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Please note this page is no longer being updated.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 buyer lending in Scotland up 23% in 2014

25 February 2015

New CML data on the characteristics of lending in Scotland in the fourth quarter of 2014 show a decline quarter-on-quarter and year-on-year in house purchase but an increase in first-time buyers compared to the fourth quarter of 2013.

15% more first-time buyers in Scotland in the third quarter than in Q3 2013

26 November 2014

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

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 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.

Lending for house purchase in Scotland in the fourth quarter of 2013 at highest level since mid-2008

26 February 2014

The number of loans for house purchase in Scotland reached its highest level in the fourth quarter of 2013 since the second quarter of 2008, new CML data shows.

Stephen Noakes to become new CML chairman

18 December 2013

From January 2014, Stephen Noakes, of Lloyds Banking Group, succeeds Paragon's Nigel Terrington as CML chairman. The deputy chairmen will be Moray McDonald, of Royal Bank of Scotland, and Andy Gray, of Barclays.

Highest quarterly house purchase lending levels in Scotland since 2008

26 November 2013

The highest quarterly lending level in Scotland since mid-2008 was recorded, as an increasing number of borrowers took out a mortgage loan for house purchase in the third quarter of 2013, new CML data shows.

CML releases consultation response on separate representation in Scotland

19 July 2013

The CML has urged Scottish solicitors to reject the separate representation proposals in a consultation response.

CML reaction to Law Society of Scotland's decision on separate representation

22 March 2013

CML reacts to the Law Society of Scotland's decision on compulsory separate representation.

First-time buyers in Scotland reach highest yearly total since 2008

26 February 2013

The number of first-time buyers in Scotland rose to the largest annual total in four years, according to new data released today by the Council of Mortgage Lenders in Scotland.

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