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Factor15

Factor15 is a new property management company that provides a service to help home owners be proactive in maintaining common areas within the shared property and organise repairs and upgrades when required. The protection of your property is also protection of your investment.

Factor15's aim is to help maintain the growth in value of your property as they deal with and remove the inevitable hassle and worry involved in reaching agreement over, and organising, common repairs.

Factor15 works closely with Edinburgh Elite lettings to maintain property in which the latter letting agency has an interest. Factor15 do not have a standard contract which they force on prospective clients. We are willing to draw up an agreement that takes account of the unique circumstances of each property.

For a competitive annual fee Factor15 will:

  • Organise everything related to the upkeep of the common areas;

  • Act as the property manager to your shared property;

  • Provide a minimum of an annual inspection report of roof, plumbing and fabric of the property;

  • Supply a surveyors report and recommendations

  • ensure our appointed surveyor or property manager will arrange and attend meetings to discuss the way ahead;

  • Provide outline estimate of costs;

  • If owners agree to act on recommendations, obtain three detailed quotes for comparison and agreement;

  • Calculate and collect each owners share of the cost;

  • Use approved contractors to carry out the work;

  • Act as Project Manager for agreed work and regularly check and report on progress of work on site;

  • Organise reactive repairs.

  • Arrange routine maintenance contracts - e.g. stair cleaning, lighting.

  • Manage all invoices and payments

  • Oversee collection of stair cleaning fees, organise routine maintenance such as painting of stairs, lighting, checking controlled access systems and aerial systems;

  • Offer general help, advice and guidance;

  • arrange contract administration; and

  • Help you make the decisions while allowing you to stay in control.





















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