CML news & views

The lending industry remains committed to tackling mortgage fraud. Now, it has signed up with 36 other bodies on a new initiative to target financial crime.

Lenders have to fulfil complex requirements on mortgage arrears and possessions. Our new guidance seeks to set out in a single document exactly what they need to do.

Labour MP George Mudie has again urged caution about the impact of regulatory reform on the availability of mortgages for first-time buyers.

Lending in all categories increased in August. But economic weakness and uncertainty about the euro continue to present a gloomy backdrop.