Taylor Wimpey sees tender inflation fall to 1%

The country’s second biggest house builder Taylor Wimpey has seen build cost inflation almost disappear so far this year.
The firm said the prevailing underlying annualised build cost inflation on new tenders was now running at 1%.
And this had been pinned down to zero when taking into account savings arising from the house builder’s value improvement programme.
This compares to underlying build cost inflation in 2023 was of 8.5%.Announcing year-end results that saw operating pr