UK housing market has remained positive through the second half of 2017 says Taylor Wimpey in their trading statement

November 13, 2017

In their trading statement announcement released today, Taylor Wimpey Plc mentions:  The UK housing market has remained positive through the second half of 2017. Customer demand continued to be robust supported by healthy employment trends, a competitive mortgage market and the Government’s Help to Buy scheme.  We have experienced favorable trading patterns across our businesses, while in Central London market conditions remain stable.

Pete Redfern, Chief Executive, commented:

 “Taylor Wimpey has performed strongly during the second half of 2017, delivering excellent sales rates and making further good progress against our operational targets. While we are alert to potential political and economic risks, demand for new housing remains high across the UK and market conditions are favourable. Notwithstanding the recent small increase in the base rate, we have continued to see stability in trading patterns.  

“Looking ahead, we are on track to meet our full year expectations and deliver further growth and performance improvement in 2018. With a strong balance sheet in place and a high-quality landbank, our business is very well positioned to deliver sustainable growth”.

Read the Taylor Wimpey Plc trading statement announcement published 13th November 2017 in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Housing Insight Report: June 2026

June’s housing market remained active, but buyers and renters continued to show caution. Buyer registrations dipped, while sales agreed remained broadly stable. In lettings, demand continued to outstrip supply, with nine applicants per available property. The average number of new prospective buyers registered per member branch dipped during June 2026, with an average of 55.…
Read More →
Breaking News

Private rent and house prices, UK: August 2026

Main points Average UK monthly private rent increased by 3.7%, to £1,393, in the 12 months to July 2026 (provisional estimate); this annual growth rate is up from 3.3% in the 12 months to June 2026. Average rents increased to £1,451 (3.8%) in England, £843 (4.5%) in Wales, and £1,016 (1.7%) in Scotland, in the…
Read More →
Breaking News

Scrapping Stamp Duty could unlock 300,000 extra home moves a year

Economic growth in key regions, such as around Cambridge and the ‘tech corridor’ being held back by stagnant housing market. Rathbones argues that a more mobile housing market could help unlock part of the UK’s £5.5 trillion housing wealth.   Reforming Britain’s property tax system could unlock more than 300,000 additional housing transactions each year…
Read More →
new build home fronts
Breaking News

New-build property across Great Britain increased in price

The average house price for a new-build property across Great Britain increased to £501,658 in July 2026. The West Midlands recorded the largest average price increase, with the average new-build house price rising to £418,281 in July 2026. Yorkshire and Humberside recorded the smallest average increase, with the average house price rising to £347,846 in…
Read More →
Breaking News

Where London leavers are paying a premium for green space

New research from UK Property Development (UKPD shows that Essex, Kent and Hertfordshire command the highest green space premiums among London’s commuter counties, with homebuyers paying a premium of up to 15.3% to live within a stone’s throw of public green space.   UKPD has compared the average asking price of properties for sale within…
Read More →
Breaking News

Breaking Property News 18/8/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Removing inefficiency that comes from humans having to understand where every piece of information lives   Thought Leadership by Fredérick Wakim, Founder of ImmoAdmin “For most of the software era, making a property management platform better meant adding something to it. Another dashboard. Another…
Read More →