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Taylor Wimpey Sees Lower Profit as Mortgage Rates Squeeze Buyers

Bloomberg Markets Wednesday 11 November 2026, 07:30 UTC By Meg Short 1 min read
Key Points

Taylor Wimpey Sees Lower Profit as Mortgage Rates Squeeze Buyers Taylor Wimpey Plc expects its operating profit to be at the lower end of consensus as higher mortgage rates and living costs weigh on UK home buyers. The housebuilder now expects to deliver 10,500 home completions excluding joint ventures, according to a statement Wednesday. As a result it expects to deliver operating profit for the year at the bottom end of its previously communicated range of £262 million ($349 million) to...

Taylor Wimpey Sees Lower Profit as Mortgage Rates Squeeze Buyers Taylor Wimpey Plc expects its operating profit to be at the lower end of consensus as higher mortgage rates and living costs weigh on UK home buyers. The housebuilder now expects to deliver 10,500 home completions excluding joint ventures, according to a statement Wednesday. As a result it expects to deliver operating profit for the year at the bottom end of its previously communicated range of £262 million ($349 million) to £299 million.
Taylor Wimpey (PERSON) Taylor Wimpey Plc (ORG) UK (LOCATION)
Originally published by Bloomberg Markets Read original →

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