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 for wider content and updates from UK Finance.

Here you will find responses that we submitted before January 2018. This page is no longer being updated. For the latest mortgage consultation responses please go to the UK Finance website.

Search consultation responses

Consultation title Consulting body Summary Consulting period Status
CP16/2: Mortgage Credit Directive: Minor changes to our rules and guidance FCA The FCA is proposing changes to rules and guidance in the Mortgages: Conduct of Business Rules (MCOB) sourcebook on initial disclosure requirements and Key Facts Illustration (KFI) requirements. 15/01/16 - 15/02/16 Closed
BIS consultation on the Capital treatment for “simple, transparent and comparable” securitisations. BCBS The BIS has published a consultation on the Capital treatment for “simple, transparent and comparable” securitisations and the CML has responded to this consultation. 01/11/15 - 05/02/16 Closed
Higher rates of Stamp Duty Land Tax (SDLT) on purchases of additional residential properties HMT HM Treasury announced in the Autumn Statement 2015 a Five Point Plan for housing which included the introduction of higher rates of Stamp Duty Land Tax (SDLT). 28/12/15 - 01/02/16 Closed
Proposed LBTT supplement on additional residential homes - call for evidence SP The Scottish Government proposes, in their draft budget 2016/2017, to levy a Land and Buildings Transaction Tax (LBTT) supplement on purchases of additional residential properties. 16/12/15 - 29/01/16 Closed
Reviewing and appealing a regulatory decision: a consultation paper SHR The Scottish Housing Regulator has issued a consultation paper on reviewing and appealing regulatory decisions which it makes in relation to the social housing sector in Scotland. 13/11/15 - 15/01/16 Closed
Keeper-induced registration ROS Keeper-induced registration (KIR) is a new power, introduced through the Land Registration etc. (Scotland) 2012 Act. 05/10/15 - 08/01/16 Closed
Public Financial Guidance HMT The CML has responded to HMT's Public Financial Guidance consultation. Our response focuses on housing and debt. 12/10/15 - 22/12/15 Closed
Financial Advice Market Review - call for input HMT The CML has responded to the joint consultation by HMT and the Financial Conduct Authority on the Financial Advice Market Review - call for input. 12/10/15 - 22/12/15 Closed
CP15/36: Future regulatory treatment of CCA regulated first charge mortgages FCA The FCA consulted on proposed rule changes for firms performing activities in relation to ‘pre-2004 first charge CCA mortgages’. 06/11/15 - 18/12/15 Closed
CP15/32: Smarter Consumer Communications FCA The FCA proposes changes to the rules on disclosure of clients, for CML members this will mean the IDD template is no longer mandatory. 22/10/15 - 18/12/15 Closed