Overview
- Taylor Wimpey said its weekly private sales per site fell 11% year on year to 0.63 between 30 June and 9 November.
- The forward order book stood at 7,253 homes valued at £2.1bn, down from 7,771 homes and £2.2bn a year earlier.
- The company linked softer trading to pre-Budget uncertainty and ongoing affordability pressures for buyers.
- Shares fell about 3.5% to roughly 102p after the update, with declines also seen across peers including Berkeley, Rightmove and Barratt Redrow.
- Guidance was maintained for 10,400–10,800 completions and about £424m in operating profit, with pricing broadly flat and build costs rising at a low single-digit rate as analysts flagged Budget-related tax speculation as a potential swing factor.