In the first half of the year, Taylor Wimpey, the housebuilder, experienced a significant impact from soaring mortgage rates, resulting in a 21% decline in revenue.
The Chief Executive, Jennie Daly, acknowledged that the market conditions were variable during the six months leading up to June 2.
For second-time purchasers, the number of people taking out mortgages for over 30 years increased from 28% to 42%.
The value of the forward order book stands at £2.2 billion, down from £2.9 billion in the previous year, and reservations are below the levels observed in recent years.