Wimpey (George) - The UKs Leading Housebuilder

Flying, houses and flutterings
Beverley Flynn
25 December 2005
The Sunday Independent (Ireland)

GEORGE WIMPEY PLC is the fourth largest quoted UK house builder with a market capitalisation of £1,580m. Most of its interests are in the UK. As a share price trading range of £3.90-£4.50 I believe they remain cheap and within the sector lowly rated. In 2006 I expect that the UK housing market will stabilise as there are lower interest rates and I believe that this will attract buyers back to the market, making George Wimpey an attractive buy.