Taylor Wimpey has sold its North American business for £595 million to TMM Holdings Ltd Partnership, a property investor backed by TPG Capital and Oaktree Capital. <br> <br> The sale comes as the firm delivered an upbeat statement to the City, reporting good progress with its 95% mortgage product, Take5, which it launched in February. The firm said that it is seeing encouraging trends in visitor levels, sales rates, cancellation rates and selling prices. The firm has approved the purchase of 2,937 new home plots on 23 new sites since the start of the year. <br> <br> “We are delighted to announce the sale of our North American business which is a significant step towards our goal of building a UK focused home builder,” said Taylor Wimpey ceo Pete Redfern. “The sale will provide us with a strengthened balance sheet and increased financial capacity to invest in the UK and to pursue our strategic aims of focusing on industry growth.” <br> <br> Taylor Wimpey’s positivity reflected that of Persimmon which has also seen improving sales rates over the first part of the year, increasing by 12% when compared to this time last year. The firm added that visitor levels are …