Cordale Housing Association Factoring Service 

Cordale provide factoring services and affordable home ownership.

What is a Factor? A Factor is a Property Manager who has been appointed to manage the communal areas within a development of flats and/or houses. 

What does a Factor do? A Factor will maintain the common areas within the development and some common parts of the building on behalf of the homeowners.  It is the homeowners’ responsibility to make sure the common parts of their building are kept up to standard and the factor is there to help owners do this effectively.

If you live in a property with areas of common ownership or maintenance responsibilities, you and the other owners in the block and development will be responsible for the costs of maintaining and repairing these areas. 

We provide a range of factoring services that include common grounds maintenance, common repairs, common insurance and common utilities to assist with this. 

People who use our Factoring Services:

Factoring Customers: Any customers who would like to make use of our above factored services for their neighbourhood, block or development. 

Our Sharing Owners: who own a percentage of their home and pay an occupancy payment to Cordale Housing Association.

Our Shared Equity Owners: who have purchased a large percentage of a property from us with the Scottish Government holding the remaining equity in the home.

'Right to Buy' Owners who have own a property within one of our developments. Please note that Right to Buy ended for all council and housing association tenants in Scotland on 31 July 2016. Further information on the end of Right to Buy is available on the Scottish Governement's website