(1) This Order may be cited as the Housing (Right to Buy) (Priority of Charges) (England) (No 2) Order 2001 and shall come into force on 15th October 2001.
(2) This Order extends to England only.
Specified date: 15 October 2001: see para (1) above.
The following bodies are hereby specified as approved lending institutions for the purposes of section 156 of the Housing Act 1985 (priority of charges)—
(a) igroup Mortgages Limited—Company No 3770776.
(b) igroup UK Loans Limited—Company No 3749420.
(c) igroup 2 Limited—Company No 3610605.
(d) igroup 3 Limited—Company No 3730890.
(e) igroup 4 Limited—Company No 3797432.
(f) igroup 5 Limited—Company No 3770763.
Specified date: 15 October 2001: see art 1(1).
Signed by authority of the Secretary of State
for Transport, Local Government and the Regions.
Sally Keeble
Parliamentary Under-Secretary of State,
Department for Transport, Local Government and the Regions
24th September 2001
This Order specifies six 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. In being specified for the purposes of that section, the bodies thereby also become approved lending institutions for the purposes of section 36 of the 1985 Act (priority of charges on voluntary disposals by local authorities) and section 12 of the Housing Act 1996 (priority of charges on voluntary disposals by registered social landlords).
As section 156 of the Housing Act 1985 is applied by section 171A of that Act for cases in which a tenant's right to buy is preserved and by section 17 of the Housing Act 1996 for cases in which a tenant has the right to acquire under section 16 of the 1996 Act, the specified bodies are also approved lending institutions for the purposes of those rights.
