UK housebuilder Taylor Wimpey’s latest trading update shows a slight uptick in completions but a dip in the order book at the year end.

Total group completions including joint ventures were 11,229 (2024: 10,593). UK home completions excluding joint ventures were 10,614 (2024: 9,972).

Taylor Wimpey delivered 2,220 affordable homes excluding joint ventures (2024: 2,178), equating to 21% of total UK completions (2024: 22%).

UK average selling price on private completions was £374k (2024: £356k), and the overall average selling price was £335k (2024: £319k).

The company ended the year with an order book valued at £1.86bn (31 December 2024: £1.99bn), excluding joint ventures, which represents 6,832 homes (31 December 2024: 7,312 homes), of which 2,902 are private (2024: 3,208) and 3,930 are affordable (2024: 4,104).

Commenting on the latest figures, Taylor Wimpey chief executive Jennie Daly said: “We delivered a robust performance during 2025 in the context of challenging market conditions, and I’d like to thank our teams for their hard work and resilience.

While too early to anticipate the outcome of the Spring selling season, we have seen a good level of enquiries and are well positioned to support customers through their buying journeys.”

She added: “The Government’s planning reforms have been welcome, and we’ve seen increased momentum in our recent planning permissions. However, while affordability is slowly improving, demand continues to be muted – particularly among the important first-time buyer category – which will constrain overall sector output.”

Taylor Wimpey’s trading figures come out at the same time as the latest Construction output statistics from the ONS, as reported in Mortgage Strategy.

Total construction output is estimated to have fallen by 1.1% in the three months to November 2025, with industry watchers pointing to a disappointing year for housebuilding, marked by a persistent gap between ambition and delivery.