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GMV - Appeal to immediately suspend collection of reserve funds

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To

The Directors,

GMV Management Company Ltd

London

Sub: Appeal to immediately suspend collection of reserve funds from

Leaseholders.

Dear Sir/Madam,

As you are aware, we are going through unprecedented times with the current

Pandemic in UK and rest of the world. As more restrictions are placed on us each

day, leaseholders of GMV are facing uncharted pressures on finances. Sadly, some

of us have lost jobs or in the process. For most others, income levels have dropped

significantly. With no or reduced income for unknown period of time coupled with

regular unavoidable expenses, we do not know how long we will be able to sustain

the pressure.

Governments and Banks have taken lots of initiative to help people at this time. We

believe GMV management should immediately look into this and support the

leaseholders.

Given the uncertainty we the leaseholders are facing with current situation, we ask

the management of GMV to immediately suspend collection of reserve funds as we believe a healthy reserve fund has been achieved from previous collections. It is understandable that funds for maintenance of Village are

still required. We request the management to keep the service charge to as low as

reasonably possible by engaging only in essential work.

Your immediate response is highly appreciated.

Sincerely,

GMV Leaseholders


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