Taylor Wimpey sees "more positive" market

Posted on January 15, 2013 by davidb There have been 0 comments

Taylor Wimpey have released a statement that states that since the beginning of 2013 the housing market has been 'more positive' than in recent years.

Their statement said that the average selling price for private completions rose 6% to £197,000 against the comparable period in 2011. Completions increased 7% to 10,886, and Taylor Wimpey has achieved a net private reservation rate for the full year of 0.58 homes per outlet per week. This beats 2011’s 0.54 homes per outlet per week.

Taylor Wimpey also revealed that its order book increased 14% in value to £948 million. Over £100 million more than 2011’s £835 million.

Pete Redfern, the firm’s ceo, said:  “We are delivering on the strategy that we set out in 2011, including a return to UK double digit operating margin ahead of schedule.

“As we look forward to 2013, we are confident that we will continue to deliver against our key objectives and target further improvement.”

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This post was posted in News and was tagged with UK, private housing, Housing Market, Taylor Wimpey. Simply Self Build, Simply Self Build Extensions

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