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Mortgage article 15:CML Launches New Initiative to Enhance Consumer Protection

26 March 2002

The Council of Mortgage Lenders has reinforced its commitment to enhancing consumer protection by ensuring that improved safeguards for mortgage customers are communicated directly to them - in plain English.

The CML is launching a new version of its consumer leaflet You and Your Mortgage - summarising the key points of the CML-sponsored Mortgage Code - to make sure mortgage customers are fully aware of new measures to enhance their protection. The consumer leaflet now includes commitments that lenders will:

follow the CML's policy on mortgage shortfall debts; Next page



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