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aggi
NotThamesWater
They are, IIRC - it was a Thing™ in the 0's to mortgage your home in a forrin' currency (because low interest rates) using swaps.
It was, obvs, fucking stupid, because it obviated the fact that FX swaps are priced on the difference in interest rates, and any benefit from a shift in rates over time is / was entirely accidental. And you end up paying away a ton in spread.
[Edit] Of course, I just realised that what I wrote doesn't disagree with you in any way, as mortgages are more than £100k, for anything other than a wendyhouse.