Changing your property factor is a lot more straightforward than you think. It’s a common misconception that switching your factor is a complicated process that’s more hassle than it’s worth – but we’re here to tell you this isn’t the case.
Taylor & Martin make the process of switching simple -all you have to do is reach out and start the discussion.
In this blog, we aim to debunk four common misunderstandings surrounding changing your property factor in Scotland. We’ll shed light on the realities, benefits, and essential considerations that you should be aware of.
Together, we’ll separate fact from fiction to empower you to make informed decisions about your home ownership.
Myth 1: You’re stuck with your current property factor
You might think a property factor is fixed or that you’re contractually obliged to stay with one factoring company forever. This isn’t always the case. And there could be a factoring company that is much better suited to your property and expectations of service.
If you’ve considered changing your gas supplier, electricity supplier, and broadband provider in search of a better deal; why wouldn’t you consider changing your factor?
We helped over 500 homeowners switch in 2023. Are you next?
Myth 2: It involves a lot of work and organisation
Endless forms, spending time on the phone with your current factor – you might think that there are endless hoops to jump through to change your property factor. However, this is a myth that we’re happy to dispel.
We pride ourselves on taking the hard work out of making the switch. We’ve created an online resource outlining the steps involved and where you can download templates of essential paperwork, such as a proposal letter to share with your neighbours if you live in a block and a cancellation of current agreement letter to send to your factoring company.
Should you be looking to make a change, simply get in touch and a member of our team will help you navigate the process smoothly.
Myth 3: You need to involve everyone in the building
Many flat owners believe that changing who manages your property requires buy-in from all parties – we’re pleased to say that this isn’t the case. For instance, if you have a neighbour who doesn’t engage in building matters – this doesn’t mean a switch can’t go ahead.
Taylor & Martin only require a majority of homeowners to make the switch. If there’s a landlord who you can’t get in touch with or a neighbour who doesn’t engage; we can still help you out.
We’ll send out information to pop through your neighbour’s doors and source some of the required documentation ourselves. We’ll even provide you with the legal wording you need. We can also attend homeowner meetings to discuss our service further and answer any questions your neighbours may have.
Myth 4: All factoring companies are the same
Taylor & Martin’s mission is to be the most service-driven property management company through proactive management and personal service.
Taylor & Martin provides a property management service for homeowners across Scotland who want a hands-on, personal service which suits their needs.
When it comes to pre-1919 traditional Glasgow tenements, there’s no better partner to work with. From tiling to shared spaces, ageing structures, and skylights; we know what’s needed to ensure the highest standards of care and attention to detail.
And whether you live in a tenement, a new-build apartment or a townhouse, we understand that every property is different. That’s why our factoring service is tailored to each property.
We facilitate a range of property management services, from day-to-day maintenance to varying levels of repairs. We ensure communal areas of properties are maintained to the highest standard. In short, we care for your property like it’s our own.
Our premium service is an investment in the well-being of your most valuable asset – your home.
Find out more
Talk to us about how our bespoke service provides value for money and peace of mind to you and your neighbours.