The housebuilder stated that should market conditions remain stable they would be well-placed to see a return to growth in 2025.

The volume housebuilder has seen operating margins of an average of 25.4% per year since 2019.

The housebuilder said that its multi-tenure partnership model compensated for reduced demand from private buyers

Rocket Auctions, a newly formed subsidiary of the Bamboo Group, will offer estate agents the ability to sell properties by online auction through Bamboo’s technology platform.

Despite experiencing a “strong” last quarter, the volume housebuilder saw a 52% drop in pre-tax profits during 2023.

Despite being at the top end of its expectations, Taylor Wimpey’s full-year operating profit was still 49% down on its previous year, according to full-year results for 2023.

Thomas Proctor, founder and CEO of NCG, looks at the past, present and future of proptech, and why the long-awaited proptech revolution has never really transpired.

HFIS' new group brand 'Total Property' is the new home for all of its property brands in a move that extends the company’s reach to over 40% of the private rented sector.

Increased reliance on PropTech could make industry operators more vulnerable

'Challenging trading conditions' over the past year have seen the housebuilder report a drop in the number of homes completed.