MoneySavingExpert News Mortgages Lloyds hikes standard mortgage costsThe UK's biggest mortgage lender has announced it is scrapping its ultra-low standard variable rate for new borrowers.28 May 2010 Bank of England urged to raise interest ratesThe Bank of England should hike interest rates in the second half of 2010 and lift borrowing costs to 3.5% by the end of 2011 to control rising inflation, an economic report says today.26 May 2010 Cheapest five-year fix mortgage in a year from the Co-opThe Co-operative bank will launch the cheapest five-year fix in over a year tomorrow in a sign that longer-term mortgage deals are getting cheaper.25 May 2010 Home Information Packs scrappedHome information packs (Hips) will be consigned to history, the Government announced today.20 May 2010 PPI leads huge rise in Ombudsman complaintsComplaints about missold debt insurance have rocketed over the past year, as the total number of official financial gripes also soared.19 May 2010 Ombudsman warning on interest-only mortgage debtsHundreds of thousands of homeowners with an interest-only mortgage could face a debt crisis when their loans mature, it is feared.18 May 2010 Inflation hits 17-month highInflation rose to a 17-month high in April – driven by rising food costs and Budget duty hikes, official figures show today.18 May 2010 Repossessions hit two-year lowThe number of people who had their home repossessed fell in the first three months of 2010 to a two-year low.13 May 2010 Base rate held at 0.5%The Bank of England today announced it is holding the Base Rate at its 0.5% historic low for the 14th consecutive month.10 May 2010 Hung parliament: how will it affect your finances?The UK is heading for its first hung parliament since 1974 following yesterday's General Election, but how will this affect your wallet?7 May 2010 First636465 Suggest a story Got a money-related news story that affects you? Email us