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Please note this page is no longer being updated.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. 

House purchase lending unchanged in November

14 January 2011

November was a stable month with very few changes to the volume and value of mortgage activity.

Seasonal decline in November mortgage lending

20 December 2010

Gross mortgage lending in November was an estimated £11.1 billion, according to the Council of Mortgage Lenders.

October saw expected decline in mortgage lending

10 December 2010

An expected decline in mortgage lending towards the end of the year has now become apparent with lending for both house purchase and remortgaging being affected by a lull in activity in October.

Subdued mortgage market in Scotland broadly parallel to UK as whole

24 November 2010

Scotland continued to see a subdued mortgage market in the third quarter of 2010, broadly mirroring the whole of the UK

October gross mortgage lending

18 November 2010

Gross mortgage lending in October was an estimated £12.4 billion, unchanged from September but down 9% from £13.6 billion in October 2009, according to new data from the Council of Mortgage Lenders.

CML first reaction to FSA consultation on distribution and disclosure

16 November 2010

In its initial reaction to the FSA's latest mortgage market review consultation paper, the CML has warned about the continuing drift away from consumer responsibility for financial decisions.

CML response to FSA consultation on responsible lending

15 November 2010

The Council of Mortgage Lenders has today submitted its response to the Financial Services Authority's consultation paper on responsible lending.

Buy-to-let lending showing modest signs of recovery

11 November 2010

Buy-to-let lending rose by 12% in the third quarter, supported by ongoing demand for rental property against the backdrop of a dysfunctional owner-occupier market.

Mortgage arrears and possessions fall in third quarter

11 November 2010

Mortgage arrears and possessions continued to fall in the third quarter of 2010. But we cannot take for granted continuing reductions in payment problems in the future.

September sees little movement in mortgage market

11 November 2010

Slight falls in lending to some groups of new borrowers were tempered by comparable rises to others leading to a flat mortgage market in September.

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