From 1st July the Council of Mortgage Lenders is integrated into a new trade association, UK Finance. For the time being, all UKF mortgage information will continue to be published on this website, and UKF member-only mortgage information will only be available here.

UK Finance represents around 300 firms in the UK providing credit, banking, markets and payment-related services. The new organisation takes on most of the activities previously carried out by the Asset Based Finance Association, the British Bankers’ Association, the Council of Mortgage Lenders, Financial Fraud Action UK, Payments UK and the UK Cards Association. Please go to www.ukfinance.org.uk for wider content and updates from UK Finance.

The UK Finance Mortgage Lenders' Handbook for England and Wales, Scotland and Northern Ireland was amended on 1 July 2017 as follows:

England and Wales

  • Amendments to replace references to Council of Mortgage Lenders or CML with UK Finance, as a result of the merger of CML into UK Finance on 1 July.

Scotland

  • Amendments to replace references to Council of Mortgage Lenders or CML with UK Finance, as a result of the merger of CML into UK Finance on 1 July.

Northern Ireland

Amendments to replace references to Council of Mortgage Lenders or CML with UK Finance, as a result of the merger of CML into UK Finance on 1 July.

Isle of Man

  • Amendments to replace references to Council of Mortgage Lenders or CML with UK Finance, as a result of the merger of CML into UK Finance on 1 July.
  • A minor amendment to reflect that the FASI and MASI professional qualifications are no longer offered.

An updated summary of amendments has been published for each relevant jurisdiction below.

For more details of changes download the summary of amendments documents below.

If you require certainty as to the format of part 1 in force at any given time it is recommended that a cross check is made against the Conveyancing Handbook (published by Law Society Publishing) which annexes the UK Finance Mortgage Lenders' Handbook. This particularly applies if your query relates to the Professional consultant certificate.