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Factors charges


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  • 1 month later...

First step should be to check with the other tenants/residents affected by this to establish what they've been charged. Only then will you be able to see whether or not your costs are fair, or failing that, equal to what others have been charged.


You also need to see if the amount claimed includes any penalties, interest or one-off costs. Without more details its not easy to comment.


The factors we use (Peverel) work under a code of conduct which many factors subscribe to. This lays out precisely how they arrive at their costs, but stops short of telling them what to charge as each factor's business will have different overheads and running costs.


You mention legal charges - are you in dispute already or is this to do with unpaid bills?

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