First, we’ll meet with the owners’ committee to discuss any current issues you may be having with your factor. We’ll then carry out a free review of the main costs on your factor’s bills (including buildings insurance, energy costs, contractors’ costs and maintenance costs) and report back to you with our suggestions on how to make savings.
In some cases, the owners’ committee may decide they want to replace the factors.
This might be due to poor service, poor cost control, or a conflict of interest (for example, if factors are taking commissions from preferred insurance companies).
We can help by inviting tenders from trusted factors who offer better value for money to owners. We are totally independent, meaning we don’t take any commissions from factors or suppliers, and can offer impartial advice.