Section 453: Further advances in case of disposal on shared ownership lease.

Housing Act 1985 · 1985 c. 68View on legislation.gov.uk

Part XIV: LOANS FOR ACQUISITION OR IMPROVEMENT OF HOUSING

Where—

a lease of a house, granted otherwise than in pursuance of the provisions of part V (the right to buy) relating to shared ownership leases, contains a provision to the like effect as that required by paragraph 1 of Schedule 8 (terms of shared ownership lease: right of tenant to acquire additional shares), and
a housing authority (other than the Homes and Communities Agencyor the Greater London Authority) has, in the exercise of any of its powers, left outstanding or advanced any amount on the security of the house.

that power includes power to advance further amounts for the purpose of assisting the tenant to make payments in pursuance of that provision.

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Reuse reviewed 21 August 2026 under Open Government Licence v3.0.