Property factoring

A property factor is an organisation appointed to manage the maintenance of a property, owned by more than one person. They arrange repairs with a contractor and issue bills to each owner for their share of the cost.

We act as a property factor where we own one, or more, properties in a common block.

A property factor must:

• register with the Scottish Property Factor Register
• prepare a statement of services
• follow the Scottish Government's Code of Conduct for Property Factors.