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Green vision launched

Letting agent pioneers electric charging points for tenants

Derek Macdonald

Derek MacDonald: ‘driving change’


Scottish letting agent Newton Property is to install electric vehicle charging points in properties it factors as part of a £100,000 initiative.

Newton is the first private property factor to make such a commitment and aims to have at least 50 charging points operating by 2020.  

The Scottish Government has set a target to phase out new petrol and diesel cars by 2032 in a switch to battery electric and plug-in hybrid electric vehicles. 

Newton Property, which has 20,000 factored customers and 600 letting clients, has grown at a rate of over 10% year-on-year to become one of the top five privately-owned factoring companies in Scotland.

The firm’s turnover for 2019 is expected to be £3.5 million with transactional cash flow in excess of £20m. 

Newton’s Green Vision campaign includes a rang of solar power, renewables and low energy targets.

Derek MacDonald, joint managing director, Newton Property said: “We want to help our clients future-proof their properties by driving change and allowing them to take advantage of new eco-technologies which will help save them money in the future.”

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