Affordable Housing and Fair Mortgage Bill 2018

An Act to highlight the State's adherance to EU law and the European Convention on Human Rights in regard to the present emergency in the housing sector and, in particular, in dealing with mortgage arrears; to provide for a platform for an open market - "the national affordable cooperative housing exchange"- in which mortgagees and purchasers of home loans and security housing must deal; to secure for preferred not-for-profit housing providers a purchasers first refusal on such sales via a non-compulsory purchase order call option; to designate the registrar of friendly societies as the exchange point for such sales; to promote not-for-profit third sector non-state provision of affordable housing ranging from mutually funded to internationally funded in the ethical bond market; to allow for the broadening of the mortgage to rent mortgage rescue model to be available without any local authority involvement to voluntary, mutual and not-for-profit housing providers funded privately and without recourse to public funds or state guarantee; and to provide for reconfiguring Abhaile as a mortgage resolution agency