The Windows Phone app which has gone free next as myAppFree app of the day is Jey Lapse. It will let you record and create this kind of videos in one single app.
Jey Lapse Features:
– Real-time effects
– Manual/Auto Focus + Exposure + Flash controls
– Performance Analytics
– Battery saver modes
– Low Battery Alerts
– Low Memory Alerts
– Preview time
-lapse frames while capturing
– De-noise FX
– Choose duration
– Different aspect ratios – for free 🙂
Download it today, it is FREE!!!!