Taylor Wimpey homes

Modeler

Thanks for the replies. We also have good feelings about the house, site and deal. I'm ploughing everything I have into this, so naturally very nervous.

littlesparkles

Good luck with your house purchase! I have my TW contract now so I'm almost at the point of no return!

Someone mentioned affordable housing- My site has some affordable housing on it and it is not timber frame construction. All of the houses are traditional brick. However I have been told that this site is a higher spec than many TW ones as the original plans were by a local builder who went bust so TW bought the site.

GDB2222

Leew1231 wrote: »

pinkshoes wrote: »

It depends what type of housing they're building. The words "affordable housing" makes me shudder, as it basically means Timber Frame construction, which I can only think of as shoddy, and wouldn't touch with a bargepole. QUOTE]

I used to think the same. Then I visited Hollywood Boulevard in the USA where all the multi millionaires and celebrity's live. I saw some of the mansions going up, and unbelieveably they were timber frame construction. I was pretty astounded!

There are some mega-mansions going up locally, 30k sq ft and up, and they all have a reinforced concrete structure clad in bricks. We have a much damper climate than Hollywood, so maybe that accounts for the difference in approach?

snell_tink

Taylor wimpey use bricks, but they are lego bricks, children in adults clothing build the houses and they wobble in the wind. LMAO When you kick one it cries, because no love went into it. Oh please don't adopt when it comes at such a high price, wait until the builder can't shift anymore and swoop in like an evil ghost and take them for every last fitting. It still won't be worth the money, but good to see the sales leach work for its money! By that time it will be twitching and will want to see the back of that crammed estate like it wants rid of crabs.

kaylz39

snell_tink wrote: »

Taylor wimpey use bricks, but they are lego bricks, children in adults clothing build the houses and they wobble in the wind. LMAO When you kick one it cries, because no love went into it. Oh please don't adopt when it comes at such a high price, wait until the builder can't shift anymore and swoop in like an evil ghost and take them for every last fitting. It still won't be worth the money, but good to see the sales leach work for its money! By that time it will be twitching and will want to see the back of that crammed estate like it wants rid of crabs.

Perked up my some-what gloomy Thursday morning, gave me a good giggle. I particularly liked the evil ghost reference. :rotfl:

I would agree though, the new developments aren't getting the interest they would have hoped for so there's some real bargains to be had. If you haggle chances are you will get carpets throughout, turfed garden, upgraded kitchen etc < all because you held back a little & didnt get too giddy!

lovetheuk

What is worth considering is the fact many will buy these properties at top whack price, then some will sell at a loss, or worse, be repossessed. At some point you will get one of those homes at a steal in comparison to what taylor wimpey charge to begin with.

We bought a rental property in Orlando many years ago, at the start we looked at new build. The show homes looked lovely, but they were incredibly expensive in comparison to pre-owned homes. So we began to look at foreclosures/repossessions, then we found an absolute bargain. It has rented out solidly since we bought it.

Although it seems sad to wait for the worst to happen to someone else, it happens and then you get a property tens of thousands of pounds less than if you had rushed in for the off-plan version.

Hadfield_1905

[FONT=&quot]Remember, on 3 July 2007 Taylor Woodrow and George Wimpey merged to form Taylor Wimpey. Taylor Woodrow shareholders held a majority 51% share of the combined company, whilst it was controlled 60:40 in favour of George Wimpey directors. Peter Redfern, the former Chief Executive of George Wimpey, is Group Chief Executive of Taylor Wimpey plc.[/FONT]

[FONT=&quot]Taylor Woodrow legally acquired George Wimpey. Wimpey Homes Limited has been dissolved and no longer exists. The company no longer trades as Wimpey, Wimpey Homes or George Wimpey. Wimpey does not exist and it is now Taylor Wimpey. All the former “George Wimpey” branded companies (including George Wimpey Limited, formerly George Wimpey Plc) are Dormant and no longer trade. The main former George Wimpey trading subsidiary, George Wimpey UK Limited, has been re-named Taylor Wimpey UK Limited and has been transferred from George Wimpey Limited to Taylor Wimpey Developments Limited (formerly Taylor Woodrow Developments Limited, a former Taylor Woodrow subsidiary which mainly traded under the Bryant Homes brand (which Taylor Woodrow acquired in 2001)). [/FONT]

