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 for wider content and updates from UK Finance.

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New chairman of the CML takes office


Published: 10 August 2011 | Author: Bernard Clarke

The head of lending at HSBC, Martijn Van der Heijden, has become the new chairman of the CML. He replaces Colin Walsh, who has stood down from the role because of his forthcoming departure from Lloyds Banking Group.

Martijn Van der Heijden has extensive experience of financial services in the UK, having worked for HBOS and Santander before joining HSBC in 2007. He has been deputy chairman of the CML since January 2009. He has an MSc in business economics from Rotterdam University and an MBA from Cambridge University.

Commenting on his appointment, Martijn said: "I thank Colin for his dedication to the industry. I share his aim of trying to harness the expertise of the different kinds of lenders in the UK to help bring about an industry united in its goal to improve the mortgage market.

"Regulation – domestic and from Europe – will dominate the CML’s actions for the rest of the year and well into 2012. It is of the utmost importance that the UK gets the regulation right, as this will play a huge part in ensuring our industry helps the UK economic recovery and underpins a sustainable housing finance market."

Martijn Van der Heijden is supported by two new deputies, Nigel Terrington, chief executive of Paragon Group, and Stephen Noakes, commercial director for mortgages at Lloyds Banking Group.

These changes to the elected officers of the CML take effect following the arrival at the beginning of this month of Paul Smee as the organisation’s director general. Paul Smee replaces the outgoing director general, Michael Coogan.