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.

CHAPS and CREST extended settlement day

Last updated: 4 January 2017

The Bank of England has now extended the settlement day for CHAPS (the same day electronic bank to bank transfer technology) and CREST (the payment clearing system in the UK) transactions.

Transparency of mortgage fees and charges

Last updated: 26 March 2018

A major strength of the UK mortgage market is that it offers a huge amount of choice to consumers. This makes it more likely that consumers can get a mortgage that best fits their needs.

Vulnerable customers

Last updated: 15 June 2017

A summary of documentation and regulatory activity in relation to the treatment of customers who exhibit some form of vulnerability.