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Taylor Wimpey

Taylor Wimpey reflects on UK housing market cycle

In reporting its 2010 results, Taylor Wimpey describes UK housing market conditions as “broadly flat” during the year.
The group achieved a net private sales rate per outlet of 0.51 for the year as a whole (2009: 0.55) and cancellations remained in line with the long-term average, at 18.2%.
The developer increased its outlets to 301 at [...]

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Taylor Wimpey launches first-time buyer mortgage deal

Taylor Wimpey says it has negotiated an exclusive mortgage-guarantee scheme that can provide 95% loan-to-value mortgages for first-time buyers.
The house builder’s Take5 deal, backed by Melton Mowbray Building Society and Saffron Building Society, means that a two-bedroom home can be secured with a deposit of just £5,750, compared with the UK average of £28,770.
Loans are [...]

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