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Please note this page is no longer being updated.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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CML urges FCA to consider targeted deregulation as a potential driver for competition

21 December 2015

CML response to the FCA call for inputs. We suggest modest liberalisation of some regulation may further support competition in what is already a very competitive market.

Peter Hill of Leeds Building Society becomes CML Chairman

21 December 2015

Peter Hill of Leeds Building Society is the new chairman of the CML, succeeding Moray McDonald of the Royal Bank of Scotland.

CML response to consultation on FPC powers over buy-to-let lending

17 December 2015

CML response to HM Treasury consultation on powers of direction over buy-to-let lending to be granted to the FPC.

Gross mortgage lending £19.9 billion in November

17 December 2015

The Council of Mortgage Lenders estimates that gross mortgage lending reached £19.9 billion in November - up 23% year-on-year.

House purchase lending up 8% in October

15 December 2015

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

Borrowing in retirement - CML report and next steps

3 December 2015

Our report contains recommendations for lenders, government and regulators, but most importantly highlights the crucial nature of ongoing collaboration.

Initial CML response on Autumn Statement

25 November 2015

Our initial comment on the stamp duty changes and new housing announcements in the Autumn Statement.

Northern Ireland house purchase and remortgage activity up in third quarter

25 November 2015

New CML data on the characteristics of lending in Northern Ireland in the third quarter of 2015 outlining mortgage lending to first-time buyers, home movers and remortgagors.

First-time buyers in London up 17% in the third quarter

25 November 2015

New CML data on the characteristics of lending in Greater London in the third quarter of 2015 outlining mortgage lending to first-time buyers, home movers and remortgagors.

First-time buyer lending in Wales up 21% in third quarter

25 November 2015

New CML data on the characteristics of lending in Wales in the third quarter of 2015 outlining mortgage lending to first-time buyers, home movers and remortgagors.

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