Latest from the CML
Brexit, housing policy and Lifetime ISAs
A round-up of key parliamentary business during the week beginning 16 January 2017.
Fact check: Do lenders really oppose longer tenancies?
Despite recent assertions, neither lenders nor the CML oppose longer tenancies. Shelter recently found that lenders responsible for half of buy-to-let lending allow tenancies of at least 24 months.
The fair treatment of mortgage customers in payment shortfall: impact of automatic capitalisations
Lenders should be free to develop their own frameworks for remediating affected customers, ensuring they align with existing regulations and the spirit of the framework set out in the consultation.
House purchase lending up 5% in November
Our new data on the characteristics of UK mortgage lending in November, showing a slight rise in house purchase lending month-on-month and year-on-year.
Mortgage fraud good practice guidance
This guidance aims to help lenders identify and mitigate possible vulnerabilities to fraud in the mortgage lending process. This guidance is for CML members only.
Statistic of the week
Home-owners borrowed £11bn for house purchase in November 2016, up 5% month-on-month and 2% year-on-year.Read more...