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.

  1. Home
  2. Policy
  3. Consultation responses
  4. Implementation of the EU Mortgage Credit Directive

Implementation of the EU Mortgage Credit Directive

Last updated: 31 Oct 2014

Consulting body:
HM Treasury
Period of consultation:
Runs from 25 September 2014 to 31 October 2014
CML action:
The CML has responded to HM Treasury's consultation on the implementation of the EU Mortgage Credit Directive. This response highlights the challenges associated with the introduction of new regulatory rules and makes particular reference to the impacts on the buy-to-let mortgage market.

This response relates only to HMT’s consultation on implementing the MCD. However, it makes occasional cross-reference to the FCA consultation paper on implementing the MCD. 4. We are grateful for HMT’s open and consultative engagement with the industry on the MCD.

Download the CML's response below.