Taylor Wimpey has benefited from the government’s policies on housing following the Autumn Statement, as the average selling price for houses rose 8% in 2015. End of year profits of £225m marked a record operating profit margin of over 20% .
The housebuilder, listed on the FTSE 100, said they built more homes than at any other point within the past six years . Housebuilders have benefited from a number of government policies designed to help first-time buyers get onto the property ladder, including the Help to Buy ISA and the introduction of a 20% discount for starter homes .
Taylor Wimpey Chief Executive, Pete Redfern, said: “We are confident that the principles we are operating to will deliver long-term sustainable value across the housing cycle.”
With support from the new policies put in place, they hope to build more than 200,000 discounted houses over the next few years, and expect house price growth to continue outstripping cost inflation .
Property firm Savills have said they expect results for 2015 to exceed initial expectations, citing they had a strong year with the completion of “significant commercial transactions” .
Taylor Wimpey said they are confident of achieving increased returns to their shareholders in 2016 , with their share price rising 0.62% following the news – up by 47% over the year . The company is set to pay a £350m special dividend in July .
Other housebuilders such as Barratt Developments, Persimmon and Berkeley also made strong gains throughout the year, with share prices rising between 30% and 50% .
 The Telegraph. ‘Taylor Wimpey reports record profitability as housing demand surges’. telegraph.co.uk
 BBC News. ‘Taylor Wimpey announce six-year high in house building’. bbc.co.uk
 Reuters UK. ‘Taylor Wimpey confident on 2016 as sales rise’. uk.reuters.com
 Financial Times. ‘Taylor Wimpey unveils record profit margin and order book’. ft.com