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Do you have a problem
with your factor? Property managers in Scotland are by and
large unregulated. This has enabled some companies to develop
sharp and unfair practices.
For example, charging
£17.62 per 'reminder letter' in addition to compound interest,
issuing 'reminder letters' every week, registering liability notices
for minor arrears, using the court system aggressively for small
debts and deploying diligences such as exceptional attachment orders
(warrant sales) and bankruptcy disproportionately.
All of this by
companies who are supposed to act in good faith on behalf of
homeowners. You employ them but what can you do if you are
unhappy with your property factor?
<<
Navigate the links to find out what you can do. Your
comment.
If you know of a good
property factor in Scotland, let us know and we may add them to our recommended
list. You
can also support Patricia Ferguson MSP's call
for a change in the law. Please note we cannot give advice on
individual cases unless you reside within Glasgow Govan.
Click here to find out where you can
obtain free help in Scotland.
Update:
Glasgow's Evening Times newspaper launches a
major campaign for a fair deal from factors (5 February 2008 onwards).
Scotland's
Property Nightmare - link to BBC Frontline
Scotland's report on property factors (broadcast on BBC 1, 9 January
2008). Your feedback to the BBC - 'have
your say'.
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