Selling your home

When a homeowner sells a factored property, the factor is required to work out how much the seller owes for common services provided up to the date of sale. This is called an apportioned account. Your title conditions contain the requirement that you inform us when you sell your property, which is usually done through a solicitor or other agent handling the sale. The Association will provide the seller’s solicitor with an apportioned account, within 10 working days of receiving a written request. 

A charge of £30 is made to cover the administration costs involved and is added to the seller’s account. This charge is subject to annual review. 

A charge of £70 is made if an apportioned account is required in less than 7 days from the date of request. This higher charge reflects the additional administration costs involved and is added to the seller’s account. This charge is subject to annual review. 

A charge of £20 is made if additional documentation is required e.g. copies of building warrants, guarantees, warranties, certificates. This charge is subject to annual review. 

Please note a selling owner becomes responsible for the cost of any works, including cyclical and major repair works, at the point we instruct the work. The selling owner must pay these costs even if they are no longer the owner when the work is actually carried out.