The Housing (Right to Buy) (Priority of Charges) (No. 2) Order 1988
Right to buy your home
King's Printer of Acts of Parliament
2017-03-10
HOUSING, ENGLAND AND WALES
Under the Housing Act 1985 (“the 1985 Act”) liability to repay discount following the exercise of the right to buy is secured by a charge on the dwelling-house. Such a charge does not have priority over certain charges securing advances by bodies which are approved lending institutions for the purposes of section 156 of that Act.
Nicholas RidleySecretary of State for the Environment
Peter WalkerSecretary of State for Wales
We consent,
David LightbownTony DurantTwo of the Lords Commissioners of Her Majesty’s Treasury