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Local House Building Slows Down as Repossessions Rise |
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Sunday, 19 October 2008 |
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The
slowdown in the housing market is now biting in Tamworth
the Conservative’s Parliamentary Spokesman, Christopher Pincher says.
Until
recently a magnet for brown field site building, housing developments in
Tamworth are now becoming ghost towns of deserted building sites and unsold new
properties. On Quarry Hill, flats built a year ago are being offered “to
move in” for £99. In Two Gates building work has slowed right down
whilst on the old Dumulos Farm site on Dumulos Lane, no one seems to be working.
Mr.
Pincher said:
“I
was out with my team in Glascote village campaigning for action to reduce the
cost of living on hard pressed families. Walking past deserted developments
like the one in Dumulos Lane
brings home to you just how the credit crunch is biting. The construction
industry – which employs many people directly or indirectly – is on
its knees. At the same time the horror of home loss is being realised by more
and more people. In just a few hundred yards I saw three houses with
repossession notices in their windows – one in Wyvern and two on the Glascote Road.
Three empty houses which were once people’s homes.”
“Action
is needed to help the housing market and to help hard pressed families keep
down the cost of living so they can hang onto their homes.”
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Cost of Living Campaign goes to Lichfield District |
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Thursday, 02 October 2008 |
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Hard
working families across Lichfield district
will find it even tougher to cope with the soaring cost of living, Christopher
Pincher, Shenstone, Stonnall & Elford’s Conservative Parliamentary
Spokesman warned this week, thanks to Gordon Brown’s plans to hike taxes
on family cars.
And
in many communities where local shops and post offices have already disappeared
a car is not a luxury, it is an essential for many people.
Fuel
prices at the pump are rocketing and households face spiralling gas and electricity
bills on top of ever-higher council tax. The cost of driving a car will soon be
even more expensive. Low-income households in rural communities will be the
hardest hit, just as they have been with the 10p income tax hikes.
The
Government is to change the way that Vehicle Excise Duty (VED) is calculated to
raise an extra £2.5billion for Gordon Brown’s coffers. Family cars
face higher VED as well as a ‘showroom tax’ for new cars. The VED
tax will be retrospective – so any car bought after 2001 will be hit by
the higher tax rates. This will lead in turn to a plummeting re-sale price for
second-hand cars. This will make it more difficult for people to replace their
car and upgrade to a new or better one.
For
example, the tax bill for a typical Ford Mondeo will rise from £210 to
£310 a year, with a new £500 showroom tax on top. Yet, even the
Government’s own estimates show that carbon dioxide emissions from
motoring will hardly be cut at all. Even a Nissan Micra will soon cost
£200 to tax.
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