IMLA Publications
IMLA has an active research programme, conducting regular 6 month surveys of both lenders and intermediaries and using the results to generate insights into the market in general, the intermediary market and policy issues.
IMLA also produces regular reports, articles and blogs on issues affecting the UK mortgage market. All of these are available below.
The new ‘normal’ — prospects for 2019 and 2020
Rob Thomas
The sixth in our series of annual reports looking at the outlook for the UK mortgage market in the coming year.
Discussion Paper (DP 18/9) on Fair Pricing in Financial Services
Response by the Intermediary Mortgage Lenders Association
Uncertainty is not the same as disaster
Bob Pannell
This article was first published on 19th January in Mortgage Solutions
FCA Consultation Paper CP18/31: Increasing the award limit for the Financial Ombudsman Service
IMLA responds to proposals to increase the FOS award limit.
The technological new frontier: Digitisation in the mortgage market
Rob Thomas
Digitisation and advances in computing power are reshaping numerous industries. In travel, entertainment and retail the structure of the industry and the key providers have been fundamentally altered by the digital revolution. Retail financial services has also seen transformation in products such as current accounts and insurance. In mortgages change has been slower to come but both back office processes and distribution are in the process of being dramatically reshaped.
Why Bank of Mum and Dad needs to grow
Bob Pannell
This article was first published on 5th December in Mortgage Finance Gazette.
Mortgage Market Tracker, Q3 2018
Discussion Paper DP 18/5: On a duty of care and potential alternative approaches
IMLA comments on proposals set out in DP 18/5, and provides responses to specific questions.
Why Stamp Duty relief has not boosted first time buyers
Bob Pannell
This article was first published on 23rd October 2018 in Mortgage Finance Gazette.
Mortgage Market Tracker, Q2 2018
Bridging the gap: Developments in later life lending to an ageing population
Rob Thomas
As homeowners age at a faster rate than the UK population, developments in post-retirement lending are putting a strain on the current model of financial advice, with the need to serve a growing population of older homeowners producing a new generation of mortgage products. In its latest report, IMLA calls on UK financial advisers to break down the silos between pension and mortgage advice, and offer a more holistic service to keep up with the pace of product innovation.
Mortgage Market Tracker, Q1 2018
Mortgage borrowers and higher mortgage rates
Bob Pannell
Bob Pannell looks at the impact of a potential Bank base rate rise this year on mortgage borrowers. Published in Mortgage Finance Gazette: https://www.mortgagefinancegazette.com/uncategorised/mortgage-borrowers-higher-mortgage-rates-06-06-2018/
Base rate rises could weaken market sentiment
Bob Pannell
This article was first published on 21st May 2018 in Mortgage Strategy
Are you ready for GDPR?
A guide to the requirements of the GDPR, which comes into force on 25th May 2018: this guide is designed to be helpful to lenders and intermediaries, and to complement the guidance issued to its members by the AMI.
Are we approaching the limits to lending growth?
Bob Pannell
Bob Pannell discusses how net lending levels serve useful barometer for the underlying health of our mortgage market, as published in Financial Reporter:
http://www.financialreporter.co.uk/features/approaching-the-limits-to-lending-growth.html
IRESS Intermediary Mortgage Survey 2018
The new ‘normal’ – prospects for 2018
Rob Thomas
The fifth in our series of annual reports looking at the outlook for the UK mortgage market in the coming year.
Where next for first-time buyers?
Bob Pannell, Economic Adviser, IMLA
The latest figures confirm that there were about 366,000 first-time buyers in the UK in 2017. This is a positive outcome, in a year when overall property transactions eased back a little. First-time buyers now account for 30% of overall housing market activity.
This article was first published on 26th February 2018 in Mortgage Solutions
Buy to Let under pressure
Rob Thomas
Looks at the impact which a plethora of tax and regulatory changes have had on the buy-to-let mortgage market and the wider implications for the private rented sector.
Mortgage Market Tracker, Q4 2017
Keeping Britain Building: mortgage lending in the new build sector
Rob Thomas
Examines lenders’ increasing confidence in lending on new-build property, together with the impact of the Help to Buy equity loan scheme.
Mortgage Market Tracker, Q3 2017
The rebirth of specialist mortgage lenders
Rob Thomas
Charts the rise, fall and resurgence of specialist lenders and the emergence of “challenger” banks.
The new ‘normal’ — prospects for 2017
Rob Thomas
The fourth in our series of annual reports looking at the outlook for the UK mortgage market in the coming year.
