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United Kingdom Statutory Instruments |
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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Home Purchase Assistance (Price-limits) Order 1989 No. 137 URL: http://www.bailii.org/uk/legis/num_reg/1989/uksi_1989137_en.html |
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Statutory Instruments
HOUSING, ENGLAND AND WALES
HOUSING, SCOTLAND
Made
2nd February 1989
Laid before the House of Commons
9th February 1989
Coming into force
2nd March 1989
The Secretary of State for the Environment, as respects England, and the Secretary of State for Wales, as respects Wales, in exercise of their powers under section 445 of the Housing Act 1985(1), and the Secretary of State for Scotland, as respects Scotland, in exercise of his powers under section 222 of the Housing (Scotland) Act 1987(2), and of all other powers enabling them in that behalf, hereby make the following Order:
1. This Order may be cited as the Home Purchase Assistance (Price-limits) Order 1989 and comes into force on 2nd March 1989.
2. The amounts mentioned in the Schedule to this Order are prescribed as the price-limits for the purposes of section 445 of the Housing Act 1985 or section 222 of the Housing (Scotland) Act 1987 (as the case may be) in respect of house property situated in the areas mentioned in relation thereto in that Schedule.
3. The Home Purchase Assistance (Price-limits) Order 1988(3) is hereby revoked.
Nicholas Ridley
Secretary of State for the Environment
30th January 1989
Wyn Roberts
Minster of State, Welsh Office
31st January 1989
Malcolm Rifkind
Secretary of State for Scotland
2nd February 1989
| The counties of Cleveland, Durham, Northumberland and Tyne and Wear | £31,100 |
| The counties of Humberside, North Yorkshire, South Yorkshire and West Yorkshire | £31,900 |
| The counties of Derbyshire, Leicestershire, Lincolnshire, Northamptonshire and Nottinghamshire | £39,200 |
| The counties of Cambridgeshire, Norfolk and Suffolk | £57,400 |
| Greater London | £83,600 |
| The counties of Bedfordshire, Berkshire, Buckinghamshire, East Sussex, Essex, Hampshire, Hertfordshire, Isle of Wight, Kent, Oxfordshire, Surrey and West Sussex | £69,900 |
| The counties of Avon, Cornwall, Devon, Dorset, Gloucestershire, Somerset and Wiltshire and the Isles of Scilly | £54,900 |
| The counties of Hereford and Worcester, Shropshire, Staffordshire, Warwickshire and West Midlands | £37,000 |
| The counties of Cheshire, Cumbria, Greater Manchester, Lancashire and Merseyside | £31,900 |
| Wales | £34,400 |
| Scotland | £34,900 |
(This note is not part of the Order)
Assistance for first-time purchasers of house property, under section 446 of the Housing Act 1985 in England and Wales and under section 223 of the Housing (Scotland) Act 1987 in Scotland, may take the form of a bonus of up to £110 on savings and a loan of £600 additional to that which the lending institution would otherwise have made and free of any obligation to repay principal or interest for up to five years. Assistance is only available where the purchase price of the property is within the limit prescribed by the Secretary of State. This Order prescribes limits for different areas which are higher than those prescribed by the Home Purchase Assistance (Price-limits) Order 1988, which is revoked.
