§ 52. Mr. Leslieasked the Minister of Agriculture whether he is aware that there is at present considerable speculation in farmland resulting in high prices; and what action the Government contemplates taking to safeguard tenant farmers from increased rents when leases run out?
§ Sir R. Dorman-SmithI am aware from reports that have appeared in the Press that there is at present a good demand for agricultural land but there is nothing to show that this demand is not for the purpose of investment rather than speculation. It is the exception rather than the rule for agricultural land in England and Wales to be let on lease for a term of years and, as regards an existing occupier on an annual tenancy, I would remind the hon. Member that the Agricultural Holdings Act, 1925, contains provisions which have the effect of safeguarding him against any immediate and arbitrary increase of rent.
§ Mr. LeslieIs the Minister aware of what happened after the last war, when farmers were faced with the alternative of purchasing their farms at ransom prices or getting out, and tenant farmers had to pay increased rents; and will the Government consider introducing legislation to provide for security of tenure and fair rents?
§ Sir R. Dorman-SmithThe Agricultural Holdings Act was passed after the war.