Lucy Powell

Lucy Powell

Labour (Co-op) — Manchester Central

Speaking in the House of Commons on 21 November 2024

Debate

Business of the House

Contribution

This is a really big issue in city centre constituencies like mine, as well as in rural areas. We are committed, as my hon. Friend says, to introducing the registration scheme for short-term lets, and we will be removing the furnished holiday lets tax incentive that short-term let owners have had recently. Those measures will be introduced as soon as possible, and I will make sure the House is updated. We have also announced a 2% increase to the higher rates of stamp duty on those types of properties. I hope that, taken together, they will reduce the blight of short-term lets on many of our constituencies.

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