Taylor Wimpey Cuts Housing Targets as Mortgage Rates Slow Sales

RecentNews.uk

Taylor Wimpey cuts its 2026 UK completions outlook to approximately 10,500 homes.

Surging mortgage rates and affordability pressures have squeezed buyer demand.

Housebuilder shares slumped following the profit and target warnings.

The wider UK property sector faces ongoing challenges from high borrowing costs.

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