Taylor Wimpey has tweaked the criteria it will use for rewarding senior executives this year as it prepares a new remuneration policy to present to shareholders in 2020.

The housebuilder said it had added build quality and order book conditions to bonus requirements for the firm’s top management team and removed the element relating to the conversion of operating profit into operating cash flow.

Taylor Wimpey said the order book measure would “provide greater direct emphasis on sales volume and will require improvement over the 2018 full year outturn”, while linking build quality would “underpin our goal to deliver high-quality homes and reduce the number of instances requiring remediation”.