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UK builders to pay £100m to housing programmes

Seven UK housing developers have agreed to pay a total of £100m to affordable housing programmes in Britain following a competition watchdog investigation into potentially anticompetitive behaviour.

Business • 09 Jul

Analysts expect Taylor Wimpey, Persimmon and Vistry to be key beneficiaries of increased focus on boosting affordable homes and a reform in planning in the UK

UK homebuilder stocks jump after Labour's election win

British homebuilders' shares rallied today as investors cheered Keir Starmer's Labour Party's comprehensive win in a national election and his plans for the housebuilding sector.

Business • 05 Jul 24

UK housebuilder Taylor Wimpey has posted a 49% slump in annual profit - in line with market expectations.

Taylor Wimpey says to build fewer houses in UK this year

British housebuilder Taylor Wimpey said todayit would build fewer homes this year amid persistent weakness in the housing market, and also posted a 49% slump in annual profit, in line with market expectations.

Business • 28 Feb 24

Britain's biggest housebuilders include Barratt, Bellway, Berkeley, Bloor Homes, Persimmon, Redrow, Taylor Wimpey and Vistry

UK builders, govt need to fix home shortage - regulator

British housebuilders need to build more, better quality homes and the government needs to streamline a complex planning system to fix a chronic shortage that drives up prices, the competition regulator said today following a year-long study.

Business • 26 Feb 24

HSBC is predicting a 20% slump in UK housing demand for a year from this autumn

UK housing stocks slump as HSBC warns of downturn

Shares in British housebuilders' index tumbled to a near nine-year low today after analysts at HSBC warned that the country is on the cusp of a housing downturn.

Business • 02 Sep 22

Taylor Wimpey said total UK home completions surged 47% to 14,087 units last year

Taylor Wimpey sees results in line with expectations

Taylor Wimpey, the UK's third-largest housebuilder, joined bigger rival Persimmon in underscoring sustained demand in the housing market, adding that the company expects annual results in line with its forecasts.

Business • 17 Jan 22

Taylor Wimpey said it will drop contract terms that lock leaseholders into rents that double every 10 years

UK's Taylor Wimpey drops rent-doubling clauses

Britain's third biggest homebuilder Taylor Wimpey said it will drop contract terms that lock leaseholders into rents that double every 10 years.

Business • 22 Dec 21

Berkeley operates mainly in London, Birmingham and the South of England

Berkeley raises profit outlook as sales recover

Berkeley Group has raised its annual profit outlook, after sales recovered to pre-Covid levels on strong demand in an under-supplied UK housing market that helped the high-end homebuilder post higher interim profit.

Business • 08 Dec 21

Barratt said it was cooperating with the UK Competition and Markets Authority's probe

UK watchdog starts probe into big homebuilders

Britain's competition regulator has today launched an investigation into four of the country's biggest housebuilders, saying they may have broken a consumer protection law in relation to leasehold homes.

Business • 04 Sep 20

Taylor Wimpey said its new digital reservation process helped the company increase its order book

UK's Taylor Wimpey says still selling homes virtually

Taylor Wimpey has continued to sell houses despite wide-ranging UK restrictions to prevent the spread of the coronavirus and the shutting of its business locations, the UK's third-largest homebuilder said today.

Business • 23 Apr 20

Taylor Wimpey has reported a 12.5% rise in its order book as at November 10 to £2.7 billion

UK's Taylor Wimpey sees strong demand for homes

Britain's third-largest homebuilder Taylor Wimpey said it still sees strong demand for its homes in the second half, despite the market grappling with Brexit worries and rising costs.

Business • 13 Nov 19