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      “The shortage of housing must remain a priority for every UK Government until the crisis is solved. But, making inroads is difficult, and in reality little progress has been made over the last decade.

      “Market conditions have been challenging since Covid, particularly around material and labour cost and availability, which together with increased financing costs has meant that many schemes are no longer viable.

      “Improving the long running issue of housing in these tough market conditions will require concerted central and local government action in close partnership with the private sector.”

      Andy Pyle

      Partner, UK & Global Head of Real Estate

      KPMG in the UK


      -ENDS-

       

      For media enquiries, please contact: 

       

      Petra Shuttlewood, Senior Manager, Media Relations
      Tel: +44 (0) 7935 350724
      Email:
      Petra.Shuttlewood@KPMG.co.uk

       

      Christina Bridge, Senior Manager, Media Relations
      Tel: +44 (0) 7789504905
      Email:
      Christina.Bridge@kpmg.co.uk

       

      KPMG Press Office
      Tel: +44 (0) 207 694 8773

       

      Notes to Editors:

       

      About KPMG in the UK:

      KPMG is trusted to make the difference for our clients, people and the communities we work in. With our people’s deep sector expertise and cutting-edge technology, we help organisations overcome their biggest challenges and unlock new opportunities to transform and grow. 

      On 1 October 2024, KPMG UK and KPMG Switzerland merged to form KPMG UK/Swiss Group, scaling our strengths and amplifying the difference we make. 

      KPMG International Limited is a global organisation of independent professional services firms providing Audit, Tax and Advisory services in 138 countries and territories. Each KPMG firm is a legally distinct and separate entity and describes itself as such.