Housing Loans Regulations (Fresh Start - Buyout) (Amendment) Bill 2026

Plain-English summary AI · claude-haiku-4-5-20251001

Amends Housing Loans Regulations 2021 to let people stay in family home after divorce/separation by getting local authority housing loans to buy out their ex-partner's share.
Allows those who remain in the family home post-divorce to access mortgage finance from local authorities for buyout purposes, previously unavailable under existing regulations.
Removes barrier preventing divorced/separated persons from obtaining local authority housing loans when one partner stays in and needs to purchase the other's stake in the property.