Why Every Multi-Unit Building Needs a Property Factor There are many reasons why a property factor is essential for a multi-unit development. For most homeowners, their property is their greatest asset, so ensuring that not only their home, but also the surrounding...
Good communication is one of the biggest things homeowners value from their property factor. Whether it’s a repair update, contractor visit, or question about shared costs, people simply want to know what’s happening and when. At Taylor & Martin, we believe clear...
Self factoring versus using a property factor: the key differences Scotland has many buildings and developments that do not use a property factor to manage their communal areas, opting instead to manage matters themselves. Many have done so successfully for years and,...
Many homeowners in factored developments receive their deeds at the point of purchase and rarely look at them again. Yet these legal documents do far more than confirm land and property ownership. They determine shared repair responsibilities, set restrictions, define...
What do property factors do? Factors play a central role in the day-to-day management of common elements in both shared residential and commercial properties. Regulated by the Scottish government, the position involves organising essential maintenance and managing...
Repairs and maintenance are a core part of property factoring. Ultimately, how property factors manage repairs and maintenance depends on the processes they put in place and the experience of the team involved. At Taylor & Martin, we use a structured and proactive...