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Pin to quick picksTaylor Wimpey Share News (TW.)

Share Price Information for Taylor Wimpey (TW.)

London Stock Exchange
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Share Price: 149.65
Bid: 149.65
Ask: 149.75
Change: -2.50 (-1.64%)
Spread: 0.10 (0.067%)
Open: 152.50
High: 153.40
Low: 149.55
Prev. Close: 152.15
TW. Live PriceLast checked at -

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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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13 Feb 2023 17:01

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13 Feb 2023 12:14

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13 Feb 2023 11:39

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13 Feb 2023 08:58

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(Alliance News) - Stock prices in London opened largely higher on Monday, as investors in large companies looked past figures last week showing the UK economy going nowhere.

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8 Feb 2023 12:14

LONDON MARKET MIDDAY: Powell offers tonic after US jobs spooked stocks

(Alliance News) - London's FTSE 100 traded not far off its best-ever level at midday on Wednesday, with equities supported by a more bullish forecast for the UK economy and Federal Reserve Chair Jerome Powell taking a softer tone than feared in a speech on Tuesday.

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8 Feb 2023 09:58

UK's Barratt cuts dividend as housing slowdown bites

Forward sales plunges more than 35% as at Jan. 29

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6 Feb 2023 10:46

Liberum downgrades Taylor Wimpey on valuation grounds

(Sharecast News) - Liberum downgraded Taylor Wimpey on Monday as it took a look at the UK housebuilding sector.

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3 Feb 2023 12:15

LONDON MARKET MIDDAY: FTSE outperforms with minor gain before US jobs

(Alliance News) - London's FTSE 100 was slightly higher at midday in London on Friday, as the dust settles on a slew of central bank decisions, ahead of an eagerly anticipated US nonfarm payrolls reading.

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30 Jan 2023 17:00

LONDON MARKET CLOSE: Stocks broadly lower with eyes on central banks

(Alliance News) - Stocks in London closed largely lower on Monday as investors looked nervously ahead to looming interest rate decisions from a number of central banks.

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30 Jan 2023 11:00

UK tells housing firms: Pay to fix unsafe buildings or face development ban

LONDON, Jan 30 (Reuters) - Housing companies will be blocked from new development work unless they agree to pay for cladding removal and other repairs on unsafe multi-storey buildings - a bill totalling 2 billion pounds ($2.5 billion) - the British government said on Monday.

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23 Jan 2023 09:41

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23 Jan 2023 09:09

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(Alliance News) - Stock prices in London opened higher on Monday, as investors were hopeful that cooling US inflation and weakening economic data will slow the pace of interest rate hikes by the Federal Reserve.

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16 Jan 2023 16:51

LONDON MARKET CLOSE: FTSE 100 extends win streak with record in sight

(Alliance News) - London's FTSE 100 edged closer to a record high on Monday, with housebuilders and retailers among the star performers at the start of the week.

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