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.

Please note this page is no longer being updated. Please go to the news area on the UK Finance website for the latest mortgage industry news. 

To continue to receive the latest industry news, please subscribe to UK Finance alerts on the UK Finance website. 

House purchase lending in London slowed in fourth quarter, says CML

25 February 2015

New CML data on the characteristics of lending in Greater London in the fourth quarter of 2014 show a decline in the level of house purchase and remortgage lending, both year-on-year and quarter-on-quarter.

6% more first-time buyers in London in third quarter than a year ago

26 November 2014

New CML data on the characteristics of lending in Greater London in the third quarter of 2014 show the market grew in both house purchase and remortgage activity compared to the previous quarter.

First-time buyers in Greater London in total borrow 27% more in the second quarter than a year ago

27 August 2014

New CML data on the characteristics of lending in Greater London in the second quarter of 2014 show the market grew in both house purchase and remortgage activity compared to the previous quarter and the same period last year.

First-time buyer lending in London up on same period last year by 29%

28 May 2014

New CML data released today on the profile of mortgage lending in Greater London in the first quarter of 2014 shows the expected seasonal dip has affected lending from previous quarter, but compared to the same time last year there has been significant growth in all borrower types.

CML director general addresses annual lunch

4 April 2014

Speaking at the Council of Mortgage Lenders' annual lunch today in London, Paul Smee, CML's director general, focused his speech on the impact the Mortgage Market Review (MMR) will have on the UK mortgage market

First-time buyers in London up 33% year-on-year in the fourth quarter of 2013

26 February 2014

Mortgage lending in London in the fourth quarter of 2013 followed a similar upward trend to the rest of the UK, new data from CML shows. Strong owner occupied house purchase activity, in particular first-time buyers, was seen in London.

First-time buyer lending up 32% year-on-year in London in third quarter of 2013

26 November 2013

Mortgage lending in London in the third quarter of 2013 followed a similar upward trend to the rest of the UK, new data from CML shows.

First-time buyer lending in London at highest level since 2007

28 August 2013

First-time buyers accounted for 11,200 loans for house purchase in London in the second quarter of 2013, the largest quarterly number since the end of 2007, according to new data from the CML released today.

Consumer appetite strong in London as first-time buyer activity remains stable

28 May 2013

Half of all adults surveyed in London would like to buy a new home to live in (be that a first or subsequent home) in the next 2-3 years, according to findings released today by the Council of Mortgage Lenders based on a survey undertaken by YouGov.

Number of first-time buyers rise by 15% in London in 2012; largest annual total since 2007

26 February 2013

The number of first-time buyers in London rose by 15% in 2012, marking the largest annual total since 2007, according to new data released today by the Council of Mortgage Lenders.

Sign up for UK Finance alerts

Receive the latest industry news and events direct to your inbox

Register

Tweets

Follow CML