Lancaster Live: Can You Afford Your Home?
Money Box
BBC
4.2 • 825 Ratings
🗓️ 29 November 2023
⏱️ 29 minutes
🧾️ Download transcript
Summary
This week the team is live at a community centre in Lancaster to look at all things housing.
It's one of the biggest financial stories of the year. Rising interest rates led to hundreds of mortgage deals being pulled earlier this year before being replaced by costlier versions. This week the Bank of England will decide where they'll go next.
Exclusive figures for Money Box have revealed a third of people with a mortgages are overdrawn or have to borrow at the end of the month, meanwhile monthly rents average £1,304 a month.
To answer your comments and questions, Felicity Hannah will be joined by Sarah Pennells, Consumer Finance Specialist at Royal London, Dr Hilary Ingham, Professor of Economics at Lancaster University and Kim Howarth, Branch Manager of Entwistle Green estate agents in Lancaster.
Presenter: Felicity Hannah Produced by: Sarah Rogers & Kath Paddison Editor: Jess Quayle
(This episode was first broadcast 3pm Wednesday the 1st of November, 2023)
Transcript
Click on a timestamp to play from that location
| 0:00.0 | On a winter's night in 1974, a crime took place that would obsess the nation. |
| 0:07.0 | It was an extraordinary news story. |
| 0:09.0 | The story of an aristocrat, Lord Lucan, who's said to have killed the family Nanny, |
| 0:14.0 | mistaking her for his wife, then somehow just disappeared. |
| 0:18.0 | One of the great mysteries in English criminal history. We're still looking for Lucan. |
| 0:22.1 | It's honestly one of the most powerful stories of my lifetime. |
| 0:26.0 | I'm Alex von Tundselman. |
| 0:27.4 | This is The Lucan Obsession. |
| 0:29.2 | Listen on BBC Sounds. |
| 0:32.7 | BBC Sounds, music, radio, podcasts. |
| 0:37.1 | Hello, from the Barton Road Community Centre in Lancaster. |
| 0:40.9 | This was built in the 1780s and actually began life as a cattle shed and barn. |
| 0:46.3 | But it's very different today. |
| 0:47.9 | There's a library and book swap. |
| 0:49.4 | There's a cafe. |
| 0:50.6 | And if I go down this corridor, well, there's even a choir. |
| 0:54.8 | Two cats in the yard. |
| 0:57.9 | Life used to be so hard. |
| 1:01.5 | Now I could stay in there all day and listen to that. |
| 1:04.4 | Plus, I am surrounded by tables of people playing dominoes. |
| 1:08.6 | But I'll tell you what they should be playing today is Monopoly, |
| 1:11.2 | because Moneybox Live is here to talk about something that affects pretty much everyone who comes here, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from BBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of BBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.