Dear Owner,

After many years of service to Regatta Point the current Directors feel it is time to let others take on the mantle of running the Freehold Company. Three of the current incumbents have served on the Board for over 5 years and two of those for over 9, in roles that are not without serious accountability.
We are therefore writing to all Owners asking for people to share this role of being custodians of Regatta Point. We hope that we can form a wider pool of people to draw on – to share the work on a more rotational basis.
The main purpose of being a Director is to look after Regatta Point and therefore to look after your own living place or investment. Most of the day to day work is carried out by the caretaker and the managing agent, HML. Therefore, the most important aspect of being a Director is to commission work to maintain standards, and even improve the environment, so that the building will always look contemporary and loved. If Regatta Point leaves a good impression, then it attracts buyers & renters, whilst at the same time ensuring living here is a pleasure. So, being a Director is in an Owners self-interest. We would, of course, spend time bringing any new (or familiar) Owner up to speed on the roles and responsibilities. We also believe we are in a good position to hand things over as we have no major debts or projects at this moment. We have also recently received a detailed report on the state of the building and a proposal for maintenance for the next ten years which should form the backbone of activities into the future. We therefore invite you to express an interest in stepping up to this opportunity to help. Without volunteers we will, regretfully, be investigating employing a building manager in our stead, with all the service charge costs this involves.

If you are interested please email directors@regattapoint.co.uk

Regards,
The Directors – Regatta Point Freehold Limited