| Comment | Contact shelter Scotland as a tenant/landlord for advice.
Also, if your in the Union or have home insurance you may have legal cover or at least legal advice cover.
Look up the tenancy act and "under one roof", if it's a health and safety issue the council can force repairs.
Also you have small claims ie simple procedure to take the factors on as well.
I am new to all this but I am the same as you and tempted to get rid of the factors.
Paying about £3000 a year amongst 6 flats. That's £30k every 10 years! With that much money we could fix any issues that occur.
Biggest issue with self factoring is non paying flat owners. I think it's one of the biggest cons in UK that's archaic.
We need to trim the fat here so that the few flats we have in Scotland don't get into a state of disrepair. Water carves mountains, people don't realise that little leak will cause 10s of thousands of pounds worth of damage. |
|---|