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.

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 This page is no longer being updated.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
Future of the Internal Ratings-Based (IRB) approach EBA The CML has responded to the EBA's discussion paper on the Future of the IRB Approach. We are supportive of improvements to the IRB approach which increase the regulators and... 12/11/14 - 12/03/15 Closed
Building More Homes on Brownfield Sites DCLG We have replied to the Department for Communities and Local Government's consultation "Building more homes on brownfield sites". We broadly support the proposals in the consultation which introduce the collation... 28/01/15 - 11/03/15 Closed
Proposals to streamline the re-sale of shared ownership properties DCLG The CML have responded to the DCLG consultation on Proposals to streamline the re-sale of shared ownership properties. 31/01/15 - 28/02/15 Closed
Draft guidelines on creditworthiness assessment EBA The CML has responded to the European Banking Authority's consultation on the draft guidelines for the Mortgage Credit Directive's creditworthiness assessment. We were broadly happy with the guidelines but we... 12/12/14 - 13/02/15 Closed
Draft Guidelines on product oversight and governance arrangements for retail banking products EBA The CML has responded to the European Banking Authority's consultation on draft guidelines for product oversight and governance. We have sought the EBA's clarification on the rationale for these guidelines... 10/11/14 - 13/02/15 Closed
Draft Guidelines on Arrears and Foreclosure EBA The CML has responded to the European Banking Authority's (EBA)Consultation on proposed guidelines, to be considered across the EU, for dealing with mortgage arrears and foreclosure. Broadly, the UK's existing... 12/12/14 - 12/02/15 Closed
Starter Homes - Stepping onto the property ladder: high quality starter homes for first time buyers DCLG The CML has responded to the Department for Communities and Local Government’s (DCLG) consultation “Stepping onto the Property Ladder – high quality starter homes for first time buyers”. Our overall view... 15/12/14 - 09/02/15 Closed
GC14/7 Proposed guidance on financial crime systems and controls FCA The CML has issued a brief response to the Financial Conduct Authority's consultation on its proposed guidance on financial systems and controls. Broadly we welcome the guidance for firms but... 14/11/14 - 06/02/15 Closed
MIPRU Simplification FCA The CML and IMLA have responded to the FCA's consultation on simplification of MIPRU. Broadly we welcome the proposals but are keen to ensure that lenders, active in specific sectors,... 01/12/14 - 21/01/15 Closed
High Speed 2 (HS2) Phase Two - Fradley to Crewe DFT We have responded to this consultation by HS2 and the Department of Transport. We welcome the introduction of blight provisions for this section of HS2 Phase 2 at an early stage.... 01/11/14 - 06/01/15 Closed