IntroductionMaterials that exhibit ferromagnetic and ferroelectric ordering in the same phase are named magnetoelectrics, which are part of a larger group of multiferroics. Multiferroics possess at least two ferroic orderings at the same time. Magnetoelectric materials are characterized by a strong coupling between the magnetic and electric subsystems, which means that the magnetic fi eld is able to induce electric polarization and vice versa.The fi rst single-phase multiferroic perovskite oxides (ABO 3 ) were discovered in early 1960s. However, very limited progress has been made during the past several decades [1][2][3][4][5][6]. The signifi cant development of multiferroic materials started with the successful synthesis of multiferroic thin fi lms [7].Magnetoelectrics are widely used as transducers, actuators, detectors, and other sensors that are characterized by high dielectric permittivity and magnetic permeability [1][2][3][4][5][6][7] Abstract. Multiferroic 0.5BiFeO 3 -0.5Pb(Fe 0.5 Ta 0.5 )O 3 solid solution is a material that exhibits ferroelectric and antiferromagnetic orderings in ambient temperature. The solid solution was obtained as a result of a conventional reaction in a solid state. The obtained material is a dense, fi ne-grained sinter whose surface was observed by scanning electron microscopy (SEM) and stoichiometry was confi rmed by energy dispersive X-ray spectroscopic (EDS) analysis. According to the X-ray powder diffraction (XRD) measurements, the main phase is R3c space group with admixture of Pm-3m regular phase. Small contribution of pyrochlore-like phase was also observed. Mössbauer spectroscopy suggested random distribution of Fe 3+ /Ta 5+ cations in the B sites of ABO 3 compound. Reduction of the magnetic hyperfi ne fi eld with an increase in the substitution of Ta 5+ in Fe 3+ neighbourhood was also observed.