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News Archive - Aug 2007 - Buildstore


Britons travel '125 miles' for perfect property
Britons travel '125 miles' for perfect property

The average Briton has travelled 125 miles in order to move home, and expects to live in five properties over the course of their life, according to n...

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Published: 31/08/2007

 
Remortgaging set to increase in September
Remortgaging set to increase in September

Around 90,000 Britons will spend almost seven hours each looking for a remortgage deal next month, Abbey Mortgages has reported. The lender''s resear...

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Published: 31/08/2007

 
Empty homes on the decrease
Empty homes on the decrease

The number of empty homes in the UK has fallen due to higher demand for housing and tougher laws, it has been asserted. The Empty Homes Agency (EHA) ...

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Published: 31/08/2007

 
UK outperforming neighbours on house prices
UK outperforming neighbours on house prices

Property price growth in the UK has exceeded that found in countries such as France, Ireland and Germany over the past five years, a new report has ...

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Published: 31/08/2007

 
Cost of FTB mortgages rising sharply
Cost of FTB mortgages rising sharply

The cost of a first-time buyer mortgage has risen by ten per cent every year since 1996, research from mform.co.uk has revealed. The firm''s resear...

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Published: 30/08/2007

 
DIY 'still highly popular'
DIY 'still highly popular'

DIY is still a hugely popular past time in the UK despite a growing interest in new build properties, the National Home Improvement Council (NHIC) h...

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Published: 30/08/2007

 
August growth up but longer-term trends less positive
August growth up but longer-term trends less positive

House price growth rose in August but is likely to remain lower for the rest of the year due to a variety of factors, the latest Nationwide House Pric...

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Published: 30/08/2007

 
House price slowdown confirmed for July
House price slowdown confirmed for July

The Land Registry has confirmed the findings of a host of other housing indices by asserting that property price growth did indeed slowdown in Jul...

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Published: 29/08/2007

 
TV shows 'encouraging brown mortgage take-up'
TV shows 'encouraging brown mortgage take-up'

The increasing prominence of property and renovation shows on television has encouraged more people to consider redesigning their own home, which ...

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Published: 29/08/2007

 
Doubts expressed over south-east housing plans
Doubts expressed over south-east housing plans

The Campaign to Protect Rural England (CPRE) has voiced its fears over plans to increase the number of homes set to be built in south-east England ove...

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Published: 29/08/2007

 
Self-builders 'have development advantage'
Self-builders 'have development advantage'

Changes to health and safety requirements for commercial house builders have put self-builders at an advantage when it comes to construction, it has...

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Published: 28/08/2007

 
Britons look for new builds in the country
Britons look for new builds in the country

Britons'' ideal home would be a new build property situated in the countryside, a new study shows, with a three-bedroom home the typical size of the...

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Published: 28/08/2007

 
Parents paying more to help children
Parents paying more to help children

The typical financial contribution made by parents to their children in order help them get onto the housing ladder have risen by more than £3,50...

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Published: 28/08/2007

 
Rural housing facing affordability issues
Rural housing facing affordability issues

An analysis of house prices in 132 rural areas of the UK has found that prices in such regions are around 14 per cent higher than prices in urban area...

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Published: 28/08/2007

 
Oxford green belt 'to be redrawn'
Oxford green belt 'to be redrawn'

Oxford''s green belt is set to be built on following controversial new plans that intend to remove areas of land from the protected area, according ...

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Published: 24/08/2007

 
Buyers moving out of London
Buyers moving out of London

Twenty thousand Britons are leaving London every month, figures from the Office of National Statistics (ONS) have revealed, with house prices seemingl...

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Published: 24/08/2007

 
Snap decisions behind many house purchases
Snap decisions behind many house purchases

A combination of gut feeling and a fear of missing out means that the average amount of time spent looking at a property before purchase is just 17 ...

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Published: 24/08/2007

 
Neighbours 'should work together' to help environment
Neighbours 'should work together' to help environment

Global Action Plan has said that neighbours or small groups of homeowners should collaborate on ways to cut down on energy waste and improve the eco-f...

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Published: 23/08/2007

 
House price inflation set for sharp slowdown
House price inflation set for sharp slowdown

House price growth will fall to low single digit figures next year on the back of lower wage growth and more restrictive lending conditions, Nationwid...

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Published: 23/08/2007

 
First-time buyers 'sacrificing space'
First-time buyers 'sacrificing space'

First-time buyers are increasingly being forced to compromise when it comes to space and other issues so that they can afford to buy their first home,...

