The Bank of England's recent interest rate cut means that tens of thousands of homeowners now have interest-free mortgages.
Around 50,000 people are believed to have taken out tracker mortgage deals guaranteed to be at least 0.5% below the base rate during the past two years.
Cheltenham & Gloucester, part of Lloyds TSB, is believed to have offered the lowest deal - a tracker rate of 1.01% below the base rate, meaning that the 1500 customers with the loan have not been paying interest since February's cut.
C&G had other mortgage deals that tracked at 0.5% or more below the base rate - along with Halifax.
Other lenders with similar deals included the Co-operative Bank and Mortgage Express.
As the Bank of England base rate stands at just 0.5%, all of these customers should now find themselves paying no interest on their home loan at all.
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