Housebuilder Taylor Wimpey has warned that its stellar run of sales growth may come to an end next year as uncertainty around Brexit weighs on the housing market.
The FTSE 100 giant’s latest results showed that sales rates since July were 8% up on last year and its forward order book has bulged 9% over the last 12 months to £2.4bn.
But Pete Redfern, chief executive, said “political and economic” risks including March’s Brexit deadline were likely to weigh on consumer confidence in the coming months, although he downplayed suggestions the top of the housing market has passed.
