Well, funding from land transaction tax already supports local authorities and others in terms of supporting our agenda for building more social homes. But I do have to say there are a couple of things that I do need to put on record. So, the additional rate at the moment stands 4 percentage points on top of the main rates for land transaction tax. So, the most recent announcement was an additional, permanent 1 per cent on top of the 3 per cent.

I also think it's important that we portray the figures in terms of house sales and transactions correctly. So, it's not always possible to tell whether properties that are subject to the higher rates were already in one of those categories to which higher rates already applied before the transaction. So, therefore, the transaction may not change the nature of the ownership of the property. For example, a transaction may be from one private holiday home owner to another private holiday home owner, but it also might be from a buy-to-let landlord who's providing a rental property for a local member of the community to another buy-to-let landlord. So, I do think it's important to reflect the figures correctly. They're not all second homes; it's impossible to say that.

It's also important that the figures relate not to the entire stock of the area as well, only to those properties that have been sold. That's not to diminish the fact that I understand that second home purchases are a significant problem and issue in many communities, but I do think it's important that when we are reflecting on the figures we do so in a way that shows the wider picture.