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.

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CP16/2: Mortgage Credit Directive: Minor changes to our rules and guidance

Last updated: 16 Feb 2016

Consulting body:
Financial Conduct Authority
Status:
Closed
Period of consultation:
Runs from 15 January 2016 to 15 February 2016
CML action:
Response submitted

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