Autumn Newsletter
The season is certainly changing as we move into autumn — my favourite time of year — although the days are still pleasant.
It was lovely to see some of you at last Sunday’s OGM, although it was disappointing that so few households were represented. I hope many of you have now had the chance to read the minutes and review the accounts, which have all been posted on the website at www.romanparkclub.co.uk and emailed to those who have signed up. If you are reading this and are not yet on the email list, please let us know at admin@romanpark.co.uk and we will add your details to the circulation. Tenants are very welcome to sign up too, so please do get in touch.
At the OGM, we were able to announce that the Equal Contribution for 2027 will be £70.00 plus VAT, making a total of £84.00. I also drew everyone’s attention to the restriction set out in the deeds of properties here. The wording in the Third Schedule, Part One, states that owners must “pay to the Management Company on demand”, which means that, in line with the invoices sent out in December, payment is due by 31st January each year. Once again, we will accept an instalment plan allowing payment over three months, but you must email us at admin@romanpark.co.uk to arrange this before close of business on 31st January. Any accounts still outstanding after this date, with no agreed instalment plan in place, will attract compound interest at 5% per month until settled in full. This decision was overwhelmingly supported by those at the OGM. Residents should be aware that chasing outstanding Equal Contributions takes a considerable amount of time, and the Trustees are no longer prepared to continue doing so. We are about to issue County Court summonses to those who have not yet settled their 2026 accounts. These accounts will, of course, also incur interest and court fees, leaving those owners further out of pocket.
We are now preparing a schedule of works for the building, as regular rental income means we are able to build a maintenance fund. It is important that we look after the building properly, whether we retain it or decide to sell it in the future.
After a difficult period, we are very pleased that the building is now fully occupied and that our two new tenants seem to have settled well into their new homes. We encourage all residents to support all three businesses whenever and wherever they can. Our Company Secretary has just posted the Sunday Lunch and Christmas menus from the Roman Crown on the website, so please do encourage family gatherings and office celebrations to take a look — and hopefully make a booking.
May I also take this opportunity to remind owners that, when selling, you must notify the Trustees either by email or by posting a letter through the Trustees’ letterbox within the Roman Crown. The restriction mentioned earlier remains with you unless it is transferred to your buyer, so it is in your best interests to make sure this is dealt with promptly.
I do not think I have any further news for now, so I wish you all well as we enjoy this spookier season of the year.
Regards Sharon
Chair