On 1st July a new trade association was formed, UK Finance.
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.
For the time being, all UK Finance mortgage information will continue to be published on the CML’s website www.cml.org.uk. More information and updates on UK Finance is available on www.ukfinance.org.uk.