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Taylor Wimpey Fundamentals (TW.)

Is that your monitor or TLW.

Uggh,

I am holding. Hope I don't regret doing so.

Actually tempted to buy a few more. But. But. But.

We know it for some time now ......

UK construction growth drops to 11-month low -PMI

LONDON, Aug 2 (Reuters) - Growth in Britain's construction industry tumbled to an 11-month low in July, as a lacklustre outlook for the economy and heightened political uncertainty deterred new orders, a survey showed on Wednesday.

The Markit/CIPS UK Construction Purchasing Managers' Index PMI) fell to 51.9 from 54.8 in June, below all forecasts in a Reuters poll of economists that had pointed to a reading of 54.5.

The survey is another mixed signal for Bank of England policymakers meeting this week to set interest rates. A sister survey on Tuesday had shown British manufacturing growth improved last month thanks to an upturn in exports.

But Wednesday's PMI for construction, which accounts for around 6 percent of British economic output, showed a sector struggling to maintain momentum.

"The combination of weaker order books and sharply rising construction costs provides a concern that an extended soft patch for the construction sector may be on the horizon," said Tim Moore, senior economist at survey compiler IHS Markit.

Wednesday's PMI showed new business volumes declined for the first time since August 2016, hurt by a slowdown in the commercial construction sector.

Last week the Royal Institution of Chartered Surveyors said demand to rent British commercial property had fallen to a five-year low.

Growth in the housebuilding sector also cooled, reflecting other signs of a slowdown in the housing market, according to the PMI. On Monday, the Bank of England said mortgage approvals fell to a nine-month low in June.

The waning growth in activity took its toll on construction firms' confidence about the future, which fell to its lowest level in a year, IHS Markit said.

The Federation of Master Builders said on Monday that the fall in the sterling exchange rate was causing prices of materials to soar, squeezing margins for a third of small builders and forcing nearly a quarter to raise prices.

More important for BoE officials will be Thursday's PMI for the services industry, which accounts for about 80 percent of British economic output.

- Detailed PMI data are only available under licence from Markit and customers need to apply to Markit for a licence.

It's no surprise that the house-building sector is cooling mentor, when prospective first-time buyers are excluded from the market due to pricing pressures and the need for a sizable deposit.

Not to mention the low wages and conditions.. buy a house in this Country at the moment?.. you must be joking.

for all that, there remains huge pressure to build houses everywhere, even gobbling up more and more greenbelt

under current legislation, any new development has to include a specified proportion of "starter homes" whatever that may mean ...... certainly one of the smart developments in RBK&C were less than thrilled to find a bunch of grenfell tower "homeless" taking up residence in part of their block (hard cheese!)

under current legislation, any new development has to include a specified proportion of "starter homes" whatever that may mean

It means that "starter homes" usually means ending up nothing like affordable homes in practise.

oh do stop being a bitter and twisted little twerp

Starter home kit.

Beaufort Securities Buy 191.75 220.00 220.00 Retains

cynic - 02 Aug 2017 13:27 - 312 of 314

oh do stop being a bitter and twisted little twerp

Nothing to do with bitter or twisted.. and if there's a twerp around here it certainly isn't me.

re - bitter and twisted little twerp ... it certainly isn't me.

on whose eyes?

Irrelevant.

Those holding get a surprise, but is not positive, it happens from time to time, but it was expected by some,
but not by the twisted ones.........

Rumoured Help to Buy scheme review triggers sell-off in housebuilding sector

Housebuilding stocks struggled after broker Liberum warned if the Help to Buy scheme was removed after a rumoured
government review, it could impact margins and sales rates across the whole sector.

Barratt Developments (BDEV) led the pack lower with a 5.3% decline to 585p. Peers Taylor Wimpey (TW.) and
Persimmon (PSN) fell 4.8% and 5.5% to 185.5p and £24.21, respectively.

Also some mutters that Credit Suisse have "prematurely" downgraded the sector whatever that means

Whoever put that chart at the top could had made a better job and do a smaller size, it will help to see the price
of the time in relation for the last few days

Manuel,

Consider policies in home/house ownership as a consolidation of wealth in a smaller and smaller section of the population.

Also, consider the effects of doing so.

Consider the change of expectancies and goals.

Mentor - the chart looks fine on my 23" screen!

fred - why do i need to philosophise? ....... i see you're happy to try to make money from these (and other) shares, and so am i ...... certainly makes you on of the champagne socialists

house ownership, like worthless uni education (attendance!), is deemed a holy grail, but houses will still be needed whether for end-users to own or to rent

skinny

re - chart

consider the size is 1000 and most computers will show as Max 900 MAM allows 920 but the top of MAM from home to help is only 900.

Others can say if they can see it all or have to scroll just a bit more to see the end of the chart

Ok - changed to 900.