[FONT=&quot]Taylor Wimpey has a number of National House Designs at Head Office, which they tailor throughout the country in their Regional Offices to local demographics. For example, House Type F, a former George Wimpey house design (which is a 2 1/2 storey three bedroom town house), trades as The Crofton at The Romans at Augusta Park in Andover, Hampshire, and is priced at £220,000. Meanwhile, House Type F trades as The Leyland at The Pavilions in Wokingham, Berkshire, and is priced at £335,000. There are a few differences in the layout, such as the positioning of the Cloakroom and the shape of the Kitchen. The Crofton also comes with a Single Garage as well as One Allocated Parking Space, whilst The Leyland only comes with One Allocated Parking Space. The Romans started trading before the merger, so was built to George Wimpey quality standards and is a re-branded estate from George Wimpey to Taylor Wimpey, whereas The Pavilions only opened last year (2012), so was built to former Taylor Woodrow standards. The quality control of George Wimpey was not good, so The Crofton was not built to a good standard. In contrast, even through The Leyland is a former George Wimpey design, it was built using former Taylor Woodrow suppliers and quality control standards, so the quality is better.[/FONT]

[FONT=&quot][FONT=&quot]There are a number of ways to build homes. With apartments, they can be made from timber frames, bricks/ breeze blocks, concrete or steel. George Wimpey and former George Wimpey apartment designs used timber frames, whilst Taylor Woodrow and former Taylor Woodrow apartment designs used bricks/ breeze blocks. The insulation and sound proofing in former George Wimpey apartment designs were therefore not as good as the Taylor Woodrow ones. Ask your Sales Executive before Reservation what the walls in your chosen apartment are made from. In terraced homes, George Wimpey did not build breeze blocks right up through the loft, as it stopped at waist height in the loft; whereas Taylor Woodrow built all the way up to the roof timbers so the sound was better proofed and it was a safer house in case of a fire. Going forward, Taylor Wimpey will use the former Taylor Woodrow standards of insulation and sound proofing.

[/FONT]There have been a number of issues surrounding quality control at Taylor Wimpey. The problem is there are two sets of Site Managers – former Taylor Woodrow ones and former George Wimpey ones. Taylor Woodrow had higher quality control than George Wimpey so it depends which one you get. Therefore, the vast majority of quality control issues concern former George Wimpey homes and George Wimpey house designs. Going forward, the combined Taylor Wimpey will adopt the Taylor Woodrow policy of quality rather than quantity, and Taylor Wimpey is investing substantial sums of capital to improve the build quality of their homes. Purchasers get a tour of their newly built home before they legally complete, so if they are not satisfied with the quality and would like certain things changed, then that can be done before legal completion. After legal completion, the Purchaser then has a further two weeks to point out any further build quality flaws. All homes – Private or Affordable, are built to the same quality control and standards. Currently, 92% of Taylor Wimpey customers would recommend Taylor Wimpey to a friend.[/FONT]

[FONT=&quot]Affordable homes are built to the same quality control and have similar house designs to Private homes. At least 25%-30% of housing estates, and up to 50% of housing estates, contain Affordable homes. However, if the Developer has two sites of the same size in the same Local Authority, theoretically one estate can be entirely Private homes and the other estate can be entirely Affordable homes. There are a number of different types of Affordable homes. Shared Ownership is where the purchaser initially buys a percentage of the home, with the intention of acquiring full ownership after one year and in the future. Rented homes are owned by either Housing Associations or the Local Authority, but the Tenant can still use the Right to Buy scheme to acquire their home in the future. Taylor Wimpey sells Affordable homes at a discount to Housing Associations and/or Local Authorities, so their margins are lower on these properties, which means they have to recover their profits from selling Private homes at even higher prices.[/FONT]

[FONT=&quot]Taylor Wimpey’s Pricing Policy is on a “From” basis – for example, “From £200,000”. This is because, in this example, a £200,000 house is just a shell – concrete floors and white walls with just the pipes and mains. You have to choose Options, or the “Wish List”, so whilst you get a choice of carpets, Kitchens and Bathrooms, etc., it can easily add at least a further £10,000 to the purchase price.[/FONT][FONT=&quot] Prices are only slightly negotiable and only in certain circumstances. For example, if you are buying Off Plan, in Cash, and/or buying multiple units (such as if you are an Investor). However, the only way to get a substantial discount is to work for Taylor Wimpey.[/FONT]

[FONT=&quot]And yes, before you ask, I do have connections at Taylor Wimpey.[/FONT]