Press releases
Most recent press releases are listed first. Use the search options on the left to filter news and click on the title to read the full story.
CML comments on Bank of England mortgage data
29 July 2010Today's Bank of England lending data for June confirms that a quiet mortgage market is set to remain into the autumn.
Gross mortgage lending up 15% in June
20 July 2010Gross mortgage lending in June was an estimated £13.1 billion, according to new data from the Council of Mortgage Lenders.
CML responds to FSA responsible lending proposals
13 July 2010In response to the FSA's consultation paper on responsible lending, the Council of Mortgage Lenders emphasises that the mortgage industry recognises the inevitability of regulatory change - but points out that there may also be unwelcome side effects for consumers from this process.
Movers spend lowest ever average proportion of income on their mortgages
12 July 2010Borrowers moving home in May saw their mortgage interest payments accounting for the lowest proportion of their income in 35 years.
CML responds to FSA policy announcements
25 June 2010We respond to the FSA's policy statements on arrears, approved persons, and sale and rent back, and look ahead to the next steps in the FSA's mortgage market review.
CML urges Treasury to grasp opportunity to improve building society prospects
24 June 2010We have responded to the Treasury consultation on building society capital, urging that the government considers capital issues alongside regulatory and funding issues, to allow building societies to play their role in the restoration of a healthy and competitive mortgage market.
CML initial reaction to Budget
22 June 2010We respond pragmatically to a Budget that will impact on the housing market, but which contains few surprises given the wide trailing of the "tough measures" that the Chancellor imposed.
Gross mortgage lending up 7% in May
18 June 2010Gross mortgage lending totalled an estimated £11.3 billion in May, according to new data from the Council of Mortgage Lenders.
CML comment on mortgage lending cap speculation
16 June 2010The Council of Mortgage Lenders responds to today's speculation that the Chancellor is set to announce new Bank of England powers to impose limits on the type of mortgage lending that lenders will be able to undertake.
Lowest share of house purchase market for first-time buyers since 2007
15 June 2010First-time buyers made up the lowest proportion of house purchase loans since September 2007, accounting for 35% of all house purchase mortgages, down from 39% in March and 38% in April 2009.
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