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.  

You can receive all news articles direct to your inbox by signing up to alerts in MyCML.

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Interest-only: taking stock

Analysis

31 May 2016

Today, we report another sharp fall in the number of outstanding interest-only loans, with the total now having fallen by almost one-third since 2012.

CML publishes updated market data in new edition of Yearbook

News

31 May 2016

The CML has published a new edition of its Yearbook, containing a wide range of articles on industry issues, alongside business profiles of every member and associate.

First-time buyer activity boosts Northern Ireland recovery

Opinion

24 May 2016

On the day of our conference on the mortgage market in Northern Ireland, the CML's chairman in the country, Derek Wilson, reflects on recent developments.

CML welcomes four new associates

News

24 May 2016

Four new associates have recently joined the CML, bringing the total to 91. The CML also has 133 members, and a further seven members that are third party administrators.

Market commentary May 2016

Analysis

19 May 2016

Our estimate of gross mortgage lending was £18.5 billion in April, 16% higher than a year ago. Lending over the next few months is likely to be driven by first-time buyers, movers and remortgage customers, as buy-to-let takes a back seat. The uncertainty around the EU referendum could weigh on housing market activity over the next few months.

CML responds to starter homes initiative

News

18 May 2016

Our response to the starter homes initiative accepts that lenders have different views, and will decide for themselves whether to support the scheme or other affordable housing initiatives. We want to work with the government for a successful scheme, which avoids market disruption.

Lenders welcome opportunity to help shape Welsh housing policy

News

11 May 2016

As lenders gather for the CML Cymru annual lunch today, they look forward to working with the newly elected Welsh assembly to promote the provision of more housing in all tenures in Wales.

So, that worked well...

Analysis

9 May 2016

The impending increase in stamp duty on second homes contributed to a 60,000 increase in the number of transactions in March - with almost half of them being cash purchases.

Housing in London: the key issues

Analysis

3 May 2016

Housing is the top priority in the forthcoming mayoral election. Lenders can help whoever is elected mayor increase provision of housing in all tenures - with the right policies.

Market commentary April 2016

Analysis

21 April 2016

Gross lending in March reached £25.7 billion, nearly 60% higher than a year ago. This figure has been distorted by the stamp duty changes on second properties which came into effect on 1 April, and we are likely to see an offsetting effect of weaker activity over the next few months. Our analysis suggests £4-£5 billion extra took place, than would otherwise have been the case.