednesday after the housebuilder blamed the “subdued” property market for cuts to its housing and profit targets.  The London-listed builder said rising mortgage rates caused by the Iran war are deterring Brits from buying new homes, slowing the usually-busy Autumn homeselling season. Shares in the group fell 4.5 per [...]

Taylor Wimpey cuts completions forecast after ‘subdued’ sales in ...

Housebuilding giant says profit will be at bottom end of expected range

Taylor Wimpey cuts profit forecasts as quiet market hits sales

Taylor Wimpey has lowered its housing and profit forecasts after higher mortgage rates and the cost of living hit new home demand. The housebuilder's shares were down 4.5% on Wednesday to 78p after the group warned that a weaker-than-expected autumn selling season was weighing on…

Market snapshot/Taylor Wimpey trading statement