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The Home Purchase Assistance (Price-limits) Order 1989

S.I. 1989/137 · Made 2 February 1989

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

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 1985f1, and the Secretary of State for Scotland, as respects Scotland, in exercise of his powers under section 222 of the Housing (Scotland) Act 1987f2, and of all other powers enabling them in that behalf, hereby make the following Order:

Annotations to the whole text

Footnotes

f1

1985 c. 68.

f2

1987 c. 26.

Contents

  1. 1Citation and Commencement
  2. 2Prescribed price-limits
  3. 3Revocation
  4. Signature
  5. Schedule Schedule
  6. Explanatory note

1Citation and Commencement

This Order may be cited as the Home Purchase Assistance (Price-limits) Order 1989 and comes into force on 2nd March 1989.

2Prescribed price-limits

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.

3Revocation

The Home Purchase Assistance (Price-limits) Order 1988f1 is hereby revoked.

Signature

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

Explanatory note

(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.