I have a problem with my classic turbo 2000. When driving there is a loud squeak coming from my drivers side rear wheel like the noise when your pads are low but louder I can even hear it over the burble of the Scooby. However after I took the car out today the squeak was there but it also felt like the car was holding back so I pulled over and my rear drivers side alloy was boiling hot any ideas what could be up please people as I tought it may be pads but now thus with my alloy its baffled me!!

 

Seized rear caliper almost definatly. holding the brakes on

 

Seized caliper. The easiest fix is just to swap it for a replacement s/h one, they're not expensive and it's much quicker than trying to fix the one you have IMHO.