text: repayment of wwii war loans? in 1949 my local dickens fellowship purchased a war loan for £100. it is now only worth £75 and only produces £3.50 a year interest payment.  how do we go about cashing in thils loan. the only way to get any money out of it is to sell it to someone else.  the following is an excerpt from uk parliament debate.  5. mr. andrew f. bennett : to ask the chancellor of the exchequer if he will announce a date for the redemption of war loan.   mr. norman lamont : there are no plans to redeem 3 per cent. war loan.