Go on, then. I'll be brave, shall I? I'm Douglas Haig from the National Residential Landlords Association. I know I've spoken to many of you before, but some of you I've not spoken in front of before. So, we are the merger of two separate bodies that came together at the beginning of the pandemic, representing private sector landlords. So, generally, small private landlords with portfolios of one to 10, I suppose. We have a few members that are slightly larger across England and Wales, and we've got nearly 100,000 members post merger now.
So, from our perspective, having gone through Dr Brooks's paper, it's a—. Personally, I thought it was actually a well-written and well-balanced document; I was quite surprised by it. I think it, overall, gave lots of information and countered some misconceptions or some assumptions. But, from our perspective, something I think is very important, and something that Dr Brooks touches upon, is really understanding the classifications that we're talking about here, and that's why I think it's important to come in at this stage of the debate.
'Second homes' is something that can often encapsulate a wider variety of properties than necessarily it means to. So, from our perspective, 'second homes' is very much just individuals who are buying properties as their second home, to live in for a period of time, whether that's a long period or a short period, but it's their residential home that is an alternative to their main home. Whereas I think that we've also got 'short-term holiday lets', which is a second property but used for business purposes for holidays. It might be used as the owners' holiday home as well. And then, you've got second properties, which are investment properties as buy-to-let landlords. Whether they are accidental landlords or if they are professional investor landlords, you know, they are second properties.
From our perspective, we've seen a number of consequences of legislation that has started to try and address, potentially, the first area that I was talking about—so, a second residential property for somebody to stay in, as an alternative to their main home—but it's encapsulating the other two areas. I think we need to be very, very mindful of any legislation and how we're talking about things in these discussions as to which of these three areas we are trying to address. Because things like the stamp duty increases have massively impacted buy-to-let landlords, whether that was intentional or not. It is an impact, and you can see that on supply, and Dr Brooks actually mentions it in his paper as well.
So, I think that's the opening thing that I want to establish and be clear about, as we go through this process, in terms of coming up with concepts and ideas for legislation to tackle the various issues that communities and affordability are having. Because, you know, whereas it may be tackling one, it's having a detrimental impact on another, and maybe we can talk about that a little bit later. But I wanted to start by clarifying definitions.