Taylor Wimpey has said it is on track to meet full-year expectations.
The housebuilder said results were good thanks to a strong demand, which helped it to offset a shortage of drivers and global supply chain issues.
Pete Redfern, chief executive, said: “We are pleased with performance in the second half to date, and remain on track to deliver full year 2021 results in line with previous guidance. We have been building a strong forward order book for 2022 and continue to see good demand for our homes, supported by a positive market backdrop.
“Despite well-publicised industry supply chain pressures, we are managing our supply chain effectively and are benefiting from our scale and strong partner relationships. We continue to see house price inflation fully offsetting build cost inflation. Looking ahead, market conditions remain supportive, and with the benefit of our strong land position we are well placed to deliver against our medium term targets.”
The group’s profit outlook for the full-year will be around £820m and it expects to complete between 13,000-14,000 homes.