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.

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

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.

East Anglia-based Saffron Building Society has transferred its financial planning subsidiary, Saffron Independent Financial Advisers to Towergate Financial.

The Financial Services Authority has outlined plans to ease existing borrowers into new affordability proposals enshrined in the latest Mortgage Market Review consultation paper. proposals.

Lloyds Banking Group confirmed this morning Co-Operative Bank and NBNK Investments are the last two bidders in the running for its 632 branches and retail assets.

The Virgin Money buy-out brings with it both good and bad news, but it is the latter - the £653m loss to taxpayers - that will make all the headlines.

Deputy governor for Monetary Policy at the Bank of England Charlie Bean has said lower inflation next year should both support the mortgage market and consumer spending.

The Financial Services Authority (FSA) said the scope of the European Directive means niche lending areas including bridging, high-net worth borrowers and credit unions may be harmed by the catch-all nature of the rules.

Two fraudulent mortgage advisers who appealed fines by the regulator have been hit with higher fines than the original ruling after a hearing at the financial services Upper Tribunal.