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BBC want mortgage borrowers who have done well from low interest rates

Ed Bowsher
by Ed Bowsher 19 March 2010  |  Comments 2 comments  |  Love Love  0 loves

A BBC programme wants to do a report on the mortgage market and is looking for people who will be willing to talk about their recent mortgage experiences.

In particular, the Beeb is especially interested in people who fall within one of the following three categories:

- A borrower who has seen their monthly repayments plummet and has done something exciting with their savings.

- Someone who has made the most of low interest rates to upsize/buy new property

- a home owner who took out a 100%/125% mortgage at the peak of the boom and needs advice on what to do next (they could be changing mortgage - or wanting to upsize.)

If you think you might be willing to be filmed by this programme, please let us know. You'd be doing a big favour to lovemoney.com.

If you answer this question, and say you're interested, I'll get in touch. Alternatively, you can email me direct using the following email address:  ed at lovemoney.com (I changed the format of the address in an attempt to avoid the attention of email spammers.)

Thanks!

Ed Bowsher, lovemoney.com staff member

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Comments (2)

  • havers01
    Love rating 1
    havers01 posted

    HI Ed,

    I took out a £600,000 mortgage with Cheltenham an Gloucester for £600,000 over 15 years interest only, to build a block of 7 flats and 2 shops.

    The initial rate was 4.99% fixed for 2 years.

    In April 2008 they were offering a rate of 0.64% over base for the length of the loan, I transferred to this and currently enjoy a rate of 1.14%p.a.

    Lloyds Bank (same group) are currently paying me 3% on term deposits. No incentive to repay any of the loan which enjoys tax relief even on the low rate.

    Gotta be good!!!!!

    Posted on 19 March 2010 | Love Love  1 love Report
  • Ed Bowsher
    Love rating 75
    Ed Bowsher posted

    Hi Havers,

    Thanks for getting in touch. I've sent you an email....

    Regards,

    Ed

    Posted on 22 March 2010 | Love Love  0 loves Report

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