News

Home > What is a Sinking Fund?

What is a Sinking Fund?

A Sinking Fund is a separate fund set up on behalf of homeowners, to cover the cost of large repairs in the future. Homeowners pay regular instalments towards the fund, which protects them against unforeseen expenditure such as lift replacements or major roof works. Dependent on the level of funds held, this can be used to offset, or fully fund such projects.

A Sinking Fund must be stipulated within the Title Deeds, to be considered a formal Sinking Fund, and funds are non refundable, even when ownership changes.

Contact us

Our office hours are 9am to 5pm Monday to Friday, the best way to contact us during this time is via Live Chat.

If you would prefer to call rather than use our Live Chat function, please use the below:

Head Office

60 St Enoch Square
Glasgow
G1 4AW
0141 221 9266

Lettings Office

89 Byres Road
Glasgow
G11 5HN
0141 334 3670

Dundee

Unit 21A City Quay
Camperdown Street
Dundee DD1 3JA
01382 201 535

Edinburgh

6 Clifton Terrace
Edinburgh
EH12 5DR
0131 346 8989
Ross + Liddell Limited | Registered in Scotland (No. SC097770) | Registered Office 60 St Enoch Square, Glasgow, G1 4AW | Copyright © Ross + Liddell 2025. All rights reserved.
Ross + Liddell Limited is authorised and regulated by the Financial Conduct Authority in relation to arranging insurance. Please see our Insurance Page for further details.
Property Factor Registration No: PF000196
Letting Agent Registration No: LARN1805012

Sorry this answer wasn't helpful.

We're always looking to improve, please let us know how we could make this answer better:

Please enter at least 10 charachters
Thank you for your suggestion. Our team will review this shortly.

Think we're missing something?
You can chat with our team live between 9am and 5pm using the Live Chat function.

Still have a question?
Suggest a question you'd like to see added to our service Hub:

Please enter at least 10 charachters
Thank you for your suggestion. Our team will review this shortly.
This website uses cookies
This site uses cookies to enhance your browsing experience. We use necessary cookies to make sure that our website works. We’d also like to set analytics cookies that help us make improvements by measuring how you use the site. By clicking “Allow All”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts.
Privacy Policy >
These cookies are required for basic functionalities such as accessing secure areas of the website, remembering previous actions and facilitating the proper display of the website. Necessary cookies are often exempt from requiring user consent as they do not collect personal data and are crucial for the website to perform its core functions.
A “preferences” cookie is used to remember user preferences and settings on a website. These cookies enhance the user experience by allowing the website to remember choices such as language preferences, font size, layout customization, and other similar settings. Preference cookies are not strictly necessary for the basic functioning of the website but contribute to a more personalised and convenient browsing experience for users.
A “statistics” cookie typically refers to cookies that are used to collect anonymous data about how visitors interact with a website. These cookies help website owners understand how users navigate their site, which pages are most frequently visited, how long users spend on each page, and similar metrics. The data collected by statistics cookies is aggregated and anonymized, meaning it does not contain personally identifiable information (PII).
Marketing cookies are used to track user behaviour across websites, allowing advertisers to deliver targeted advertisements based on the user’s interests and preferences. These cookies collect data such as browsing history and interactions with ads to create user profiles. While essential for effective online advertising, obtaining user consent is crucial to comply with privacy regulations.