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.

In addition to national regulation, lenders have to comply with EU regulation of mortgage businesses, from regulation of the provision of mortgages (Mortgage Credit Directive) to capital or funding requirements.

See below for detailed information on our policy work in this area.

Funding (Capital)

Last updated: 28 February 2017

Ensuring lenders have sufficient and the right type of capital to absorb losses is a critical component of the prudential regulatory framework. This update keeps lenders abreast of the latest developments with regard to capital issues.

Mortgage Credit Directive

Last reviewed: 6 October 2016

This page provides information on the FCA's final Mortgage Credit Directive (MCD) rules.