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Published: 23/08/2007

 
CPRE highlights problems of Midlands sprawl
CPRE highlights problems of Midlands sprawl

The west Midlands could see a significant increase in the pace of greenfield development over the next few years, putting large portions of its coun...

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Published: 23/08/2007

 
Survey reveals relevant renovations
Survey reveals relevant renovations

A new study investigating what the key features are for homebuyers looking at a property has revealed that a large kitchen is the most important fac...

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Published: 23/08/2007

 
Hips hit by fresh controversy
Hips hit by fresh controversy

Mortgage lenders'' concerns over the objectivity of information contained within Home information packs (Hips) are causing many homeowners to effect...

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Published: 22/08/2007

 
Green building costs 'hugely overestimated'
Green building costs 'hugely overestimated'

The cost of building a green property has been severely overestimated, a new report suggests, with many still unaware of the true effect that enviro...

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Published: 22/08/2007

 
Persimmon to spend more on land, green technologies
Persimmon to spend more on land, green technologies

Britain''s second biggest housebuilding firm has said that it is to focus more on both investing in land and environmentally friendly technologies...

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Published: 22/08/2007

 
Demand for Hips 'exceeding expectations'
Demand for Hips 'exceeding expectations'

Demand for Home information packs (Hips) has exceeded expectations, Simply Hip has said, citing the fact that August is typically a quiet month for sa...

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Published: 21/08/2007

 
Prices rising but trends show slower growth
Prices rising but trends show slower growth

House prices continued to rise in August, with a 0.6 per cent rate of growth double that found in July, but underlying trends indicate that the market...

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Published: 21/08/2007

 
Onsite renewables 'not best route to energy efficiency'
Onsite renewables 'not best route to energy efficiency'

Rumours that the government is planning to alter the Merton Rule because of the way it affects the house-building industry have been backed by the B...

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Published: 21/08/2007

 
TCPA still behind planning gain supplement
TCPA still behind planning gain supplement

The Town and Country Planning Association (TCPA) has said that it is still behind the proposed planning gain supplement (PGS), affirming that it is st...

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Published: 21/08/2007

 
Interest rates fail to deflate housing market buoyancy
Interest rates fail to deflate housing market buoyancy

Recent rises in interest rates have not yet fully impacted on the mortgage market, it has been claimed. According to the Council of Mortgage Lend...

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Published: 20/08/2007

 
Brown ensures land development is at the top of investors' agenda
Brown ensures land development is at the top of investors' agenda

Gordon Brown''s plans to build three million new homes across the UK by 2020 has made investment in land a more attractive prospect, it has been cla...

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Published: 20/08/2007

 
Riba responds to planning white paper
Riba responds to planning white paper

The Royal Institute of British Architects (Riba) has responded to the government''s planning white paper and said it broadly supports many of the meas...

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Published: 17/08/2007

 
Hailsham cited as new build hotspot
Hailsham cited as new build hotspot

Hailsham in East Sussex has been named as the next up-and-coming development spot for the property market, according to one of Britain''s biggest ...

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Published: 17/08/2007

 
House price growth stabilised in July
House price growth stabilised in July

The Assetz House Price Watch has reported that growth in the housing market stabilised in July, with the annualised growth rate standing at 10.1 per c...

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Published: 16/08/2007

 
Builder crackdown welcomed by FMB
Builder crackdown welcomed by FMB

The Federation of Master Builders (FMB) has welcomed moves by the government designed to combat the growing problem of rogue builders. The government...

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Published: 16/08/2007

 
Housing starts down by 10%
Housing starts down by 10%

The Department for Communities and Local Government (DCLG) has said that the number of new homes being built in the three months to June 2007 was down...

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Published: 16/08/2007

 
BPF warns of 'talking at cross-purposes' on greenfield issue
BPF warns of 'talking at cross-purposes' on greenfield issue

The British Property Foundation (BPF) has said that many discussions regarding the government''s plans to build three million new homes over the nex...

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Published: 16/08/2007

 
Planning reforms 'must be open to outside input'
Planning reforms 'must be open to outside input'

The government''s proposal to issue National Policy Statements (NPS) as part of its future house building plans must recognise the need for input from...

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Published: 15/08/2007

 
More borrowers looking to fix
More borrowers looking to fix

The number of borrowers who opted for fixed-rate deals last month reached record levels as more and more homeowners sought stability in the face of un...

