TW sees good level of 2026 enquiries, but margin squeeze ahead

Taylor Wimpey completed 11,229 homes in 2025, 6% up on the year before (2024: 10,593).

In a trading statement issued today, TW said revenue for the year increased to around £3.8 billion (2024: £3.4 billion), driven by the higher volumes, average selling prices and land sales. The housebuilder expects to deliver 2025 group operating profit of around £420 million (2024: £416.2 million), and an operating profit margin of about 11% (2024: 12.2%). This margin is expected to be further squeezed this year due to softer prices on bulk deals, a weaker order book and low single digit cost inflation.

UK average selling price on private completions was £374,000 (2024: £356,000) and TW ended the year with an order book valued at £1,864 million (31 December 2024: £1,995 million), excluding joint ventures. In the UK, the firm ended the year with a total of 219 outlets (31 December 2024: 213) and an average of 208 outlets in 2025 (2024: 216).

Taylor Wimpey chief executive Jennie Daly said: “We delivered a robust performance during 2025 in the context of challenging market conditions, and I'd like to thank our teams for their hard work and resilience.

“While too early to anticipate …