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Taylor Wimpey lifts profit target after building record number of homes

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Company constructed more than 7,300 houses in first half of 2021 after Covid hit earnings a year earlier

Taylor Wimpey, one of the UK’s biggest housebuilders, has returned to profit and upgraded its earnings targets after building a record number of homes in the first six months of the year.

The High Wycombe-based firm built more than 7,300 homes in the first half of 2021, almost all of which have been pre-sold, allowing the company to lock in the benefit of soaring house prices triggered by cheap loans, the government’s stamp duty holiday and a pandemic-driven preference for larger houses.

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