Mortgages

PERSUASIVE

Homeowners will be hit by fresh increases in mortgage rates as the storm in the eurozone hammers Britain's financial system.

Avelo, provider of technology solutions to the Financial Services industry, has acquired sourcing system TrigoldCrystal.

The financial services industry can protect itself from future mis-selling scandals by outlawing commission across the board, BBC Moneybox journalist Paul Lewis said today at the annual Building Societies Association (BSA) conference.

The Co-operative Bank is to withdraw its interest-only mortgage range, it has announced.

CLIENT HELP

A mortgage broker has been jailed for six and a half years after being found guilty of multiple mortgage frauds.

FREDDY!

Halifax has become the fourth lender to launch a product range to support its participation in the NewBuy scheme.

Demand for UK housing hit its highest level in two years in March as more properties were put up for sale ahead of the Stamp Duty holiday-end, data suggests.