Factoring firm debuts paid internship scheme

A Scotland-wide property factor has launched a paid work experience scheme over the summer holidays, saying it hopes to see other firms in the sector follow its example.

Newtonproperty,whichsays it covers residential properties worth more than £2 billion across Scotland, said that it will pay the national living wage to participants, children of clients who will be able to join property visits, contractor meetings and inspection of developments with experienced property managers.

The scheme will operate from Newton’s offices in Glasgow and Aberdeen – it has also a site in Inverness – and joint managing director Derek Macdonald described it as “quite a radical step-change for the sector”.

He added that it aims to “invest in nurturing and attracting talent from an early age… We hope that by next year other factoring companies will roll out similar initiatives and yet more students will be taken on.”