LOBO Lender Option Borrower Option

The request was partially successful.

Dear Hounslow Borough Council,

1. How many Lender Option Borrower Option (LOBOs) contracts do you have on your books?

2. When were they signed?

3. With which financial institutions were they taken out?

4. Since each Contract has been signed, has the lender exercised their option and changed the interest rate?

5. If so, please specify the dates of the interest rate changes and the revised interest rates.

6. Please provide a copy of the original, signed LOBO agreement.

Yours faithfully,

Ranjan Kumaran

Freedom of Information requests, Hounslow Borough Council

2 Attachments

Mr Kumaran

 

Please see the attached response to your FOI request of   2 Jan 14

 

Thanks

 

Andrew Hodgkinson

Business Support Officer

Corporate Resources 0208 583 4610

Please consider the environment before printing this message.

Hounslow Council routinely monitors the content of e-mails sent and
received via its network for the purposes of ensuring compliance with its
policies and procedures. The contents of this message are for the
attention and use of the intended addressee only. If you are not the
intended addressee, or the person responsible for delivering it to them,
you may not copy, forward, disclose or otherwise use it or any part of it
in any way. To do so may be unlawful. If you receive this e-mail by
mistake please advise the sender immediately. Where opinions are expressed
they are not necessarily those of the
London Borough of Hounslow.

This email has been scanned for viruses and inappropriate content.