Swapping Factors
Want a hassle-free switch? Find out how easy it is to swap factors.
Changing your residential factor can often be perceived as a daunting task, but in reality, it’s a straightforward process. The first step involves reviewing your Deed of Conditions, which outline your rights and obligations, including your ability to change your factor. Most deeds will allow for a change if a majority of homeowners 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.
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.
Get in touch today, switching factor has never been easier!
Our fresh and new approach to building management. Factors Direct have an enthusiastic team ready to provide a hands-on service to our clients. We are eager to build relationships and establish ourselves as a reliable and forward-thinking factor. We don’t want to just be reactive; we want to be proactive and add value to our client’s building which is in their interest for the long run.
Property managers
Joint owners
Who’s agreement do we need?