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.

Please note this page is no longer being updated.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. 

A slow start to 2010 in Scotland

27 May 2010

House purchase lending in Scotland mirrored the rest of the UK by falling 33% in the first three months of 2010.

March sees continued growth in house purchase activity

17 May 2010

House purchase lending increased by 45% year on year in March, making it the ninth consecutive month of year-on-year growth, according to figures released today by the Council of Mortgage Lenders. Remortgaging, however, was 29% down year on year, the 23rd consecutive annual fall.

Mortgage market saw modest recovery in February

13 April 2010

There were 35,000 loans for house purchase in February 2010, up 12% from January. First-time buyer numbers rose 13% to 12,600 and loans to home movers rose 11% to 22,600. Remortgaging numbers were up 2% to 24,000 though remain weak and we expect this weakness to continue for some time.

January cheaper property sales hit by end of stamp duty holiday

12 March 2010

Data for January 2010 shows that the end of the stamp duty holiday in December 2009 affected loans for house purchase more than loans for remortgage.

Scottish mortgage market recovering - but slower than UK as whole

24 February 2010

House purchase activity in Scotland continued to pick up in the last quarter of 2009.

Latest Bank mortgage lending figures may point to slower January

1 February 2010

The latest Bank of England mortgage data published today confirms the likelihood that there may have been a "bunching" of house purchase transactions in December to beat the stamp duty concession deadline.

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