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Local House Building Slows Down as Repossessions Rise
Sunday, 19 October 2008
The slowdown in the housing market is now biting in Tamworth the Conservative’s Parliamentary Spokesman, Christopher Pincher says.

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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
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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