Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan | |
Posted by: | Alan Fairclough | |
Date/Time: | 27/03/15 09:34:00 |
1]Why was he given a loan from LBE? According to a 'leaked email' it is to cover care costs for an elderly relative. Admittedly it is unsatisfactory that the information has come into the public domain through unofficial channels but it seems credible. 2]What are the terms of that loan? As I understand it these arrangements are not unusual and no capital or interest is repayable until the property is sold. The interest rolls up to increase the lien on the property. 3] How much is the loan for? We don't know and the amount has been redacted on the Land Registry site. Not sure why it would be considered sensitive 4] Why in short have u ben given it Asked and answered |