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Paragraph 2

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The fact that initial costs are likely to be incurred by a secure tenant exercising the right to buy.

(2)

The reference in paragraph (1) to initial costs includes costs in respect of—

(a)

stamp duty;

(b)

legal and survey fees;

(c)

valuation fees and costs associated with taking out a mortgage.