LOBO Lender Option Borrower Option

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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




Andrew Hodgkinson

Business Support Officer

Corporate Resources 0208 583 4610

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