diff --git a/src/backend/langflow/interface/custom/base.py b/src/backend/langflow/interface/custom/base.py
index 359b799ce..bf5ca80d9 100644
--- a/src/backend/langflow/interface/custom/base.py
+++ b/src/backend/langflow/interface/custom/base.py
@@ -1,6 +1,6 @@
 from typing import Any, Dict, List, Optional, Type
 
-from langflow.custom.customs import get_custom_nodes
+
 from langflow.interface.base import LangChainTypeCreator
 from langflow.interface.custom.custom import CustomComponent
 from langflow.template.frontend_node.custom_components import (
@@ -27,6 +27,8 @@ class CustomComponentCreator(LangChainTypeCreator):
         return self.type_dict
 
     def get_signature(self, name: str) -> Optional[Dict]:
+        from langflow.custom.customs import get_custom_nodes
+
         try:
             if name in get_custom_nodes(self.type_name).keys():
                 return get_custom_nodes(self.type_name)[name]
diff --git a/src/backend/langflow/interface/custom/constants.py b/src/backend/langflow/interface/custom/constants.py
index 920c2bc09..9e7b27750 100644
--- a/src/backend/langflow/interface/custom/constants.py
+++ b/src/backend/langflow/interface/custom/constants.py
@@ -21,3 +21,20 @@ LANGCHAIN_BASE_TYPES = {
     "Embeddings": Embeddings,
     "BaseRetriever": BaseRetriever,
 }
+DEFAULT_CUSTOM_COMPONENT_CODE = """
+from langchain.chains import LLMChain
+from langflow.interface.custom import CustomComponent
+from langchain.schema import Document
+import requests
+
+class YourComponent(CustomComponent):
+    display_name: str = "Your Component"
+    description: str = "Your description"
+    field_config = { "url": { "multiline": True, "required": True } }
+
+    def build(self, url: str, llm: BaseLLM, prompt: prompt) -> Document:
+        response = requests.get(url)
+        chain = LLMChain(llm=llm, prompt=prompt)
+        result = chain.run(response.text)
+        return Document(page_content=str(result))
+"""
diff --git a/src/backend/langflow/interface/types.py b/src/backend/langflow/interface/types.py
index c91abcfbe..f9d4f72ba 100644
--- a/src/backend/langflow/interface/types.py
+++ b/src/backend/langflow/interface/types.py
@@ -76,12 +76,20 @@ def build_langchain_types_dict():  # sourcery skip: dict-assign-update-to-union
 def add_new_custom_field(
     template, field_name: str, field_type: str, field_config: dict
 ):
+    # Check field_config if any of the keys are in it
+    # if it is, update the value
+    name = field_config.pop("name", field_name)
+    field_type = field_config.pop("field_type", field_type)
+    required = field_config.pop("required", True)
+    placeholder = field_config.pop("placeholder", "")
+
     new_field = TemplateField(
-        name=field_name,
+        name=name,
         field_type=field_type,
         show=True,
-        required=True,
+        required=required,
         advanced=False,
+        placeholder=placeholder,
         **field_config,
     )
     template.get("template")[field_name] = new_field.to_dict()
@@ -121,6 +129,8 @@ def build_langchain_template_custom_component(extractor: CustomComponent):
 
     if "display_name" in template_config and frontend_node is not None:
         frontend_node["display_name"] = template_config["display_name"]
+    if "description" in template_config and frontend_node is not None:
+        frontend_node["description"] = template_config["description"]
     raw_code = extractor.code
     field_config = template_config.get("field_config", {})
     if function_args is not None: