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Please note this page is no longer being updated.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. 

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 buyers in Wales up by almost a third in second quarter of 2014

27 August 2014

New CML data on the characteristics of lending in Wales in the second quarter of 2014 show it remains driven primarily by lending for house purchase, with first-time buyers in particular showing strong year-on-year growth.

Largest quarterly number of first-time buyers in Scotland since 2007

27 August 2014

New CML data on the characteristics of lending in Scotland in the second quarter of 2014 show it remains driven primarily by lending for house purchase, with remortgage activity showing year-on-year decline.

House purchase lending growth remains steady in second quarter

11 August 2014

New CML data on the characteristics of lending in June show that it remains driven primarily by lending for house purchase, rather than remortgage.

MMR impact on lending appears subtle, rather than dramatic, says CML

10 July 2014

New CML data released today on the profile of UK lending in May 2014, showed growth in house purchase lending year-on-year, but a fall in remortgage lending.

House purchase lending in Scotland up 23% in first quarter compared to same period last year

28 May 2014

The expected seasonal dip during the early months of 2014 saw lending fall compared to the previous quarter, but there was a strong upward trend when year-on-year comparisons are made in Scotland, new CML data shows.

First time buyers up 24% in March compared to same period last year

15 May 2014

New CML data released today on the profile of UK lending in March 2014 shows home-owner house purchase and buy-to-let both grew in levels and value compared to March last year.

Number of loans to first-time buyers up 38% in January compared to January 2013

13 March 2014

New CML data released today on the profile of UK lending in January 2014 shows the total number of home-owner loans for house purchase in January 2014 was up 30% compared to January 2013.

First-time buyer lending in Northern Ireland up 29% year-on-year in the fourth quarter of 2013

26 February 2014

The number of loans advanced for house purchase to first-time buyers in Northern Ireland grew to its highest level since mid-2007 in the fourth quarter of 2013, new data from the CML shows.

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.

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