"It's not that we ever said that there's money to be made out there [through property development]"

"It's not that we ever said that there's money to be made out there [through property development]"

Those are the words of Liam Keelan, head of daytime at the BBC. Let's get this straight, this senior BBC executive is claiming that no BBC property programme ever concentrated on making money from buying property. That's no BBC programmes... Would you like to reconsider that Mr Keelan?

Here's one... "Million Pound Property Experiment" on BBC2. In it, designers Colin McAllister and Justin Ryan bought, renovated and re-sold properties for a profit. This, as they gambled with a £100,000 loan from the BBC, with the ultimate goal being a sale of a property for £1 Million. Wikipiedia describe the programme thus:

"Taking over two and a half years years in the making for the TV series for seven, 60 minutes weekly TV slots. Here viewers saw them buy, renovate and sell seven properties across Britain, ranging from £100,000 to £1.25 million. It drew an audience of over four million regular viewers as they attempted to leap up the property ladder in seven rungs.

They started off with a tiny place in Birmingham for £100,000 and trading up after every sale on a nationwide challenge to find the next potential property. In the end they ended with a net profit of £290,000.

The programme starred Colin McAllister & Justin Ryan as interior designers and Nigel Leck, a full-time developer who project-managed their refurbishments. At the end of the series, the original purchase and interest had to be returned with any profits donated to Children in Need.

Their advice is sensible rather than original or inspired - find areas on the up, buy the worst house in the best street, research what sort of people buy in the area and aim your development squarely at them."

Do you fancy reconsidering your statement now Mr Keelan?