Taylor Wimpey Sees Lower Profit as Mortgage Rates Squeeze Buyers

Taylor Wimpey Plc announced it expects operating profit at the lower end of analyst consensus forecasts. The company cited higher mortgage rates and increased living costs as factors affecting UK home buyer demand. Taylor Wimpey did not provide specific profit figures or a revised earnings guidance range in the statement.

• Bloomberg — Taylor Wimpey Sees Lower Profit as Mortgage Rates Squeeze Buyers

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