By Daniel Hunter
Housebuilder Taylor Wimpey is expecting a strong 2015 after starting the year in an "excellent position" with a record order book.
The company said it built 12,454 new homes last year, 6% more than in 2013. And the average price for a Taylor Wimpey home was up 12% to £213,000.
Taylor Wimpey said it was benefiting from a "more sustainable housing market".
"In the UK, we have an environment of sensible mortgage regulation and a reduced risk of UK interest rate increases in the near term," said chief executive Pete Redfern.
"We are encouraged by the more balanced market conditions, with a lower rate of price growth, which should create a healthy and more sustainable housing market."
At the end of 2014, Taylor Wimpey said it had 6,210 new orders, worth £1.4bn.
Join us on