Transparency in Property Factoring Ep 1: Debt, Trust & Reform with Derek MacDonald & Mark Griffin MSP

In the first episode of our special Transparency in Property Factoring series, host Brian Welsh is joined by Derek MacDonald (Newton Property Management) and Mark Griffin MSP (Shadow Housing Minister) to unpack some of the most pressing issues facing Scotland’s factoring landscape today.

From inherited debt and tribunal complexity to public trust and proposed legislative reform, this conversation dives deep into the real tensions between homeowners, property factors, and government, and explores what meaningful change might look like.

We discuss:

• Why homeowners are receiving unexpected bills for historic debt
• Whether the First-tier Tribunal is accessible or broken
• The challenges around switching factors and rebuilding trust
• Proposed reforms to the Property Factors (Scotland) Act 2011
• The role of not-for-profit models and public perception
• What transparency really means in today’s factoring market

🎧 Note: There were some technical issues with audio on the day. We’ve done our best to balance the sound, but the insight is well worth your time.

Watch on our YouTube Channel.

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