IRESS Intermediary Mortgage Survey 2017
Insights into the changing shape of the lender broker relationship
Rob Thomas
Summarises the views of leading figures from four mortgage intermediary firms and four mortgage lenders about how they see the current state of the intermediary/lender relationship and how this might evolve in the future.
Is the mortgage market working for consumers?
Rob Thomas
Analyses whether the market is delivering appropriate access to credit, together with sufficient competition and transparency for consumers.
Working together
AMI, CML and IMLA
An industry guide to lender and intermediary accountabilities and responsibilities in mortgage sales and servicing: updated to take account of the Mortgage Credit Directive
The politics of a rationed housing market
Rob Thomas
Argues for a more joined-up approach to UK housing policy.
IRESS Intermediary Mortgage Survey 2016
The new ‘normal’ – prospects for 2016
Rob Thomas
The third in our series of annual reports looking at the outlook for the UK mortgage market in the coming year.
The changing face of mortgage distribution
Rob Thomas
Charts the changing pattern of intermediated and direct mortgage business pre-and post- the financial crisis.
Segmenting the UK mortgage market
Rob Thomas
Examines the key issues facing the main segments making up today’s mortgage market: buy-to-let, first-time buyers, home movers, re-mortgagers, lifetime mortgages and further advances.
Regulatory layering: assessing the cumulative impact of new financial regulations
Rob Thomas
Analyses the cost of the regulatory changes brought in following the financial crisis and the impact these have had on the efficiency of the financial system and on the wider economy.
The new ‘normal’ — one year on
Rob Thomas
The second in our series of annual reports looking at the outlook for the UK mortgage market in the coming year.
IRESS Intermediary Mortgage Survey 2015
IMLA member and intermediary surveys — Intermediary Lending Outlook
December 2014–January 2105 research
UK Election 2015 — Criteria for housing and mortgage policy pledges
Summarises the key agendas for the political parties and politicians to address during the election campaign.
MIPRU Simplification
IMLA; CML
Joint response by the Council of Mortgage Lenders and the Intermediary Mortgage Lenders Association to the Financial Conduct Authority Consultation Paper CP 14/28
Financial Conduct Authority Consultation CP 14/20 on the implementation of the Mortgage Credit Directive and the new regime for second charge mortgages
A response by the Intermediary Mortgage Lenders Association
The changing face of non-standard mortgage lending
Rob Thomas
Looks at the impact of the financial crisis on non-standard borrowers: the self-employed, those with adverse credit, those borrowing into retirement and those with complex financial affairs.
Intermediary Mortgage Industry Bulletin: Autumn 2014
IMLA member and intermediary surveys — Intermediary Lending Outlook
Q3 2014 research
The new macro-prudential regime: when and how will the Bank of England intervene?
Rob Thomas and Peter Williams
Examines the housing and mortgage markets and the likelihood of the Bank of England using its new macro-prudential powers to curb the latter.
Working together
AMI, CML and IMLA
An industry guide to lender and intermediary accountabilities and responsibilities in mortgage sales and servicing: updated to take account of the Mortgage Market Review
Reshaping housing tenure in the UK: the role of buy-to-let
Rob Thomas
Analyses the growth in the proportion of private rented sector properties being acquired without a mortgage.
Intermediary Mortgage Industry Bulletin: Spring 2014
What is the new ‘normal’? — Mortgage lending in 2014–15 and the march back to a sustainable market
Rob Thomas
The first in a series of annual reports looking at the outlook for the UK mortgage market in the coming year.
IMLA member and intermediary surveys — Intermediary Lending Outlook
January 2014 research
Intermediary Mortgage Industry Bulletin: Autumn 2013
IMLA member and intermediary surveys — Intermediary Lending Outlook
July 2013 research
Rebalancing the housing and mortgage markets — critical issues
Professor Steve Wilcox
Contributes to the discussion between government and the industry about the future operating basis and assumptions for the UK housing market, and whether current government support for the housing and mortgage markets will move both forward on a stable and sustainable basis.
IMLA summary of “Rebalancing the housing and mortgage markets — critical issues”
IMLA intermediary survey
July 2012
IMLA member survey — The mortgage market in 2013
IMLA intermediary survey
Q4 2011
IMLA member survey — Expectations for the mortgage market by 2016
Working together
AMI, IMLA and CML
An industry guide to lender and intermediary accountabilities and responsibilities in mortgage sales and servicing