# Housing Act 1985, Section 437: Power of local authority on disposal to leave amount outstanding on mortgage.


On the disposal of a house under section 32 (disposal by local authority of land held for purposes of Part II(—
(a) by way of sale, or
(b) by the grant or assignment of a lease at a premium
the local authority may agree to the price or premium, or part of it, and any expenses incurred by the purchaser, being secured by a mortgage of the premises.

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Source: https://www.legislation.gov.uk/ukpga/1985/68/section/437 (the official version)
Page: https://openlegislation.uk/housing-act-1985/section-437
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.