Camden Council - Information request (FOI/EIR) - Finance

Our reference: 9090788

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Dear Mr. Kumaran

FREEDOM OF INFORMATION ACT 2000 - INFORMATION REQUEST

Thank you for your recent Freedom of Information request received on 2
January 2014

You requested information on:

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.

Your request is being dealt with under the terms of the Freedom of
Information Act 2000 and will be answered within twenty working days.

If appropriate, the information may be provided in paper copy, normal font
size. If you require alternative formats, e.g. language, audio, large
print, etc. then please let me know.

For your information, the Act defines a number of exemptions which may
prevent release of the information you have requested. There will be an
assessment and if any of the exemption categories apply then it will not
be released. You will be informed if this is the case.

If the information you request was obtained from or relates to a third
party then they may be consulted prior to a decision being taken on
whether or not to release the information to you.

In some cases there may a fee payable for the information requested. This
will be considered and you will be informed of the fee payable if this is
the case. In this event the fee must be paid before the information is
processed and released. The 20 day time limit for responses is put on hold
until receipt of the payment.

If you have any queries about this request do not hesitate to contact me.
Please remember to quote the reference number above in any future
communications.

Yours sincerely

Sylvie Hall
Business Support Officer

Email: [email address]
Phone: 020 7974 8508
Fax: 020 7974 2740

Please see response to your recent request for information

Sylvie Hall
Business Support Officer

Telephone: 020 7974 8508

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