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Cautious housebuyers add to Taylor Wimpey woes

Taylor Wimpey is this week expected to point to more weakness in the housing market as the new year selling season kicks off.

The FTSE 100 housebuilder, which gives its Christmas trading update on Wednesday, has been under pressure amid uncertainty over Brexit, with its shares falling by a third last year.

In November the company warned that it had seen signs of caution among consumers in southeast England, but insisted it would meet market forecasts. Cooling buyer confidence threatens to undermine an industry inflated by the government’s Help to Buy scheme.

Click here for the full Sunday Times article (£)

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