National housebuilder Taylor Wimpey recorded a 13% growth in annual revenue for the year ended December 31, 2025.
In its annual results posting, the company also predicted its expected number of home completions excluding joint ventures to be broadly similar this year to last year – in the 10,600 to 11,000 range.
“The Spring selling season has started well, with encouraging levels of customer interest, reflecting our excellent locations, and focus on targeted marketing and high-quality lead generation,” it said,
“There continues to be good mortgage availability at competitive rates as lenders remain committed to the UK mortgage market. However, while affordability is improving, it remains difficult for first time buyers to access the market, particularly in the South of England.”
Taylor Wimpey entered 2026 with a slightly lower order book compared to the previous year following a period of uncertainty for house buyers ahead of the Autumn Budget in the second half of 2025. As at March 1, 2026, its total order book excluding joint ventures was £2.182bn (2025 equivalent period: £2.283bn), comprising 7,678 homes (2025 equivalent period: 8,097 homes).
Its 2025 key financials include revenue increasing to £3.844bn (2024: £3.401bn), driven by higher volumes, average selling prices and land sales. Adjusted operating profit was £420.6m (2024: £416.2m),
The Group expects its adjusted operating profit margin for 2026 to be lower than 2025, reflecting softer pricing in the order book coming into the year together with continued low single digit build cost inflation.
Total Group completions in 2025 including joint ventures were 11,229 (2024: 10,593). Excluding joint ventures, the figure was 10,614 (2024: 9,972).
It delivered 2,220 affordable homes excluding joint ventures (2024: 2,178), equating to 21% of total UK completions (2024: 22%).
The UK average selling price on private completions was £374k (2024: £356k) with overall average selling price of £335k (2024: £319k). Some 71 UK outlets opened in the year (2024: 55), up 29%.
Exceptional costs in the year, before tax and interest, totalled £243.8m consisting of the net cladding fire safety provision increase of £225.8m and costs related to the voluntary agreement with the Competition and Markets Authority (CMA) of £18m.
Taylor Wimpey expects 2026 performance to be more second half weighted with around 40% of completions in the first half.