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Published: 15/08/2007

 
Britons expecting lower house price growth
Britons expecting lower house price growth

A new study from propertyfinder.com has revealed that 83 per cent of property buyers and sellers in the UK expect prices to continue to rise, but at...

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Published: 15/08/2007

 
Current regulations 'do not go far enough on environment'
Current regulations 'do not go far enough on environment'

The Chartered Institute of Building (CIOB) has announced the results of a survey examining attitudes towards environmentally friendly building project...

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Published: 15/08/2007

 
Self-build scheme wins award
Self-build scheme wins award

The Royal Town Planning Institute (RTPI) has given an award to a self-build scheme designed to help regenerate part of a West Midlands borough, it has...

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Published: 15/08/2007

 
Inflation figures muddy rate outlook
Inflation figures muddy rate outlook

Confusion has arisen once again over whether or not interest rates will rise again this year following the publication of inflation figures for July b...

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Published: 14/08/2007

 
Brownfield land strategy progressing well
Brownfield land strategy progressing well

English Partnerships has reaffirmed its commitment to the government''s policy of using brownfield land for housing development , saying that such ...

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Published: 14/08/2007

 
First time buyer enquiries plummet in July
First time buyer enquiries plummet in July

The number of enquiries made by new buyers in July fell at the fastest pace seen since August 2004, according to the Royal Institution of Chartered Su...

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Published: 14/08/2007

 
Ideal home 'could take decades' to achieve
Ideal home 'could take decades' to achieve

The process of upgrading and renovating properties to the liking of the owner is one that could last for many years before satisfaction is finally ach...

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Published: 13/08/2007

 
Authorities facing 'difficult decisions' over coastline
Authorities facing 'difficult decisions' over coastline

UK authorities must accept the fact that difficult decisions will need to be taken in the fight against coastal erosion, the National Trust has said. ...

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Published: 13/08/2007

 
First time buyers given £1m warning
First time buyers given £1m warning

First time buyers could find themselves forced to pay £1 million for their first property in just 17 years time if house prices continue to acc...

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Published: 13/08/2007

 
House prices surge again
House prices surge again

New figures from the Department for Communities and Local Government (DCLG) show that annual house price inflation stood at its highest level for ov...

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Published: 13/08/2007

 
Price growth continues in spite of rate hikes
Price growth continues in spite of rate hikes

The annual rate of price growth in the UK property market continues to run at levels seen earlier this year despite three interest rate rises since ...

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Published: 10/08/2007

 
British market driven by 'property culture'
British market driven by 'property culture'

Britain''s '' property culture'' means there is a continued interest in all aspects of the property market, from buy-to-let to home improvements, t...

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Published: 10/08/2007

 
Britons still in love with gardens
Britons still in love with gardens

More than three quarters of all Britons say they would be prepared to pay a premium for a property with a garden, according to new research. A stud...

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Published: 10/08/2007

 
FTB transformation 'not just economic'
FTB transformation 'not just economic'

Over three quarters of consumers believe that affordability for first-time buyers is at its worst ever level, but a study from GE Money Home Lending s...

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Published: 10/08/2007

 
Floods 'will not hinder brownfield development'
Floods 'will not hinder brownfield development'

The severe flooding that took place across many parts of the country last month will not prevent brownfield redevelopment work from continuing, it has...

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Published: 09/08/2007

 
Smaller firms falling behind on green housing demands
Smaller firms falling behind on green housing demands

Smaller building firms must act quickly if they are to comply with government demands for green housing, the Federation of Master Builders (FMB has sa...

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Published: 09/08/2007

 
Government secures green housing commitment
Government secures green housing commitment

The government has announced that it has secured agreements from both housebuilders and councils regarding the provision of environmentally-friendly h...

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Published: 09/08/2007

 
Variable-rate deals gaining in popularity
Variable-rate deals gaining in popularity

Borrowers are showing an increased interest in variable-rate deals, new research from Spicerhaart Financial Services has shown, though fixed-rate prod...

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Published: 09/08/2007

 
Average house prices to top £300k in 5 years
Average house prices to top £300k in 5 years

The average price of a property in the UK is expected to exceed £300,000 within the coming five years, according to new reports from the Nation...

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Published: 08/08/2007

 
First-time buyers want to be near work
First-time buyers want to be near work

New buyers are more likely to choose properties that are in close proximity to their place of work, with reports showing that young professionals prio...

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Published: 08/08/2007

 
Planning decisions urged to consider wildlife
Planning decisions urged to consider wildlife

Pressure is being placed on housebuilders in the UK to take wildlife concerns into account n order to protect the environment and ensure that natural ...

