With a base rate rise looming, fixed rate mortgages are likely to get more expensive until it appears inflation is under control. And Halifax’s rates are looking better than they have for a couple of years


Hero of the week is Halifax, which has voluntarily paid out £500m for misleading paperwork after a small number of complaints. It could have battled for years. Most financial services providers string out scandals for ages.

Villain of the week is Nationwide’s Chris Rhodes, who has claimed some brokers push clients to fix because of the proc fee. While the lender says the comments were taken out of context, I am surprised he even considered saying them.