homeowners
Invoices are normally raised and issued on a quarterly basis per the following schedule:-

 

Q1 1 April – 30 June
Q2 1 July – 30 September
Q3 1 October – 31 December
Q4 1 January – 31 March

 

All invoices will routinely include the Factor's management fee and the buildings insurance premium. Most invoices will include your share of any common property repairs and any property management services arising during the period.

 

Some invoices will include your share of any cyclical maintenance or planned investment costs.

 

A small number of invoices may from time to time include administrative or legal costs specifically attributable to your account.

 

All invoices will carry forward any outstanding balance from the previous period.

 

Invoices are generally issued within one calendar month of the previous period end.

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