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.

When deciding how much to lend a mortgage customer, lenders commission a valuation of the property. This is the lender’s valuation and should be distinguished from any valuation or survey commissioned by the customer. Promoting clarity here is a key part of our policy work on valuation issues.

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


Published: 1 May 2015

This overview provides information on what lenders should consider when lending on properties where asbestos is present.

Energy efficiency initiatives: Green Deal and Domestic Renewable Heat Incentive

Last updated: 22 May 2017

Energy efficiency initiatives such as these can help reduce household energy running costs and support the UK in meeting carbon reduction targets. They also have implications for mortgage lenders and could affect the value of a property and its appeal to other buyers.

Flood insurance

Last updated: 5 April 2016

The Flood Reinsurance scheme became operational on 4 April 2016. We highlight why buildings insurance with flood cover is essential for the housing and mortgage markets. An overview of the new Flood Re scheme for homes at high flood risk outlines the CML position and our work with government and the insurance industry to ensure the scheme can help as many households as possible.

Japanese knotweed

Last updated: 25 September 2015

RICS have amended their information paper on Japanese Knotweed and residential property in light of industry developments. Japanese Knotweed is an invasive species of plant, and if left untreated it can cause physical damage to property. This policy page covers what can be done and what lenders need to consider.

Solar panels

Last updated: 30 March 2016

This overview covers the lenders’ approach when customers want to install solar panels at their property. Customers will usually need the consent of their mortgage lender to the installation of solar panels. To help mortgage customers and solar panel installers the overview provides guidance and minimum requirements.


Last updated: 18 August 2017

We encourage our members to provide clear information to mortgage customers about the status of a lender’s valuation. We continue to work with RICS, the Residential Cross Sector Group and Which? on this issues relating to valuation.