TW resilient in face of pre-Budget uncertainty

Taylor Wimpey says that current uncertainty in the housing market ahead of the November Budget means it has faced softer market conditions in the second half of the year to date.

In a trading statement today (November 12) TW says that for the period from June 30 to November 9 2025 its net private sales rate per outlet per week was 0.63 (2024: 0.71), with a cancellation rate of 17% (2024: 17%). Excluding bulk deals, the firm achieved a net private sales rate of 0.61 (2024: 0.68) in the period.

Despite reporting subdued consumer sentiment, TW still expects to deliver full year 2025 UK completions of 10,400 to 10,800 homes and group operating profit of around 424 million.

TW’s order book excluding joint ventures as at November 9 2025 stood at 7,253 homes (2024: 7,771 homes), with a value of around £2,116 million (2024: around £2,214 million).

Underlying pricing remains broadly flat, and TW continues to expect low single digit build cost inflation in 2025.

Taylor Wimpey ceo Jennie Daly said: "We have delivered a resilient performance thanks to the hard work of our teams on the ground. Market conditions remain challenging, impacted by uncertainty ahead of …