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 This page is no longer being updated.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
Supervising building societies’ treasury and lending activities: consultation PRA While we support the overall framework aligning risk and capital, we are keen to ensure that a perceived negative assessment of the risks involved with certain types of lending does... 02/04/16 - 04/07/16 Closed
Updating the Land Registration Act 2002: A Consultation Paper Law Com We have cautioned against radical reform of the indemnity scheme, especially in light of the uncertainty around the future operation of the Land Registry, and wider economic uncertainty. 31/03/16 - 30/06/16 Closed
Underwriting standards for buy-to-let mortgage contracts CP11/16 PRA We welcome the decision by the PRA not to take an unduly prescriptive approach, instead giving lenders the flexibility to interpret their responsibilities in accordance with commercial drivers. 29/03/16 - 29/06/16 Closed
Improving the consumer landscape and quicker switching: call for evidence BIS We have now responded to the BIS consultation. Our response focused on the unsuitability of extending 7-day switching proposals to the mortgage market. 24/05/16 - 23/06/16 Closed
Proposals for a loan-level data collection of buy-to-let lending: a consultation BOE We recognise that collecting loan-level buy-to-let data is essential to provide timely data to support the Bank’s supervisory functions, but we have some questions and concerns regarding the specific approach. 29/04/16 - 10/06/16 Closed
HM Treasury Public financial guidance review: proposal for consultation HMT In response, we highlight issues concerning funding of the new bodies, and the need for co-ordination. 16/03/16 - 08/06/16 Closed
Proposed increase to court fees in Northern Ireland NICTS We do not believe that increased court fees in will be a barrier to cases being taken through the courts. 14/03/16 - 08/06/16 Closed
PRA consultation on equity release mortgages PRA The CML has responded to the PRA consultation on equity release mortgages (ERM).The paper was asking for views on ERM valuation, capital treatment, risk management and associated matters. 31/03/16 - 27/05/16 Closed
BIS consultation on moving Land Registry operations to the private sector BIS We do not have a fundamental objection to the concept of privatisation of the Land Registry and note that there are potential benefits. 24/03/16 - 26/05/16 Closed
Council of Licensed Conveyancers consultation CLC We note that the changes are intended to increase consumer protection, which is welcome. 05/05/16 - 20/05/16 Closed