Council of Mortgage Lenders
Encyclopedia
The Council of Mortgage Lenders is an industry body representing mortgage
lenders in the United Kingdom
.
Its members consist of banks, building societies and specialist lenders and represent 98% of mortgage lending in the UK.
Mortgage loan
A mortgage loan is a loan secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan...
lenders in the United Kingdom
Economy of the United Kingdom
The economy of the United Kingdom is the sixth-largest national economy in the world measured by nominal GDP and seventh-largest measured by purchasing power parity , and the third-largest in Europe measured by nominal GDP and second-largest measured by PPP...
.
Its members consist of banks, building societies and specialist lenders and represent 98% of mortgage lending in the UK.