Fwd: 175/177 Sutherland Avenue - Draft estimated cost of services - 31 December 2024

antonella at santini.co.uk antonella at santini.co.uk
Tue Nov 28 17:07:54 GMT 2023



> Begin forwarded message:
> 
> From: Eleni Lionaki <eleni at elenilionaki.com>
> Subject: RE: 175/177 Sutherland Avenue - Draft estimated cost of services - 31 December 2024
> Date: 28 November 2023 at 17:03:42 GMT
> To: Clive Greenwood <clive.greenwood at awh.co.uk>, "jdwhiteuk at gmail.com" <jdwhiteuk at gmail.com>, "antonella at santini.co.uk" <antonella at santini.co.uk>
> Cc: Kalika Akintola <kalika.akintola at awh.co.uk>
> 
> I'm tempted to increase the insurance to £6m without a valuation but I leave it up to the other directors to decide. Otherwise I think we need valuation plus an uplift in the rates.
>> On 28/11/2023 16:57 GMT Clive Greenwood <clive.greenwood at awh.co.uk> wrote:
>>  
>>  
>> Hi Eleni
>> 
>>  
>> The Building Insurance valuation was £1400 – I will add that in – please confirm
>> 
>>  
>> In relation to the Building Insurance we may have to increase to £8,000 (rounded) as per below from the brokers
>> 
>>  
>> “Clive
>> 
>>  
>> Current sum insured £4m premium £4627.04 incl tax
>> 
>> Proposed sum insured £6.9m new annual premium on existing rates £7,981.64”
>> 
>>  
>>  
>> Or would you rather await the valuation and take any increase in premiums from reserves?
>> 
>>  
>> I await instructions
>> 
>>  
>> Regards
>> 
>>  
>> Clive
>> 
>>  
>>  
>>  <https://awh.co.uk/>
	
>>  	
>> Clive Greenwood​​​​
>> BA Hons AssocRICS MIRPM
>> Associate Director and Head of Property Management
	
>> 12 Dorrington Street, London EC1N 7TB
>>  <mailto:clive.greenwood at awh.co.uk>	clive.greenwood at awh.co.uk <mailto:clive.greenwood at awh.co.uk>

	+44 (0) 20 7061 1100 <tel:+44%20(0)%C2%A020%207061%201100>
>>  
>> +44 78252 71452 <tel:+44%2078252%2071452>
	www.awh.co.uk <https://www.awh.co.uk/>
>>  
>> From: Eleni Lionaki <eleni at elenilionaki.com> 
>> Sent: Tuesday, November 28, 2023 4:25 PM
>> To: Clive Greenwood <clive.greenwood at awh.co.uk>; jdwhiteuk at gmail.com; antonella at santini.co.uk
>> Cc: Kalika Akintola <kalika.akintola at awh.co.uk>
>> Subject: Re: 175/177 Sutherland Avenue - Draft estimated cost of services - 31 December 2024
>> 
>>  
>> [Notice: This email originated from outside AWH]
>> 
>> Clive, as you pointed out, we are underinsured. So you need to be budgeting for a valuation and higher quote. That will eat into the reserve fund quite quickly! Otherwise looks fine to me.
>> 
>> On 28/11/2023 16:15 GMT Clive Greenwood <clive.greenwood at awh.co.uk <mailto:clive.greenwood at awh.co.uk>> wrote:
>> 
>>  
>>  
>> Dear Directors
>> 
>>  
>> Further to Elenis email below we have revised the budget to take into account the increases for the double flats and single flats
>> 
>>  
>> We did not amend the day to day (routine expenditure) as this is what is needed to maintain the building. We however adjusted the reserve fund contribution to £6,700
>> 
>>  
>> We hope we have understood your requirements and await your comments
>> 
>>  
>> Kind Regards
>> 
>>  
>> Clive
>> 
>>  
>>  <https://awh.co.uk/>
	
>>  
>> Clive Greenwood​​​​
>> 
>> BA Hons AssocRICS MIRPM
>> 
>> Associate Director and Head of Property Management
>> 
	
