The Assured Tenancies (Prescribed Amount) Order 1987
1.
This Order may be cited as the Assured Tenancies (Prescribed Amount) Order 1987 and shall come into force on 25th February 1987.
2.
The prescribed amount for the purposes of section 56B of the Housing Act 1980 is—
(a)
in the case of a dwelling-house in Greater London, £7,000; and
(b)
in the case of a dwelling-house elsewhere in England or Wales, £5,000.
3.
Assured tenancies are tenancies which would otherwise have been protected tenancies or housing association tenancies under the Rent Act 1977 (c. 42). They are subject to Part II of the Landlord and Tenant Act 1954 (c. 56), as modified by Schedule 5 to the Housing Act 1980.
For a dwelling-house to be let on an assured tenancy, one of two sets of conditions must be fulfilled. Under the conditions dealt with in section 56B of the Housing Act 1980, works must have been carried out involving expenditure of a prescribed amount attributable to the dwelling-house. Attributable expenditure includes money spent on works to the dwelling-house itself and to land or buildings let with it. In the case of a flat, it also includes a proportion of money spent on works to the structure and common parts of the building.
This Order increases the amounts from those prescribed in the Assured Tenancies (Prescribed Amount) Order 1986, which is revoked, by £2,000 in the case of Greater London and £1,000 elsewhere.