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02/09/08 : Anneliese welcomes Labour's homes package - contrast with the Tories could not be greater
The £1Billion pledged by the Labour Government to help the housing market,
including a one-year holiday on stamp duty for all properties costing £175,000
or less, a shared equity scheme to help first-time buyers get on the housing ladder,
and a mortgage rescue scheme for people in difficulties, has been welcomed by
Anneliese Dodds, Labour's prospective candidate for Reading East, who says the plans
represent a real attempt to help British families hard hit by the world financial
crisis.
And she has contrasted them with the Tory pledge revealed in the Daily Telegraph
earlier in the week to raise the threshold for Inheritance Tax to £2Million, more
than ten times the price of the average house sold in the U.K. "Labour," Anneliese
says, "remains committed to helping the many not the few".
The Government's decision on stamp duty will see around half of all house moves
exempt from duty over the next twelve months, and Labour is also bringing forward
funding to help construction of more social housing.
Anneliese says: "Every country in the developing world is being hit by the
combination of the credit crunch and rising food and energy prices, and Alistair
Darling was right to say this meant Britain too. Labour is recognising that global
challenge but working hard to cushion the impact here in Britain. Particularly when
times are hard, people need a Government that's on their side, not one pandering to
millionaires."
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