>> 12 Dorrington Street, London EC1N 7TB
>> 
>>  <mailto:clive.greenwood at awh.co.uk>	
>> clive.greenwood at awh.co.uk <mailto:clive.greenwood at awh.co.uk>

	
>> +44 (0) 20 7061 1100 <tel:+44%20(0)%C2%A020%207061%201100>
>>  
>> +44 78252 71452 <tel:+44%2078252%2071452>
	
>> www.awh.co.uk <https://www.awh.co.uk/>
>>  
>> From: Eleni Lionaki <eleni at elenilionaki.com <mailto:eleni at elenilionaki.com>> 
>> Sent: Monday, November 27, 2023 10:48 AM
>> To: Clive Greenwood <clive.greenwood at awh.co.uk <mailto:clive.greenwood at awh.co.uk>>; jdwhiteuk at gmail.com <mailto:jdwhiteuk at gmail.com>; antonella at santini.co.uk <mailto:antonella at santini.co.uk>
>> Cc: John Gardner <jg at interax.co.uk <mailto:jg at interax.co.uk>>
>> Subject: Re: 175/177 Sutherland Avenue - Draft estimated cost of services - 31 December 2024
>> 
>>  
>> [Notice: This email originated from outside AWH]
>> 
>> Clive, as I have said, I believe that we need to move single flats to £250 from £175 per month with a corresponding increase to double flats. If Antonella and John could weigh in, that would be great and then we can send out the demand notices for December.
>> 
>>  
>> With respect to a date for a meeting, I am fairly flexible in January. Do you want to say January 24th or 31st? If convenient for me to host, I'll need to do it around 6:45pm so the kids can be off at tennis.
>> 
>>  
>> Re the accounts, have you tried contacting Westbourne with the questions. The Directors are unlikely to have any of the answers you are after. I am pretty flooded at the moment, but can take a look next week.
>> 
>>  
>> Eleni
>> 
>> On 27/11/2023 08:36 GMT Clive Greenwood <clive.greenwood at awh.co.uk <mailto:clive.greenwood at awh.co.uk>> wrote:
>> 
>>  
>>  
>> Dear Directors
>> 
>>  
>> Ideally we would like to send the estimate with demands to Lessees prior to the commencement of the year- 1st January 2024
>> 
>>  
>> Please let me know if you require any amendments and I will forward to Lessees during December.
>> 
>>  
>> Have you any dates in mind for the AGM?
>> 
>>  
>> Kind Regards
>> 
>>  
>> Clive
>> 
>>  
>>  <https://awh.co.uk/>
	
>>  
>> Clive Greenwood​​​​
>> 
>> BA Hons AssocRICS MIRPM
>> 
>> Associate Director and Head of Property Management
>> 
	
>> 12 Dorrington Street, London EC1N 7TB
>> 
>>  <mailto:clive.greenwood at awh.co.uk>	
>> clive.greenwood at awh.co.uk <mailto:clive.greenwood at awh.co.uk>

	
>> +44 (0) 20 7061 1100 <tel:+44%20(0)%C2%A020%207061%201100>
>>  
>> +44 78252 71452 <tel:+44%2078252%2071452>
	
>> www.awh.co.uk <https://www.awh.co.uk/>
>>  
>> From: Clive Greenwood <clive.greenwood at awh.co.uk <mailto:clive.greenwood at awh.co.uk>> 
>> Sent: Monday, November 20, 2023 5:52 PM
>> To: Eleni Lionaki <eleni at elenilionaki.com <mailto:eleni at elenilionaki.com>>; jdwhiteuk at gmail.com <mailto:jdwhiteuk at gmail.com>; antonella at santini.co.uk <mailto:antonella at santini.co.uk>
>> Cc: 'John Gardner' <jg at interax.co.uk <mailto:jg at interax.co.uk>>
>> Subject: RE: : 175/177 Sutherland Avenue - Draft estimated cost of services - 31 December 2024
>> 
>>  
>> Dear Directors
>> 
>>  
>> Updates from below
>> 
>>  
>> You have the draft accounts with some queries which you may have the answers /comments on the accounts
>> 
>>  
>> The Company Secretary has yet to add David – but I have reminded him and it is in hand
>> 
>>  
>> I await a date to suit Directors for an AGM – I am fairly free in January but we need 21 days notice
>> 
>>  
>> I am awaiting a price for the internal, external decorations and roof repairs – I have spoken to the contractor who has undertaken a drive by and will forward. Antonella did you get one off your contractor?
>> 
>>  
>> The draft budget has been revised. Building valuation removed and probably a more palatable reserve fund of £5,000 included – attached
>> 
>>  
>> I await your comments
>> 
>>  
>> Regards
>> 
>>  
>> Clive
>> 
>>  
>>  <https://awh.co.uk/>
	
