Responding to the government announcement on stamp duty and the housing market.

Chris Townsend CBE, Head of Infrastructure at KPMG, said:

“While the effort to drive growth is welcome, a longer term approach to our housing infrastructure is needed to deliver more supply and real prosperity for the economy. Further reform that will help support the building of new, affordable and energy efficient homes is vital, as the country’s infrastructure plays an essential role in economic growth. Today is a good start and we look forward to more detail due later this Autumn, but delivering a medium-term sustainable plan that builds on today’s announcement is the real challenge.”

For further information please contact
KPMG Media Relations
Rob Smyth
Rob.smyth@kpmg.co.uk

About KPMG

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 15,300 partners and staff. The UK firm recorded a revenue of £2.43 billion in the year ended 30 September 2021. KPMG is a global organization of independent professional services firms providing Audit, Legal, Tax and Advisory services. It operates in 145 countries and territories with more than 236,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.