Taylor Wimpey has reduced its guidance for house completionsHousebuilder Taylor Wimpey has reduced its forecast for home completions this year as it continues to come under pressure from “challenging” conditions in the UK housing market. On Friday, FTSE 250 firm Taylor Wimpey saw shares slide after updating shareholders. Taylor Wimpey said it expects to deliver between 10,600 and 10,800 completions in the UK this year, excluding joint ventures. Taylor Wimpey said total revenues were nonetheless up 1.7% to £1.68 billion for the half-year, following a 6.7% increase in average selling price on completions. Rightmove revealed than revenues increased by 7% to £225.8 million for the past six months, while operating profits were also up 2%.