National housebuilder Taylor Wimpey plc has reported an increase in sales, completions and average home selling prices for the full year 2025.
In a trading update released on January 15, Taylor Wimpey said it also remains confident in the medium-term outlook despite recent challenging markets.
Revenue for the year increased to approximately £3.8bn (2024: £3.4 billion), driven by higher volumes, average selling prices and land sales.
The company expects to deliver 2025 Group operating profit of approximately £420m (2024: £416.2m).
“While too early to anticipate the outcome of the Spring selling season, we have seen a goodlevel of enquiries and are well positioned to support customers through their buying journeys,” said Jennie Daly, chief executive.
“The Government’s planning reforms have been welcome, and we’ve seen increased momentum in our recent planning permissions.
“However, while affordability is slowly improving, demand continues to be muted – particularly among the important first-time buyer category – which will constrain overall sector output.”
Total Group completions in 2025, including joint ventures, were 11,229 (2024: 10,593). UK home completions excluding joint ventures were in the middle of its guidance range at 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%).
UK average selling price on private completions was £374k (2024: £356k), and the overall average selling price was £335k (2024: £319k).
Taylor Wimpey ended the year with an order book valued at £1,864m (31 December 2024: £1,995m).
In the UK, it made good progress on its outlet opening programme, ending the year with a total of 219 outlets (31 December 2024: 213) and an average of 208 outlets in 2025 (2024: 216).
“During the final quarter of 2025, we experienced increasing momentum in our planning determinations.,” the company said.
“These related to applications submitted as part of our proactive, assertive planning strategy which was designed to leverage positive changes within the National Planning Policy Framework. Looking ahead, we anticipate further progress with the Planning and Infrastructure Act now in place, streamlining decision making and facilitating the delivery of planning consents.”
The company said uncertainty ahead of the late Autumn Budget impacted sales through the second half of 2025 and its order book coming into 2026.
“Whilst it is too early to predict the outcome of the spring selling season, we are experiencing a good level of enquiries consistent with last year. We remain focused on driving outlet openings to support our growth and expect average outlets to increase year on year.”
Taylor Wimpey expects Group operating profit margin to be lower in 2026 than in 2025 and, given the lower opening order book, for performance to be more second half weighted in 2026 than in prior years.
The company will provide full 2026 guidance in its Full Year Results in March.
