FURNISHED HOLIDAY LETTINGS RULES (No. 2)

That this House notes that the repeal of furnished holiday lettings rules announced in the Budget will have negative and unintended consequences for providers of holiday lettings; believes that the repeal will unfairly affect owners letting properties as their sole source of income or main business; further believes that the repeal will negatively affect the British tourism industry and rural and seaside areas; and calls on the Treasury to review the decision to repeal the furnished holiday lettings rules and consult on a tiered approach.