Episode details

Radio 4,08 Nov 2012,55 mins
Interest-only mortgages, British Gas, Tesco farmers, Scottish students and buying wine
You and YoursAvailable for over a year
Today - we'll be talking about interest only mortgages. Four out of ten mortgages across the UK are interest only, seven out of ten families have no way of paying them off when the mortgage term ends. Is this shaping up to be the next mis-selling scandal? The death of our ash trees is now inevitable - it's just a matter of time. So says the government's senior scientific advisor - what happens when it claims the tree in your garden? And how our wine buying habits have shifted in the downturn.
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