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.

Here you will find our latest articles, market commentary, and opinion pieces, most recent first.  

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CML recruits three new associates

News

25 July 2016

The CML is delighted to welcome three new associates, bringing the total to 97. The CML also has 133 members, and a further seven members that are third party administrators.

Market commentary July 2016

Analysis

21 July 2016

We would usually publish a mid-year update of our forecasts in this edition of market commentary, but given the uncertainty around Brexit, we do not plan on publishing new forecasts.

Lenders need to ‘think creatively’ to sustain the home-ownership dream

Opinion

1 July 2016

Affordability problems are turning the hopes of young would-be home-owners into a pipe dream. Due diligence is paramount, but lenders may need to be more creative in developing products that meet the needs of young people today.

Buy-to-let reforms should reflect wider market conditions, lenders say

News

29 June 2016

Our response on buy-to-let underwriting standards urges the Prudential Regulation Authority to take into account fiscal, market and other regulatory changes already affecting the sector.

CML welcomes new associates

News

29 June 2016

The CML has recruited four new associates, bringing the total to 97. It also has 133 members, and a further seven members that are third party administrators.

Market commentary June 2016

Analysis

27 June 2016

The decision to leave the European Union will materially impact prospects for the UK housing market. Property transactions are likely to be affected first, as most transactions are discretionary so some buyers and sellers will wait to get a clearer idea of where we might be headed. This would in turn dampen house price growth. Our estimate is that gross mortgage lending was £18.2 billion in May, 14% higher than a year ago.

Adopt our nine key principles and empower frontline staff - to help vulnerable customers

Opinion

22 June 2016

Joanna Elson OBE, chief executive of the Money Advice Trust and chair of the recent financial services vulnerability taskforce, shares her insight into the challenges facing the industry.

Seven-day switching: a philosopher's stone?

Opinion

20 June 2016

CML director general Paul Smee reflects on competition in the mortgage market - and on whether seven-day switching is what borrowers really need.

CML launches search for the brightest 'rising stars'

News

14 June 2016

The CML is now seeking entries to this year's 'rising stars' challenge, which focuses on mortgage products and services for older borrowers.

CML welcomes five new associates

News

14 June 2016

The CML has recruited five new associates, bringing the total to 93. There are also 133 members, and a further seven members that are third party administrators.