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.

Many of the subjects we cover are relevant anywhere in the UK. However, Northern Ireland also has some unique characteristics that affect lenders and consumers, which we consider separately.

What makes Northern Ireland different?

It has devolved political decision-making responsibility for housing, so some aspects of housing policy are not the same as in the rest of the UK. It also has a separate court system and Department of Justice. Some of the most notable differences affecting mortgage lending in Northern Ireland include:

Please see below for detailed information on our policy work in Northern Ireland:

Affordable and social housing: funding and regulation

Last updated: 9 May 2017

This overview of the social and affordable housing sector across the UK focuses on how housing associations are funded and regulated. It highlights key issues in the sector and our position, including our calls for certainty of public funding and stable implementation of welfare reforms.

Arrears and possessions

Last updated: 30 August 2017

The latest position in relation mortgage performance but also an overview of the support that is available to mortgage borrowers who are experiencing payment difficulty. This includes support for mortgage interest and assisted voluntary sales.

Low Cost Home Ownership: an overview

Last updated: 4 September 2017

This is a comprehensive round-up of the main current and predecessor schemes for low cost home ownership, also known as the intermediate market.

UK Finance Mortgage Lenders’ Handbooks

Last reviewed: 1 July 2017

The handbooks are standard form instructions to conveyancers acting for lenders in residential mortgage transactions.