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Please note this page is no longer being updated.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. 

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Northern Ireland first-time buyer lending up 6% in fourth quarter

24 February 2016

New data from the Council of Mortgage Lenders released today reveals lending in Northern Ireland for house purchase and remortgage increased in the fourth quarter 2015, both on the third quarter and compared to the same period in 2014.

House purchase lending in Scotland up 17% year-on-year in fourth quarter

24 February 2016

New CML data on the characteristics of lending in Scotland in the fourth quarter of 2015 outlining mortgage lending to first-time buyers, home movers and remortagors.

House purchase lending up 20% in Wales year-on-year in the fourth quarter

24 February 2016

New data from the Council of Mortgage Lenders released today reveals lending in Wales for house purchase and remortgage increased in the fourth quarter 2015, both on the third quarter and compared to the same period in 2014.

Gross mortgage lending up 21% year-on-year

18 February 2016

Gross mortgage lending was an estimated £17.9 billion in January, according to the Council of Mortgage Lenders.

Home-owner house purchase lending up year-on-year 9% in fourth quarter

16 February 2016

The Council of Mortgage Lenders today released new data on the characteristics of UK mortgage lending, broken down for the periods of December, the fourth quarter and annual data for 2015, including trends in first-time buyers, home movers, remortgaging, and buy-to-let.

Lowest arrears rate for more than a decade in 2015

11 February 2016

Mortgage arrears and repossessions continued to fall in the fourth quarter of 2015, and both were at their lowest annual rate for more than a decade, according to latest data from the CML.

CML warns of unintended consequences of Land and Building Transaction Tax surcharge proposals

3 February 2016

CML urges reform to Scotland LBTT surcharge proposals.

CML urges reform to Stamp Duty Land Tax surcharge proposals

29 January 2016

Responding to the 3% Stamp Duty Land Tax surcharge proposals for second properties, the CML urges HM Treasury to reform the implementation to reduce potentially negative market impacts.

Gross mortgage lending up 8% in 2015

21 January 2016

The CML estimates that gross mortgage lending was £19.9 billion in December - 23% higher than December 2014. For 2015 as a whole, gross lending was £220.3 billion - up 8% on 2014.

House purchase lending up 18% year-on-year in November

14 January 2016

New data released from the CML shows a breakdown of mortgage lending in the UK in November of 2015, including first-time buyers, home movers, remortgage and buy-to-let.

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