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.

Last updated: 22 Dec 2015

Consulting body:
HM Treasury
Period of consultation:
Runs from 12 October 2015 to 22 December 2015
CML action:

The CML has responded to HMT's Public Financial Guidance consultation. Our response focuses on housing and debt. The role of co-ordinating the disparate sources of debt advice falls to Money Advice Service (MAS); and we believe that a further rearrangement of responsibilities now would dissipate the energy which has gone into making the arrangement work. We also welcome the continued change in emphasis by MAS towards co-ordination and away from provision, as recommended in the Farnish Review.

Download the response below.