Council of Mortgage Lenders
The Council of Mortgage Lenders (CML) is a not-for-profit trade association for mortgage lenders such as building societies, banks and specialist lenders.
Full membership of the CML is available to lenders authorised and regulated by the Financial Conduct Authority (FCA). Members of the CML account for about 95% of residential mortgage lending in the United Kingdom.
The CML also has a number of associate members from industries linked to mortgage lending, including conveyancers, management consultants and lawyers. Associates receive the same benefits as full members.
This Council’s purpose is to encourage sustainable UK housing finance, promote a positive mortgage lending environment and represent the interests of mortgage lenders and of the industry as a whole. They act as the voice for the residential mortgages trade and undertake research into the housing market, the economy, and the wider legal framework for industry practitioners, policy makers and other key stakeholders. They publish reports, articles and newsletters, organise events and provide training and consumer information.
The CML publishes the 'Lender's Handbook' which provides instructions for conveyancers acting on behalf of lenders in residential conveyancing transactions. It is not mandatory for lenders to use the handbook, but lenders' instructions to conveyancers may instruct them in accordance with the handbook.
[edit] Find out more
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Infrastructure that connect the physical and digital domains.
Harnessing robotics and AI in challenging environments
The key to nuclear decommissioning and fusion engineering.
BSRIA announces Lisa Ashworth as new CEO
Tasked with furthering BSRIA’s impressive growth ambitions.
Public buildings get half a million energy efficiency boost
£557 million to switch to cleaner heating and save on energy.
CIOB launches pre-election manifesto
Outlining potential future policies for the next government.
Grenfell Tower Inquiry announcement
Phase 2 hearings come to a close and the final report due in September.
Progress from Parts L, F and O: A whitepaper, one year on.
A replicated study to understand the opinion of practitioners.
ECA announces new president 2024
Electrical engineer and business leader Stuart Smith.
A distinct type of countryside that should be celebrated.
Should Part O be extended to existing buildings?
EAC brands heatwave adaptation a missed opportunity.
Definition of Statutory in workplace and facilities management
Established by IWFM, BESA, CIBSE and BSRIA.
Tackling the transition from traditional heating systems
59% lack the necessary information and confidence to switch.
The general election and the construction industry
As PM, Rishi Sunak announces July 4 date for an election.
Eco apprenticeships continue help grow green workforce
A year after being recognised at the King's coronation.
Permitted development rights for agricultural buildings
The changes coming into effect as of May 21, 2024.