Loans

Folkestone & Hythe District Council did not have the information requested.

Dear Shepway District Council,

How often can the interest rates be "called" on any of the LOBO loans taken out by SDC i.e. increased by the lender?

Have any of the loan/s been called? and if so what is/are the new interest rate/s payable?

Yours faithfully,

Bryan Rylands

Folkestone & Hythe District Council

Dear Mr Rylands

Thank you for your request dated 15 September 2014.

We will endeavour to supply the information you have requested within the requisite 20 working days. If we think that it will take longer, we will contact you.

Kind regards,

Ben Doble (On behalf of Rachel Neville)
PA to Corporate Management Team
Direct dial : 01303 853486
Fax : 01303 853255
Shepway District Council, Civic Centre,
Castle Hill Avenue, Folkestone,
Kent CT20 2QY
E - mail : [email address]
www.shepway.gov.uk
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Folkestone & Hythe District Council

Dear Bryan Rylands,

I am writing in respect of your Freedom of Information enquiry dated 11 September
2014. This request has been handled under the Freedom of Information Act 2000.

Please find below information in response to your request.

1. How often can the interest rates be "called" on any of the LOBO loans taken out by SDC i.e. increased by the lender? - Not applicable. The council has no LOBO loans with its debt portfolio.

2. Have any of the loan/s been called? and if so what is/are the new interest rate/s payable? - Not applicable.

Should you require any further information, or if you are not satisfied with our response, please do not hesitate to contact me on 01303 853437. You may also request an internal review by writing to the following address:

Freedom of Information Appeals Officer
Administration
Shepway District Council
Castle Hill Avenue
Folkestone
Kent CT20 2QY

Alternatively you can use our Customer Comment Form which can be accessed at our website www.shepway.gov.uk

In addition, if you are not satisfied with our response you may apply to the Information Commissioner for an independent review at the following address:

The information Commissioner
Wyncliffe House
Water Lane
Wilmslow
Cheshire SK9 5AF
Telephone 01625 545700
www.informationcommissioner.gov.uk

Yours sincerely,

Rachel Neville
Information and Legal Officer
Tel: 01303 853437
Fax: 01303 853548
Shepway District Council, Civic Centre, Castle Hill Avenue,
Folkestone, Kent, CT20 2QY
E-mail: [Shepway District Council request email]
Website: www.shepway.gov.uk
 
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