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"There was no interest and no repossession clause," he said.
All of these options carry a guarantee of no repossession in the event that repayments cannot be met.
The chief benefits of the Houseproud scheme are competitive interest rates, a guarantee of no repossession and the fact the local authority will supervise all work, which is carried out by competent, council-approved builders.
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The measures announced today must be bound to undertakings by the banks of no job losses, no repossessions and an end to the bonus culture," said the joint general secretary of Unite, Derek Simpson.
After two weeks on the job, I had netted no repossessions, and my own car was starting to break down.
The government is accepting no more repossession claims, and officials said the panel that was set up to handle such claims, the Departed Asians Property Custodian Board, is scheduled to go out of existence next year.
Official data shows buy-to-let mortgages have levels of arrears and repossessions no higher than mainstream loans, and in some cases are performing better.
While the all-round security of the Tiger's game has been widely acclaimed, along with his repossession of his old No 1 world ranking, the wait for the old assassin's touch, that ineffable ability to separate himself from the rest of a major field, is stretching out quite ominously.
However, if you do not attend, the court will have no alternative but to order repossession.
Tell your lender you can no longer afford your payments and that you are opting for a voluntary repossession.
Its chief executive, Campbell Robb, said: "Current support schemes in place are set to wind up at the end of the year but could be pulled at any time, which will leave many people with no safety net and facing the real possibility of repossession.
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