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Published: 08/08/2007

 
Persimmon secures brownfield site
Persimmon secures brownfield site

Persimmon Homes has announced that it has secured more than one and a quarter acres worth of brownfield land for development in Grantham. The firm...

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Published: 07/08/2007

 
Hips rollout going well
Hips rollout going well

The rollout of Home information packs (Hips) has begun well, with packs being delivered to estate agents in under 48 hours, according to the Associa...

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Published: 07/08/2007

 
Britons critical of home developers
Britons critical of home developers

A new study investigating Britons'' attitudes to environmental issues has revealed that a significant number are critical of the efforts of home deve...

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Published: 07/08/2007

 
Weaker sales could mean rates stay the same
Weaker sales could mean rates stay the same

Figures from the British Retail Consortium (BRC) showing that retail sales growth slowed in June could mean that the Bank of England opts to leave int...

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Published: 07/08/2007

 
Wet weather 'has not affected market'
Wet weather 'has not affected market'

This summer''s flooding and heavy rainfall has not had an unduly negative effect on the building market, the Builders Merchants Federation (BMF) has s...

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Published: 06/08/2007

 
DIY 'second most popular leisure pursuit'
DIY 'second most popular leisure pursuit'

Britons are spending thousands of pounds a year on DIY , a new survey revealed, with the pursuit ranked as one of the most popular pastimes for adult...

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Published: 06/08/2007

 
Price forecast 'should be catalyst for homebuilding'
Price forecast 'should be catalyst for homebuilding'

A report revealing that house prices are set to rise by 40 per cent to reach an average of £300,000 by 2012 means that it is crucial that governm...

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Published: 06/08/2007

 
Fixed-rates 'not necessarily the best option'
Fixed-rates 'not necessarily the best option'

According to the Council of Mortgage Lenders, over three quarters of all mortgages taken out in May were fixed-rate products– but variable mort...

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Published: 03/08/2007

 
Homeowners cautioned over cowboy builders
Homeowners cautioned over cowboy builders

Homeowners have been advised against agreeing to use builders who approach them offering to do jobs by the Federation of Master Builders (FMB). The F...

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Published: 03/08/2007

 
Farmland prices up by 27%
Farmland prices up by 27%

The average price of farmland in the UK rose by 27.3 per cent in the 12 months to June of this year, Knight Frank has reported, with price growth stan...

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Published: 03/08/2007

 
HCRs 'should be part of Hips'
HCRs 'should be part of Hips'

Home Condition Reports (HCRs) should once again be made a mandatory part of the recently-launched Home information packs (Hips), the Association of Ho...

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Published: 03/08/2007

 
Call for stamp duty rebates on green upgrades
Call for stamp duty rebates on green upgrades

Homeowners who make environmentally friendly upgrades to their homes should see their efforts rewarded via a rebate on their stamp duty payments and V...

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Published: 02/08/2007

 
Plymouth receives £3m for new homes
Plymouth receives £3m for new homes

Plymouth, one of the areas recently mentioned by the government as a centre for redeveloping brownfield sites, is to receive extra funding amounting t...

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Published: 02/08/2007

 
Interest rates remain at 5.75 per cent
Interest rates remain at 5.75 per cent

In a widely-expected move, interest rates have been held at 5.75 per cent, the Bank of England has announced. Attention now turns to the Bank''s long...

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Published: 02/08/2007

 
House price growth up again
House price growth up again

Despite recent studies asserting that house price growth is now slowing down, the latest house price index from Halifax has found that July saw a 0.3 ...

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Published: 02/08/2007

 
Grant system to be clarified to homeowners
Grant system to be clarified to homeowners

Communities and Local Government (CLG) has announced the introduction of a new scheme designed to encourage homeowners to make environmentally-friendl...

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Published: 01/08/2007

 
Welsh Assembly to investigate brownfield land
Welsh Assembly to investigate brownfield land

The Welsh Assembly is to fund a number of clean-up projects around the country aimed at providing more brownfield land for development , it has bee...

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Published: 01/08/2007

 
Britain 'facing huge skills shortage'
Britain 'facing huge skills shortage'

A lack of skilled tradesmen across Britain has now become apparent and could even jeopardise construction work scheduled to take place in preparation ...

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Published: 01/08/2007

 
Hips rolled out but criticism continues
Hips rolled out but criticism continues

Home information packs (Hips) come into force today (August 1st) but the government continues to be criticised on both the way the scheme has been imp...

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Published: 01/08/2007

 

 
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