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.

Assisted voluntary sales and exiting homeownership

Published: 21 September 2012

The CML has produced some guidance aimed at those lenders that are thinking of offering assisted voluntary sales. This note covers the key aspects that lenders need to consider at the design stage in order to obtain and retain borrower engagement.

Handling arrears and possession sales of shared ownership properties

Published: 29 October 2014

This joint guidance provides mortgage lenders and housing associations with a framework for best practice when handling mortgage possessions in respect of shared ownership properties. There is a separate member-only document containing relevant contact details for lenders and individual housing associations plus an example of a lender/housing association service level agreement.

Section 106 planning agreements and low cost home ownership lending

Published: 4 September 2009

This note has been prepared to help local authorities and housing associations understand the issues that arise for lenders when section 106 (s106) agreements or other planning controls are used that contain restrictive or variation clauses.

Securing mortgage access for affordable housing: A good practice note for planning and housing practitioners

Published: 1 February 2013

This guidance note is for planning and housing practitioners to assist in the delivery of affordable housing. It offers examples of good practice for planning and housing professionals which can be referred to when considering drafting Section 106 agreements for affordable housing.

Shared ownership: Joint guidance for England

Last updated: 13 October 2016

CML has produced joint guidance with the Homes and Communities Agency (HCA) and National Housing Federation (NHF) which provides information on the rules and requirements of grant funded shared ownership.