Dear OH 5 Owners
Please be advised that as of today our IBAN Bank details have changed to those stated on the document click below link.
The reason for the change is that COOP Bank is split into many small banks and our bank COOP Karpasia is now finishing and all accounts are being taken over by COOP Makrasyka. Other than that details remain the same.
On the point of payments, we thank all responsible owners that are paying in regularly, however there are still a number of owners (even some resident) that have not paid for a long time nor to they respond to communications and accounts sent out by KSL.
Payments have always been our major stumbling block to run the complex and address issues like sewage. Non contribution completely stunts progress and does not let our professional management company get on with the job at hand. To tackle the issue of consistent non payers due process is being followed and legal letters will be prepared in addition to debt collectors getting involved with door to door negotiations. KSL were mainly contracted because of their excellent record as a company to collect funds and turn around the fortunes of complexes with collection issues, which is our main challenge. Only established companies like KSL (not individuals or committees) can make the necessary agreements with collection agencies to recover much needed funds.
If any owner has genuine difficulty to pay due to the financial crisis or other reasons we are always more than willing to listen and find solutions with reasonable payment plans etc. However, by completely avoiding any communication whatsoever and continue not to pay leaves us with no option but to turn to collection agencies (also in the UK / Europe) and the courts.
Updated Bank Details
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