Laws and regulations

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Mortgages

Consumer Mortgage Act

• Consumer Mortgage Act, 2016 no. 118, 20 October

• Bill on consumer mortgages

• Committee report

• Further committee report with an amendment

• Submissions and comments

• Amendments

  • a. From the majority of the Economic Affairs and Trade Committee

  • b. From Frosti Sigurjónsson

Act on payment equalisation of mortgage loans for individuals

• Act on payment equalisation of mortgage loans for individuals, 1985 no. 63, 26 June

• Bill on payment equalisation of mortgage loans for individuals

• Bill on payment equalisation of mortgage loans for individuals, after 2nd reading in the Lower House, 6 June)

• Committee report

  • a. From the majority of the Finance and Trade Committee

  • b. From the minority of the Finance and Trade Committee

• Amendments

  • a. From Jóhanna Sigurðardóttir (923)

  • b. From the majority of the Finance and Trade Committee

  • c. Frá minni hluta fjárhags- og viðskiptanefndar (1143)

  • d. Frá Jóhönnu Sigurðardóttur (1167)

  • e. Frá minni hluta fjárhags- og viðskiptanefndar (1201)

  • f. From Eiður Guðnason

Act on interest and indexation

• Act on interest and indexation, 2001 no. 38, 26 May

• Bill on interest and indexation

• Bill on interest and indexation (after 2nd reading, 18 May)

• Committee report

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Act on support for first-home purchase

• Act on support for first-home purchase, 2016 no. 111, 19 October

• Bill on support for first-home purchase

• Committee report

  • a. From the majority of the Economic Affairs and Trade Committee

  • b. From the minority of the Economic Affairs and Trade Committee

  • c. From the 2nd minority of the Economic Affairs and Trade Committee

  • d. From the 3rd minority of the Economic Affairs and Trade Committee

• Submissions and comments

• Amendments

  • a. From the majority of the Economic Affairs and Trade Committee

  • b. Frá Frosta Sigurjónssyni (1760)

  • c. Frá Frosta Sigurjónssyni (1786)

Act on the division of mortgage loans

• Act on the division of mortgage loans, 1937 no. 39, 13 June

• Bill on the division of mortgage loans

• Bill on the division of mortgage loans (after 2nd reading in the Lower House

• Committee report

• Amendment

Act on temporary payment adjustment of mortgage claims on residential property

• Act on temporary payment adjustment of mortgage claims on residential property, 2009 no. 50, 21 April

• Bill on temporary payment adjustment of mortgage claims on residential property

• Committee report

• Amendment

Act on the correction of indexed mortgage loans

• Act on the correction of indexed mortgage loans, 2014 no. 35, 17 May

• Bill on the correction of indexed mortgage loans

• Bill on the correction of indexed mortgage loans (after 2nd reading, 16 May)

• Committee report

  • a. From the 4th minority of the Economic Affairs and Trade Committee

  • b. From the 3rd minority of the Economic Affairs and Trade Committee

  • e. From the 2nd minority of the Economic Affairs and Trade Committee

  • c. From the 1st minority of the Economic Affairs and Trade Committee

  • d. From the majority of the Economic Affairs and Trade Committee

• Amendment

  • a. Árni Páll Árnason

  • b. Steingrímur J. Sigfússon

Act on the authority to defer payments on indexed housing loans

• Act on the authority to defer payments on indexed housing loans, 1983 no. 81, 28 December 

• Bill on the authority to defer payments on indexed housing loans

• Committee report

• Amendment

Act on credit rating agencies

• Act on credit rating agencies, 2017 no. 50, 14 June

• Bill on credit rating agencies

• Bill on credit rating agencies (after 2nd reading, 31 May)

• Committee report

  • a. Majority of the Economic Affairs and Trade Committee

  • b. Minority of the Economic Affairs and Trade Committee

• Amendment

Decree on the endorsement of instalments on bonds

• Decree on the endorsement of instalments on bonds, 1798, 9 February

Consumer Credit Act

• Consumer Credit Act, 2013 no. 33, 27 March 

• Bill on consumer credit

Other

• Regulation no. 1586/2022 on support for first-home purchase.

• Regulation no. 1351/2021 on the maximum loan-to-value ratio and maximum amount of HMS mortgage bonds.

• Regulation no. 1350/2021 on HMS loan categories.

• Regulation no. 1084/2020 on shared-equity loans.

• Regulation no. 805/2020 on HMS lending for the construction or purchase of rental flats.

• Regulation no. 270/2017 on consumer mortgages.

• Regulation no.970/2016 on ÍLS mortgage bonds and housing bonds.

• Regulation no. 965/2013 on the calculation of the annual percentage rate of charge.

• Regulation no. 921/2013 on the standard form a lender uses to give the consumer information before a loan agreement is concluded.

• Regulation no. 920/2013 on creditworthiness and affordability assessment.

• Regulation no. 359/2010 on the handling of Íbúðalánasjóður claims that have lost their mortgage security.

• Regulation no. 7/2010 on the letting of Íbúðalánasjóður auction flats.

• Regulation no. 1059/2008 on the deadline for individuals to request payment equalisation of mortgage loans.

• Regulation no. 584/2001 on measures to address payment difficulties on Íbúðalánasjóður loans.