>>  
>> Clive Greenwood​
>> 
>> BA Hons AssocRICS MIRPM
>> 
>> Associate Director and Head of Property Management
>> 
	
>> 12 Dorrington Street, London EC1N 7TB
>> 
>>  <mailto:clive.greenwood at awh.co.uk>	
>> clive.greenwood at awh.co.uk <mailto:clive.greenwood at awh.co.uk>

	
>> +44 (0) 20 7061 1100 <tel:+44%20(0)%C2%A020%207061%201100>
>>  
>> +44 78252 71452 <tel:+44%2078252%2071452>
	
>> www.awh.co.uk <https://www.awh.co.uk/>
>>  
>> From: Eleni Lionaki <eleni at elenilionaki.com <mailto:eleni at elenilionaki.com>> 
>> Sent: Thursday, November 9, 2023 1:58 PM
>> To: Clive Greenwood <clive.greenwood at awh.co.uk <mailto:clive.greenwood at awh.co.uk>>; jdwhiteuk at gmail.com <mailto:jdwhiteuk at gmail.com>; antonella at santini.co.uk <mailto:antonella at santini.co.uk>
>> Subject: Re: : 175/177 Sutherland Avenue - Draft estimated cost of services - 31 December 2024
>> 
>>  
>> [Notice: This email originated from outside AWH]
>> 
>> Clive, when would we need to do a valuation? Presumably at renewal? Do you have a sense for the cost differential on the insurance? Presumably it will go up a lot if the value goes up massively?
>> 
>>  
>> My proposal would be to only include a sinking fund to the extend that monthly charges for single flats go up to £250 from £175 and obviously go up accordingly for double flats. We used to be at that level a few years ago. Up to Antonella and John what they think.
>> 
>>  
>> We had several follow-ups from the last meeting. Are these being addressed? Off the top of my head:
>> 
>> - Have you checked how we can appoint David?
>> 
>> - Re Atyanta, did you check that the payment did come through into our account and what is the plan for how she will clear off the balance by December?
>> 
>> - Account preparation, what is the plan there?
>> 
>> - Can you think about an agenda for the AGM and dates? 
>> 
>>  
>>  
>> On 09/11/2023 12:44 GMT Clive Greenwood <clive.greenwood at awh.co.uk <mailto:clive.greenwood at awh.co.uk>> wrote:
>> 
>>  
>>  
>> Dear Directors
>> 
>>  
>> Further to my email to Eleni in relation to the Building Valuation I attach a revised budget
>> 
>>  
>> I have removed the valuation fee and reduced the reserve provision to £25,000
>> 
>>  
>> I await your comments
>> 
>>  
>> Regards
>> 
>>  
>> Clive
>> 
>>  
>>  <https://awh.co.uk/>
	
>>  
>> Clive Greenwood
>> 
>> BA Hons AssocRICS MIRPM
>> 
>> Associate Director and Head of Property Management
>> 
	
>> 12 Dorrington Street, London EC1N 7TB
>> 
>>  <mailto:clive.greenwood at awh.co.uk>	
>> clive.greenwood at awh.co.uk <mailto:clive.greenwood at awh.co.uk>

	
>> +44 (0) 20 7061 1100 <tel:+44%20(0)%C2%A020%207061%201100>
>>  
>> +44 78252 71452 <tel:+44%2078252%2071452>
	
>> www.awh.co.uk <https://www.awh.co.uk/>
>>  
>>  <https://awh.co.uk/2023/09/26/how-proptech-is-defining-the-future-of-real-estate/>
>> . ​awh2022
>> 
>>  

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