Member Info for giantsquid

Quite insane that the UK population is slightly more than that of Canada and Australia COMBINED. Canada is 40x our size, Australia is 31x our size. Our population is unsustainable and is spiralling out of control. In the meantime, we have a massive shortage of affordable housing. The one sector you'd expect to be absolutely booming right now is the housing sector. It's inevitable that at some point soon the sector will be back with a vengeance, it's really only a matter of time.

With a massive shortage of affordable housing, the government's huge £44bn investment into the sector over the next 10 years & Vistry's unique business model will surely make this the hot stock to own going forwards? With interest rates predicted to be cut on Thursday and momentum now beginning to build in the housebuilding sector, are we on the cusp of a major bull run for the housebuilders? Vistry in particular?

Https://thenegotiator.co.uk/columns/kate-faulkner/analysis-property-market-potential-locked-by-inflation/

There were fears lenders would have to pay out £millions in compensation - fears it would affect the wider economy and even mortgage lending. Thankfully the SC has ruled in favour of the banks and the insurers, so good chance of seeing a bounce on monday morning

https://www.rochvalleyradio.com/news/uk/supreme-court-rules-in-lenders-favour-in-car-finance-case-in-blow-to-motorists/

Supreme court rules in lender's favour - big bounce potentially coming on Monday then as this particular drama appears to be over and the lenders have walked away unscathed

https://www.rochvalleyradio.com/news/uk/supreme-court-rules-in-lenders-favour-in-car-finance-case-in-blow-to-motorists/

"Good news for everyone due compensation though"

Yeah but at what cost? Where's all that money coming from to pay people compensation? Ultimately costs will be passed on to the consumer - the damage this ruling could cause may well far exceed the benefits

Over on the Lloyd's bb they've been talking about the likelihood of something of a sell off towards close as the SC ruling is 4:35pm which I believe has been timed to avoid causing a potential calamity on the markets - which they haven't really avoided it just means some will opt to sell out before close not wanting to take that risk. So today could be choppy right across the FTSE particularly for the lenders and obviously insurers. At least we'll know where we are with it today. Next week could be a lot better given the likelihood of an interest rate cut. And I agree Vistry is probably less exposed than the other housebuilders for the reasons you've stated - we've just got to get through this afternoon and Monday morning both of which could be choppy for the FTSE as a whole, depending on the ruling.

Morning Crossley, one simple google search regards Warren Buffett and timing the market :

"Buffett's wisdom on market timing is simple: it doesn't work and it isn't necessary for investment success. Instead of trying to predict market movements, investors should focus on buying strong businesses, holding them for the long term and letting compounding do the work"

D-Day for SC court ruling today on motor insurance, decision expected to be announced at 4:35pm just after markets close - insurers , including of course all the major banks, could be hit hard and forced to pay out £millions, which it's feared could hit mortgage lending too, hence why the housebuilders have been heading lower recently. At least we'll know today. On the plus side, reports say mortgage approvals have seen a big up tick recently so some confidence has been returning to the housing market & we've also seen a big up tick in housebuilding with a step up in the number of completions. Another plus point is the BOE is widely expected to lower interest rates next week - and finally, again another plus point mortgage lenders have already begun offering more attractive fixed rate deals, both 2yr and 5yr and are seeing more people taking them up. So whilst there's something of a dark cloud in the short term (the SC ruling and the unknown effects it may have on mortgage lenders (we'll know today at 4:35pm) - there are also a number of promising signs now showing that something of a recovery appears to be underway for the housebuilding sector.

Yes definitely the housebuilders are dirt cheap right now and with a housing crisis and booming population, it's pretty much certain the sector will recover strongly - at some point. The SC ruling could cause short term pain for lenders but totally agree long term buying at these levels is a no brainer

This is probably why the housebuilders have been falling - it may affect lenders including mortgages

https://www.moneysavingexpert.com/news/2025/07/martin-lewis-supreme-court-car-finance-commission/

If the share price continues on the current trajectory, we could finish somewhere between £14.20 and £14.40. Fed rates decision today although they're widely expected to keep interest rates unchanged so no dramas expected there. Could be a strong afternoon, FTSE moving back up again after this mornings little wobble

Ludicrous drop this morning was to do with HSBC and Rio Tinto earnings dragging the FTSE down (apparently) so nothing whatsoever to do with GSK which is doing a fantastic job going by today's results. It did provide a great buying opportunity though for anyone who was able to take advantage.

What's not to like in those results! Can see this heading back towards £18 before long

In the current climate under this appalling government, the results would have to be pretty spectacular to have any major bearing on the share price. Reform will turn things around, dramatically so, if they win the next general election. But from an Investor point of view, there's another 4 years of this absolute clown show of a government to get through before we get there. And god knows what state the country will be in by then - bankrupt would be my guess the way things are going.

The FTSE is at an all time high and the government is destroying the country and bankrupting us. We're heading for a crash aren't we?

Today's fall is nothing to do with TW, all the housebuilders are down infact much of the FTSE is. It's very likely the supreme court ruling on August 1st as that could have big impact for all the lenders etc

That's not what they're saying on the Lloyd's bb. The chatter is the sc ruling could affect all the lenders which is what Martin Lewis is saying in that article

Is this what's rattling the markets?

https://www.moneysavingexpert.com/news/2025/07/martin-lewis-supreme-court-car-finance-commission/

FTSE futures up 0.52%

https://uk.investing.com/indices/uk-100-futures