Section 18 Loans for mortgage interest etcI1
The Secretary of State may by regulations provide for loans to be made in respect of a person's liability to make owner-occupier payments in respect of accommodation occupied by the person as the person's home.
The regulations may make provision about eligibility to receive a loan under the regulations.
Regulations under subsection (2) may in particular require that a person—
is entitled to receive income support, income-based jobseeker's allowance, income-related employment and support allowance, state pension credit or universal credit;
has received such a benefit for a period prescribed by the regulations.
The regulations may make provision about the liabilities in respect of which a loan under the regulations may be made.
Regulations under subsection (4) may in particular provide that a loan under the regulations may only be made if, and to the extent that, a person's liability to make owner-occupier payments was incurred for purposes prescribed by the regulations.
Regulations under subsection (4) may in particular make provision about—
determining or calculating the amount of a person's liabilities;
the maximum amount of a person's liabilities in respect of which a loan under the regulations may be made.
The regulations may—
make provision about determining or calculating the amount that may be paid by way of loan under the regulations;
require that a loan under the regulations be secured by a mortgage of or charge over a legal or beneficial interest in land or, in Scotland, by a heritable security.
The regulations may define “owner-occupier payment”.
Regulations under this section may make different provision for different purposes.
Regulations under this section must be made by statutory instrument.
A statutory instrument containing regulations under this section is subject to annulment in pursuance of a resolution of either House of Parliament.
Annotations
Commencement
- I1
S. 18 in force at 3.4.2017 by S.I. 2017/111, reg. 3(d)