19 Facts About Taylor Wimpey

Taylor Wimpey plc is one of the largest home construction companies in the United Kingdom.

George Taylor Wimpey was founded by George Taylor Wimpey and Walter Tomes as a stone-working partnership in 1880 in Hammersmith.

George Taylor Wimpey died in 1913 at the age of 58, with his family putting the business up for sale in 1919.

George Taylor Wimpey completed its first residential development, the Greenford Park Estate, in 1928.

In March 1996, George Taylor Wimpey acquired McLean Homes, a business founded in 1934 by John McLean, from Tarmac.

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On 23 March 2020, Taylor Wimpey closed all of its UK sites and sales centres following lockdown measures in response to the COVID-19 pandemic in the United Kingdom.

Taylor Wimpey said that although all its show homes had been closed during the lockdown, sales had continued, growing by 200 homes in comparison to the previous year's figures.

Taylor Wimpey ran a manufacturing project during the pandemic to supply "GP surgeries and care homes with reusable 3D printed face visors".

On 2 March 2021, Taylor Wimpey announced it had set aside £125m to pay for cladding and fire safety repairs.

Taylor Wimpey was headed by Pete Redfern, CEO of the company from July 2007.

In February 2022, Taylor Wimpey announced that group operations director Jennie Daly would take over as CEO in April 2022; she replaced Redfern at the company's AGM on 26 April 2022.

Taylor Wimpey was the main sponsor of St Johnstone F C, for the football seasons of 2009 to 2011.

In 2016, Taylor Wimpey held its Project 2020 Open Design Competition in an attempt to find a design for a "home of the future".

In 2016, Taylor Wimpey was accused of selling houses and apartments as leasehold that would traditionally have been freehold, with clauses that allowed the ground rent to rise dramatically in later years, making the houses unsaleable.

Taylor Wimpey sold the freehold to other companies, which could then go on to charge exorbitant amounts for the freehold.

On 19 March 2021, the Competition and Markets Authority ordered Taylor Wimpey to remove terms that double the ground rent of leasehold properties every 10 or 15 years.

In December 2021, Taylor Wimpey formally committed to remove the terms from leasehold contracts and exclude them from new contracts; it would pay third party freeholders of leases that Taylor Wimpey originally owned to enable their leaseholders to do the same.

The CMA's chief executive Andrea Coscelli said Taylor Wimpey's action was "a huge step forward", describing the ground rent rises as "totally unwarranted obligations that lead to people being trapped in their homes, struggling to sell or obtain a mortgage".

Greenpeace claimed Taylor Wimpey was trying to derail UK climate policy, which the company strongly denied, saying it was concerned about practical implementation of the cuts.