1995 No. 211
HOUSING, ENGLAND AND WALES
The Housing (Right to Buy) (Priority of Charges) Order1995
30th January 1995
Coming into force
20th February 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) Order 1995 and shall come into force on 20th February 1995.
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)Darlington Mortgage Services Limited;
(b)Furness Mortgage Services Limited;
(c)Gracechurch Mortgage Finance (No. 5) Limited;
(d)Homeloans Direct Limited;
(e)Ipswich Mortgage Services Limited;
(f)LBS Insurance Services Limited;
(g)LBS Mortgage Services Limited;
(h)Leamington Mortgage Corporation Limited;
(i)Leeds and Holbeck Mortgage Funding Limited;
(j)N & P Mortgages Limited;
(k)N & P Mortgages Series A Limited;
(l)N & P Mortgages Series B Limited;
(j)N & P Mortgages Series C Limited;
(n)S.A. Mortgages No. 1 Limited.
Signed by authority of the Secretary of State
Minister of State,
Department of the Environment
23rd January 1995
Two of the Lords Commissioners of Her Majesty’s Treasury
30th January 1995
(This note is not part of the Order)
This Order specifies fourteen 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).