Dear Owner

Thank you for clarifying the breakdown for this year. Regarding the increase over the years, my records only go back to 2010, and in that 4 year period, the increase is £211.97. This equates to an increase of nearly 26%, or an average of 6.5% per year, which is well above inflation. Therefore, I still do not see how these increases can be justified.

You mentioned that the reserves had increased this year by £74! I cannot understand why they need to be increased by such a large amount.

I look forward to receiving an explanation from somebody who is responsible for setting the level of maintenance fees.