Monday, 7 July 2014

Housebuilder Taylor Wimpey optimistic as profit margins widen


Construction industry | The Guardian

Housebuilder Taylor Wimpey optimistic as profit margins widen

Help to Buy aids housebuilder as firm forecasts rise in profit margins and seems relaxed over moves to contain possible house price bubble

Housebuilder Taylor Wimpey has reported a strong first half to the year and said new rules to rein in the property market are more likely to help than hinder business.

Prices for its new homes and sales rates were at the upper end of the firm's expectations in the first six months of 2014 and profit margins had improved.

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