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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

    7 Aug 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. HM Treasury consultation on implementing the Mortgage Credit Directive

    5 Sep 14
  2. 'Lender Exchange' launch

    19 Aug 14
  3. Arrears and possessions data - Q2 2014

    14 Aug 14

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Latest policy responses

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CML responds to DEFRA on Flood Re regulations

PDF | 15 Sep 14
We have responded to the DEFRA consultation on implementing regulations for the Flood Re scheme. Although the regulations provide clarity in some areas, in others more detail is needed. We have flagged the need to ensure changes in premiums and excesses over time are manageable for households, and that government and the industry should monitor the impact of the changes and ensure households excluded from the scheme are not disadvantaged.

CML response to Department for Transport: Property Consultation 2014 for the London-West Midlands HS2 route

PDF | 15 Sep 14
The CML has responded to the government’s consultation on two additional property compensation proposals for the London-West Midlands route, which are aimed at encouraging eligible homeowners to stay in the community, by virtue of granting cash payments to them. We are broadly supportive of the two proposals, however we would like the government to provide more detail about how the cash payments may be recovered in the event that a property later becomes eligible under other compensatory measures. We also urge the government to reconsider the scope of the compensation measures to cover properties in the private rented sector and properties over bored tunnels.

CML response to FCA consultation: FCA's consultation on implementing the Financial Policy Committee's recommendations on limiting the amount of lending at and above 4.5-times the borrower's income

PDF | 5 Sep 14
The CML has responded to the FCA's consultation on implementing the Financial Policy Committee's recommendations on limiting the amount of lending at and above 4.5-times the borrower's income. The CML explains the recommendation as currently specified will have substantial impacts on high net worth clients who also have substantial assets. We encourage use of an exemption for high net worth clients that takes account of the borrower's assets.

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