Do I have to insure my flat through factors?

I BOUGHT my four-in-a-block flat 10 years ago and my bank, who provided the mortgage, said I would have to insure my property through the factors.

Loading Comments

This, I was told, was because one of the four flats was still a council property. I would like to get insurance with another company which seems to be cheaper and with better conditions than the policies I have got.

Am I tied to the factors?

CHECK your title deeds. For ex local authority properties there is usually a condition that insurance is arranged centrally.

But there may also be provision for the owners of a certain number of units to get together and vote the factors out which would allow you to make your own insurance arrangements.

If one of the properties is still under local or social ownership, it is almost certain they have the casting vote on block insurance.

MY DAD died. As I am the oldest, I was named his next of kin and because my brother did not want the funeral bill in his name.

It turns up my father had paid too much council tax. I phoned the council who said my brother told them not to discuss it with me.

Could you tell me where I stand - I have still £600 to pay for the funeral and took a £500 loan to pay other costs.

YOU have the right to be appointed executor of the estate, to gather any money due to your late father, and use it to pay debts.

If your brother gets the money before you can get the court appointment (sheriff court officials will help you with the forms) you can sue to get it back as the money belongs to the estate, to be used first for debts, and only then divided up.

I RUN a small business and lease an office in a block. The factors are not good at doing repairs and seem to bill us highly ever six months with nothing much to show for it.

Can we get together with the other tenants sack them?

PROBABLY not. You are only a tenant and your lease will almost certainly not contain powers to vote in any factor's meeting as it would the owner - your landlord.

Best you can do is relay your worries to your landlord and hope he/she/they will act. But as they are not paying the common charges, they might be less than enthusiastic to help. Commercial leases have the tenant liable for all maintenance but with little or no power.

I TOOK out a loan to be repaid over five years.

I have now been diagnosed with cancer and the prognosis is not good. When I die, what happens to the debt?

My estate won't be enough to pay the balance unless I live for a fair bit longer.

THE debt will not transfer to your children. If there is insufficient money in your estate and there is a debit balance left, the bank will have to write it off.


Commenting & Moderation

We moderate all comments on Evening Times on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.


Have you got a story?

Contact the news desk on 0141 302 6520 or email
                A weekly round up of social highlights                

A weekly round up of social highlights


Cat's Eyes on Glasgow


Why the Harlem Globetrotters weren't so slam dunking and making a boob at Debenhams

Free swim at a Glasgow Club pool for every reader - Click here



Gail’s Gab

Gail’s Gab

Gail Sheridan is a mother-of-one and wife to Tommy and she likes to get political with the hot topic of the week in her column Gail’s Gab.

            Michelle McManus            

Michelle McManus


Sussed in the City


Why women are better at spotting so called 'bluff' when it comes to the independence debate.

Janice Bell

Janice Bell

You couldn’t make up half the stuff that happens to PA Janice Bell- some of the jams she gets herself into are worth a story or two.