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Please note this page is no longer being updated.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 responds to FCA announcement of arrears remediation consultation

19 October 2016

The CML response to the FCA announcement of a consultation on arrears calculation remediation.

Shared ownership: Ugly sister or Cinderella?

18 October 2016

New Council of Mortgage Lenders research, published today at our low-cost home-ownership conference, examines the challenges and opportunities for the sector, with practical steps to help this market develop.

August house purchase lending up 11% compared to a year ago

12 October 2016

Our new data on the characteristics of UK mortgage lending in August show that house purchase is up on the previous month and the same time last year.

CML comments on PRA's underwriting standards for buy-to-let mortgages

29 September 2016

The Council of Mortgage Lenders notes that the PRA's underwriting standards for buy-to-let mortgages, published today, reflect many of the proposals set out in the CML's consultation response.

Updated lender/intermediary "Working Together" guide published

22 September 2016

Launch of the third edition of the "Working Together" guide for lenders and intermediaries, reflecting the updated regulatory framework.

Late summer rise for gross mortgage lending in August

22 September 2016

Gross mortgage lending is an estimated £22.5 billion in August. This is 7% higher than the previous month and a 15% increase on lending in August last year.

July house purchase lending down 13% on June

14 September 2016

Our new data on the characteristics of UK mortgage lending in July, showing a decrease in first-time buyer and home mover activity, but remortgage and buy-to-let lending showing month-on-month growth.

Gross mortgage lending stable in July

25 August 2016

Gross mortgage lending was £21.4 billion in July. Down 1% on June's total, and down 1% on July last year.

Wales first-time buyer lending up 31% in second quarter

24 August 2016

Our new data on characteristics of mortgage lending in Wales in Q2 shows an increase in house purchase lending and remortgage lending compared to the first quarter of the year.

Scotland house purchase lending up 23% in second quarter

24 August 2016

We have today released new data on the characteristics of mortgage lending in Scotland in the second quarter that shows quarter-on-quarter rises in house purchase and remortgage activity.

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