Richard Foord

It is an honour to serve under your chairship, Mrs Harris. I congratulate the hon. Member for Cities of London and Westminster (Rachel Blake) on calling this debate. Many of us in this House were eager to have it, so we are glad that she secured it. I am also glad that she referred to examples of short-term lets from beyond her constituency of Cities of London and Westminster because it would be a real error to see short-term lets only from the perspective of the sorts of properties that are available in the area outside this Palace in which we speak today. I urge the Minister and civil servants who might be listening not to draw entirely on examples of the challenges that London boroughs experience around short-term lets. They would be welcome to come at any time to Devon and the Honiton and Sidmouth constituency that I represent to see the fantastic tourist businesses that exist before they consider regulation of the sector. We must beware of having a one-size-fits-all policy that might fit very well here in London but that does not fit nearly so well in our rural areas and coastal towns and villages, which are quite depopulated. It was only yesterday that there was a debate in this Chamber on the depopulation of rural areas, and such depopulation is what is at stake here. We know from the Professional Association of Self Caterers UK that traditional self-catering businesses could be subject to some of the new rules that are being introduced after the spring Budget, which was introduced by the right hon. Member for Godalming and Ash (Jeremy Hunt) when he was Chancellor of the Exchequer. The right hon. Member talked about stripping away parts of the furnished holiday let regulation system to create what he thought would be a level playing field. However, I can assure you, Ms Harris, and others that there will not be a level playing field, because there is no level playing field between those traditional holiday lets—the self-catering businesses that are already so excellent—and some of the fly-by-night Airbnb properties that are put on the market for overnight rent but taken off long-term lets. They are neither available to long-term renters nor being marketed to the same standards that we have come to expect of traditional self-catering properties. This issue is crucial for the economy of Devon. I have with me a report from the Devon Housing Commission, which has been examining the shortage of housing stock in the county. It says that the “traditional” holiday let sector is at risk of losing £779 million of income. That sector encompasses not just those people who let their farmsteads or perhaps their heritage houses; it also includes the food and drink sector and the entertainment and tourist sectors, which depend on holiday makers. The Liberal Democrats welcome the proposal for a registration scheme and the efforts to try to make more housing available for those seeking long-term lets. However, we also need to be careful. In particular, I urge that we pause the furnished holiday let regime that the former Chancellor of the Exchequer introduced in the spring.