Taylor Wimpey on track for £922m full-year profit despite increasing cancellations

Taylor Wimpey remains on track to deliver a full-year operating profit of around £922m despite reporting an increase in cancellation rates.

In the last six months, the home builder reported a net private sales rate of 0.51 homes per outlet per week – down 44 per cent on last year’s levels.

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Source & Image - City A.M.