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Council of Mortgage Lenders

The Council of Mortgage Lenders represents around 98% of the UK residential lending industry and the goal of the Council of Mortgage Lenders is to promote a thriving housing and mortgage market environment. As well as the above, the

Council of Mortgage Lenders help to discuss common issues by providing a forum for lenders and it also represents the mortgage industry to government, regulators and the media.

In addition, the Council of Mortgage Lenders are the central provider of economic (for example, an economic indicators calendar relevant to the housing market is available), statistical (for example, housing and mortgage market statistics can be viewed), legal, research (for example, this consists of Monthly Market Commentaries, Council of Mortgage Lenders forecasts, Repossession Risk Reviews, regular in-depth articles in Housing Finance online, Council of Mortgage Lenders research reports) and other market information.

A selection of Council of Mortgage Lenders publications, press release and statistics are available free of charge on the website. And if you need to access more information, you can register to become a Council of Mortgage Lenders member. Currently, the Council of Mortgage Lenders have approx. 145 members, which include banks, building societies and other residential mortgage lenders and approx. 88 associate members – who have an interest in the mortgage market. Although the Council of Mortgage Lenders is not a customer enquiry service, but the ‘consumer info’ area is designed to help with any common enquiries.

Downloadable booklets and fact sheets on mortgages for consumers are available. Examples of subjects include: Arrears and repossession; Buy-to-Let; Complaints and the mortgage case; European code of conduct; Home buying and mortgages; Protecting mortgage repayments.

Also, the use of the mortgage calculator to see how much your mortgage will cost is readily available.

Click on Council of Mortgage Lenders to go to their website.

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