Penny's story - Mortgage deal

Penny was shocked to discover that her mortgage deal had left her owing much more than she had borrowed.

Quick tips for tutors

  • A short video about Penny who was shocked to discover that a mortgage she had taken out years before had ended up costing her almost 500% more than she had initially borrowed.

  • May be used in class to stimulate discussion around the featured story. Alternatively could be used to introduce the following topics:

  • Percentages

  • Skimming and scanning