Hi, When I was last over (August), there were 21 sold. 17 to contract and 4 in the process. We bought that week and another couple bought the next day, which would have taken it to 23, so it is heading in the right direction.
My main concern on the access control is that to resolve this properly and make sure that it is doing what it should do you need to have access to every flat, and this is easily achieved at this stage but a logistical nightmare if it's left. My business is CCTV and Access Control, so I know what problems they will face, and the hefty bill that this could be, so I am keen that this is sorted out in advance; after all they have advertised it as a secure gated development. With the remote location that this has, I would view this as a priority.
With regards to the lifts, there were changes in regulations and if these have not been certified before the change then they will need to be re-done with adjustments on the doors and a landline connection (not a sim card as some are), and connection to a call centre. This can be a minefield and if they are condemned then the bill for that will be telephone figures to put it right. They may be OK, there is no way of knowing without the correct information and this has not been forthcoming from Barclays to date.
The management company is a company that Barclays have appointed and they are in Madrid. My understanding is that there has never been anyone from the company set foot on the site, but of course it is all about the interest of Barclays from their point of view, so all the strings are being pulled by the bank at this stage.
From looking at the site and common areas, it is hard to say why the maint fees are as high, but most of this will be going to Madrid for this year. I think it is essential that we completely analyse the books at the first AGM and get to grips with getting the maint to a level where it is correct and appropriate for the level of service that is being provided.
Food for thought.