Owning a property can be expensive, in fact it’s probably the most expensive purchase you’ll ever make, and the costs don’t stop at the sale price. The running costs of a home, at any size, can be a strain on your finances and when it comes to your monthly bills, you...
What is a sinking fund? A sinking fund, also known as a reserve fund, is a separate fund set up on behalf of the homeowners to cover routine/unforeseen repairs and major works on common areas of the property. What is the benefit of a sinking fund? A sinking fund adds...
When selling your property, as the homeowner there a number of responsibilities to ensure the legal transfer of ownership, and one of those responsibilities is informing your property factor of your intention to move. This is called the ‘letter to factor’....
When thinking of property factor and the type of properties they manage, we most commonly associate blocks of flats, such as tenements and new build developments. But in truth, there are a wide range of properties and homeowners that require property management, such...
A listed building is a building or structure that is considered ‘special’. To become listed, a building must meet criteria that has been set by Scottish government. The criteria for listing includes, · Age and rarity · Architectural interest · Historical...
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