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How to change property factors

How to change a property factor

If you are unhappy with your current factor or perhaps you self-factor. At Factors Direct, we pride ourselves on providing a hands-on, proactive residential factoring service that helps maintain your property to its highest standard. But first, let’s answer the important question – How do you change factors?

It is not as hard as you think it is,  it’s a straightforward process. The first step involves reviewing your title deeds, which outline your rights and obligations, including your ability to change your factor. Most deeds will allow for a change if most of the property owners agree.

Once you have the majority approval, it’s time to notify your existing factor about the change. You can typically do this via a written letter or email, ensuring you’ve clearly stated the date of termination for the contract, as per your agreement.

Next, it’s time to choose your new factor – that’s where we come in.

At Factors Direct, we make the transition as smooth as possible. We offer a myriad of services designed to ensure your peace of mind, including regular building inspections, proactive and reactive maintenance, insurance claim support, and 24/7 availability.

One of the key advantages of choosing Factors Direct is our proactive maintenance plan. We don’t just react to emergency repairs; instead, we work diligently to reduce their frequency. Our routine maintenance includes internal and external cleaning, window cleaning, lift and fire alarm maintenance, landscaping and gardening, and much more.

In addition, we believe in complete transparency. That’s why we offer regular invoicing and an online owner portal to help you stay on top of everything. With our free quotation service, regular homeowners’ meetings, and a single qualified point of contact, you can be assured that your building is in good hands.

Based in Central Scotland, Glasgow, and the surrounding areas, we’re always available to assist you with your residential factoring needs. We understand that your property is a valuable asset, and we strive to uphold its value through our exceptional services.

Changing factors is not just about switching service providers; it’s about upgrading to a superior, comprehensive service that protects your property investment. So, why wait? If you’re ready to make the change, get in touch with Factors Direct today. Our team is ready to assist and answer any questions you might have. Experience the peace of mind that comes with a reliable, transparent, and proactive property factor.

Get in touch with us today via our website.https://factorsdirect.co.uk/