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Policy imageOur policy work provides a vital link between lenders, government and other key stakeholders. We work with the industry to identify and communicate policy across a wide spectrum - from valuation issues to arrears and possessions. To see what we are working on in 2014 please view CML policy priorities. Our policy pages will give you an insight into our key policy positions through to our written communications to ministers and other policy makers.

Latest policy issues Latest circulars
  1. Land Registration (Scotland) Act 2012

    17 Oct 14
  2. EU Directive on responsible lending and borrowing (now called the Directive on credit agreements relating to residential property)

    26 Jun 14
  3. FCA regulation publications: summary and CML actions

    7 May 14
  1. Scottish Budget 2015/16

    9 Oct 14
  2. Land Registry practice change in relation to restrictions on leasehold titles

    10 Oct 14
  3. FPC statement on housing market powers and assessment of Help to Buy: Mortgage guarantee

    2 Oct 14

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Latest policy responses

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CML Response to Consultation by Registers of Scotland on Completion of the Land Register

PDF | 20 Oct 14
We have responded to the consultation by the Registers of Scotland on the proposal to complete the registration of all land in Scotland over the next 10 years. While welcoming this development given the advantages of the Land Register over the Sasine Register we have highlighted that we believe that service standards need to be developed to ensure that lender’s security is registered timeously and they are not exposed to the risk of loss. We have also mentioned that work needs to be carried out on the impact on lender’s re-mortgage processes where the property is currently recorded in the Sasine Register.

CML response to Scottish Parliament Finance Committee to the Land and Buildings Transaction Tax (LBTT) bands and rates for

PDF | 17 Oct 14
We have responded to a call from the Scottish Parliament Finance Committee for evidence on the proposed rates and bands for Land and Buildings Transaction Tax which will replace Stamp Duty Land Tax in Scotland from 1 April 2015. While being supportive of what the Scottish Government is proposing we have highlighted the need to monitor the impact on the sections of the housing market which will pay more in LBTT and thereby potentially impact on their recovery.

CML response to FCA's discussion paper on the fairness of changes to mortgage contracts

PDF | 13 Oct 14
We have responded to the FCA's discussion paper on the fairness of changes to mortgage contracts. Our view is that the FCA’s discussion paper gives firms enough information to understand how the FCA evaluates the fairness of changes to contract terms. Each case will be judged on its facts so there are limits to how far an approach can be generalised.

Guidance NOTES   Useful links

These notes have been produced for people working within the mortgage profession and provide advice on best practice. They cover shared ownership issues, equity release and lifetime mortgages and mortgage redemption statements.


Use this section to search for organisations that produce research or represent a profession or sector that has an impact on the housing and mortgage markets.

View guidance notes
View useful links