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Pin to quick picksTaylor Wimpey Share News (TW.)

Share Price Information for Taylor Wimpey (TW.)

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Share Price: 135.00
Bid: 130.90
Ask: 142.00
Change: 0.00 (0.00%)
Spread: 11.10 (8.48%)
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Prev. Close: 135.00
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Housebuilders face competition probe over leases

Fri, 17th May 2019 08:18

(Sharecast News) - The competition regulator will investigate housebuilders over the alleged mis-selling of thousands of leasehold properties after pressure from ministers.The Competition and Markets Authority said it would investigate new-build homes sold on leases with large increases to ground rents and charges for fees permitting home improvements, the Daily Mail reported.As many as 100,000 households are living in homes with "onerous" leases including doubling of ground rents or high fees for minor home improvements. Housebuilders could have the contracts overturned and face legal action if the CMA finds against the companies.James Brokenshire, the communities secretary, has accused developers of "a culture of consumer exploitation" and the House of Commons' housing committee has said the affair could be housebuilders' PPI. Mis-selling of payment protection insurance is the biggest mis-selling scandal for UK banks.Many families are trapped in unsellable homes because of soaring ground rents and charges for permission to change carpets or add a conservatory. Housebuilders such as Taylor Wimpey and Persimmon have said the terms of leases were explained to buyers, the Mail said.Housebuilders registered slight declines in their share prices on Friday. Barratt Developments fell 0.5%, Taylor Wimpey was down 0.2% and Persimmon dropped 0.1% at 0839 BST.
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21 Aug 2023 08:30

UK homebuilder shares tumble after Crest Nicholson cuts annual profit outlook

LONDON, Aug 21 (Reuters) - UK homebuilder shares tumbled on Monday, set for their biggest one-day drop in over six weeks, led by a 14.9% fall in Crest Nicholson shares which plunged after the residential housebuilder cut its full-year profit view.

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16 Aug 2023 12:01

LONDON MARKET MIDDAY: Stocks down; UK inflation cools in July

(Alliance News) - Stock prices in London were lower at midday on Wednesday, as investors digest some mixed inflation figures and the impact they will have on the Bank of England's next move.

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16 Aug 2023 09:29

LONDON BROKER RATINGS: RBC cuts Antofagasta; Shore likes Trainline

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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11 Aug 2023 09:52

LONDON BROKER RATINGS: Deutsche cuts Domino's Pizza; RBC lowers CVS

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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8 Aug 2023 13:06

UK housebuilder Bellway to cut jobs amid market slowdown

LONDON, Aug 8 (Reuters) - British housebuilder Bellway on Tuesday said it would cut a limited number of jobs as part of structural changes that include the possible closure of two divisions, citing a slowdown in house building and sales.

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7 Aug 2023 09:03

LONDON MARKET OPEN: LSL slips on profit warning; PageGroup profit down

(Alliance News) - Stock prices in London opened lower on Monday, in a tepid start to the week, as markets wait for further catalysts.

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3 Aug 2023 16:54

LONDON MARKET CLOSE: FTSE 100 declines but pound perks up after BoE

(Alliance News) - Equities in Europe closed lower on Thursday, with markets still unsteady after a US credit rating cut on Wednesday, though London-listed property firms got a slight boost, on the view that the end of the Bank of England's hiking cycle is in sight.

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2 Aug 2023 17:04

UK's FTSE 100 at two-week low as surprise US credit rating cut sours mood

Fitch downgrades U.S. credit rating to AA+

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2 Aug 2023 12:07

LONDON MARKET MIDDAY: European stocks rattled after US debt rating cut

(Alliance News) - Stock prices across the globe were lower at midday Wednesday, after Fitch rocked markets by downgrading the US credit rating.

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2 Aug 2023 10:40

Taylor Wimpey expects full-year profits to halve amid housing gloom

Sees full-year operating profit at 440-470 mln stg range

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2 Aug 2023 08:11

TOP NEWS: Taylor Wimpey reports half year revenue and profit decline

(Alliance News) - Taylor Wimpey PLC on Wednesday reported a fall in its interim profit and revenue, blaming "variable market conditions" for damaging the housing market.

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2 Aug 2023 07:50

LONDON BRIEFING: Taylor Wimpey profit falls; BAE Systems revenue up

(Alliance News) - Stocks in London are called to open lower on Wednesday, after Fitch's US rating downgrade caused Asian markets to fall sharply.

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2 Aug 2023 07:24

Taylor Wimpey posts drop in 1H revenues and profit after 'substantial' rise in mortgage rates

(Sharecast News) - Taylor Wimpey posted a sharp drop in first half revenues and profit amid a backdrop of "substantially" higher mortgage rates.

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1 Aug 2023 08:55

LONDON MARKET OPEN: Fresnillo falls on profit hit; UK house prices fall

(Alliance News) - Stock prices in London opened mixed on Tuesday, as investors look ahead to a slew of PMI data.

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31 Jul 2023 12:06

Pod Point first half loss widens on goodwill impairment loss

(Alliance News) - Pod Point Group Holdings PLC on Monday said revenue was down in the first half as its loss widened due to skyrocketing administrative expenses.

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