Dear Kirklees Borough Council,

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

2. When were they signed and by whom?

3. With which financial institutions were they taken out?

4. Who advised the council to enter the LOBO(s)?

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

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

7. Please provide a copy of the original, signed LOBO agreements.

Yours faithfully,

Jamie Griffiths

Freedom Info, Kirklees Borough Council

Dear Mr Griffiths

I confirm receipt of your information request and that I am looking into this.

I will respond to you in due course.

Yours sincerely

Information Access Team
e: [email address]

This email and any attachments are confidential. If you have received it in error - notify the sender immediately, delete it from your system, and do not use, copy or disclose the information in any way. Kirklees Council monitors all emails sent or received.

show quoted sections

Freedom Info, Kirklees Borough Council

2 Attachments

Dear Mr Griffiths

 

I refer to your recent enquiry relating to the above which has been dealt
with under the Freedom of Information Act 2000.

 

You asked for:

 

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

 

2. When were they signed and by whom?

 

3. With which financial institutions were they taken out?

 

4. Who advised the council to enter the LOBO(s)?

 

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

 

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

 

7. Please provide a copy of the original, signed LOBO agreements.

 

Please find attached the Council’s response.

 

If you are not content with the handling of your request, you have the
right to ask for an internal review.  Requests for internal reviews should
be submitted within 2 months of the date of receipt of the response to
your original request and should be addressed to the Monitoring Officer,
Civic Centre I, PO Box 1274, Huddersfield HD1 2WZ.  Alternatively, you can
send an email to: [1][email address]. 

 

Please remember to quote the reference number above in any future
communications.

 

If you are not content with the outcome of any review you have the right
under section 50 of the 2000 Act to apply to the Information Commissioner
for a decision as to whether your request for information has been dealt
with in accordance with the requirements of the Act.  The Information
Commissioner’s website is at [2]www.ico.org.uk and gives more
information about the role and duties of the Commissioner.  The
Information Commissioner can be contacted at: Information Commissioner’s
Office, Wycliffe House, Water Lane, Wilmslow, Cheshire, SK9 5AF.

 

Yours sincerely

 

Information Access Team

Legal & Governance

Email: [3][email address]

Telephone: 01484 221000

 

This email and any attachments are confidential. If you have received it
in error - notify the sender immediately, delete it from your system, and
do not use, copy or disclose the information in any way. Kirklees Council
monitors all emails sent or received.

 

 

Find us on Facebook - https://www.facebook.com/liveinkirklees
Follow us on Twitter - www.twitter.com/kirkleescouncil

This email and any attachments are confidential. If you have received it
in error - notify the sender immediately, delete it from your system, and
do not use, copy or disclose the information in any way. Kirklees Council
monitors all emails sent or received.

References

Visible links
1. mailto:[email address]
2. http://www.ico.org.uk/
3. mailto:[email address]

Looking for an EU Authority?

You can request documents directly from EU Institutions at our sister site AskTheEU.org . Find out more .

AskTheEU.org