Taylor Wimpey Lowers 2026 Home Completion and Profit Outlook
Taylor Wimpey reduced its 2026 home completion forecast to 10,500 units and expects profits to fall toward the lower end of analyst estimates.
British housebuilder Taylor Wimpey expects its 2026 full-year adjusted operating profit to land at the lower end of the analyst consensus range of £262 million to £299 million. The company lowered its 2026 home completion outlook to approximately 10,500 homes, a decrease from 11,229 last year and below its previous guidance of 10,600 to 10,800.
Chief Executive Jennie Daly attributed the decline to a subdued autumn selling season, noting that higher mortgage rates and living costs have reduced customer affordability. Trading data supports this trend, with net private sales per outlet per week dropping to 0.60 from 0.63 the previous year. As of November 8, the company's order book, excluding joint ventures, contained 6,839 homes valued at £1.98 billion.
Despite the weakened outlook, the company plans to return approximately £240 million to shareholders through dividends and share buybacks, aiming to end the year with £250 million in net cash. Taylor Wimpey also expressed support for the Your First Home scheme introduced by the government to assist first-time buyers.
