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Statutory Instruments
1995 No. 2066
HOUSING, ENGLAND AND WALES
The Housing (Right to Buy) (Priority of Charges) (No. 2) Order 1995
Made
31st July 1995
Coming into force
21st August 1995
The Secretary of State, in exercise of the powers conferred on him by section 156(4) of the Housing Act 1985(1) and of all other powers enabling him in that behalf, and with the consent of the Treasury, hereby makes the following Order-
Citation and commencement
1. This Order may be cited as the Housing (Right to Buy) (Priority of Charges) (No. 2) Order 1995 and shall come into force on 21st August 1995.
Specified Bodies
2. The following bodies are hereby specified as approved lending institutions for the purposes of section 156(2) of the Housing Act 1985 (priority of charges)-
(a)Barshelfco (No. 68) Limited;
(b)C L Mortgages Limited;
(c)Legal & General Mortgages Limited;
(d)Market Harborough Mortgages Limited;
(e)Newbury Mortgage Services Limited;
(f)West Bromwich Mortgage Company Limited.
Signed by authority of the Secretary of State
David Curry
Minister of State,
Department of the Environment
24th July 1995
We consent,
Simon Burns
Bowen Wells
Two of the Lords Commissioners of Her Majesty's Treasury
31st July 1995
Explanatory Note
(This note is not part of the Order)
This Order specifies six additional bodies as approved lending institutions for the purposes of section 156 of the Housing Act 1985 (priority of charges on disposals under the right to buy). Other bodies have been specified by previous Orders. Such bodies are also approved lending institutions for the purposes of section 36 of that Act (priority of charges on voluntary disposals by local authorities) and paragraph 2 of Schedule 2 to the Housing Associations Act 1985 (priority of charges on voluntary disposals by registered housing associations).
1985 c. 68; section 156(4) was amended by the Housing Act 1988 (c. 50), Schedule 17, paragraph 106.
Section 156 was also amended by the Housing and Planning Act 1986 (c. 63), Schedule 5, paragraph 1(2) and (5) and by section 120(3) and (4) of the Leasehold Reform, Housing and Urban Development Act 1993 (c. 28).