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Please note this page is no longer being updated.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 reaction to BIS call for inputs on switching

25 May 2016

Initial CML reaction to the BIS call for inputs on whether a guaranteed 7-day switching service might be feasible for various services, potentially including mortgages.

Scotland house purchase lending up 7% in the first quarter of 2016

25 May 2016

We have today released new data on the characteristics of mortgage lending in Scotland in the first quarter, showing the traditionally seasonal dip in activity quarter-on-quarter but year-on-year growth in comparison to the same period in 2015.

Home-owner house purchase lending in Wales up year-on-year 25% in first quarter

25 May 2016

We have today released new data on the characteristics of mortgage lending in Wales in the first quarter, showing a decline compared to the previous quarter but significant year-on-year increases in house purchase and remortgage activity.

Northern Ireland house purchase lending up 26% year-on-year in the first quarter of 2016

25 May 2016

We have today released new data on the characteristics of mortgage lending in Northern Ireland in the first quarter of the year, showing the usual seasonal dip in activity compared to the previous quarter but growth compared to the same period last year.

London house purchase and remortgage lending up year-on-year in first quarter of 2016

25 May 2016

We have today released new data on the characteristics of mortgage lending in Greater London in the first quarter of 2016, showing quarter-on-quarter and year-on-year increases in house purchase and remortgage activity.

Gross mortgage lending increases 16% year-on-year

19 May 2016

We estimate that gross mortgage lending reached £18.5 billion in April. This is 29% lower than March’s figure but 16% higher than April last year.

Home-owner house purchase lending up 60% year-on-year in March

17 May 2016

We have today released new data on the characteristics of UK mortgage lending in March, showing significant month-on-month and year-on-year increases in house purchase and buy-to-let activity.

CML responds to FCA competition and responsible lending statement

16 May 2016

We welcome the FCA's positive feedback on industry implementation of responsible lending, and note the forthcoming targeted market study on elements of consumer choice.

Repossessions and arrears still falling, reports CML

12 May 2016

We report a continuing fall in the first quarter in the number and rate of mortgage arrears and repossession cases.

CML Cymru chair addresses Wales annual lunch 2016

11 May 2016

Julie Ann Haines, chair of the Council of Mortgage Lenders Cymru, addressed the CML Wales annual lunch today talking about the importance of collaboration between lenders, regulator and government to continue growth in the Welsh housing market in 2016.

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