Markus Campbell-Savours (Penrith and Solway) (Lab)
I congratulate the hon. Member for Kingswinford and South Staffordshire (Mike Wood) on bringing forward the Bill, and I bow to his superior knowledge of pubs both heritage and modern. I do not doubt how thorough his research methods have been.
This is an issue of enormous importance, particularly for rural constituencies such as Penrith and Solway, where the village pub is often much more than simply a business. The Bill would establish local authority registers of heritage public houses, introduce restrictions on their sale, and create additional protections in the planning system. In many of our villages, the pub sits at the heart of community life. It is where neighbours meet, local groups gather, funds are raised for worthy causes, and people maintain the social bonds that hold communities together. The loss of a village pub can be devastating. It can fundamentally change the character of an area and leave a void that is never truly filled. I therefore understand entirely the motivation behind the Bill, and the desire to ensure that valued pubs are not unnecessarily lost.
However, I wish to focus my remarks on provisions in the Bill that contain similar principles to the asset of community value framework, particularly the restrictions on sale and the opportunity for community acquisition. As I understand it, under the Bill owners of a registered heritage public house could be subject to a process including a full moratorium period of up to 12 months before a sale can proceed in certain circumstances. My question is a practical one: what happens when a community wishes to buy a pub, has local support and a business plan, but needs time and financial support to complete the purchase?
The hon. Gentleman asks a reasonable question. The answer is that the procedure and timelines in the Bill are exactly the same as those the Government introduced for assets of community value in the English Devolution and Community Empowerment Act 2026. Community groups will have eight weeks to register an expression of interest, and then up to 18 months to get the bid together and complete the negotiations. As I said, if they are not able to agree the price because of an unreasonable demand from the seller, then—just as with assets of community value—the independent valuer can set the price.