Why You Need An Inventory

Keys PhotoSince the advent of tenancy deposit protection schemes in 2007, the importance of having a professional Inventory for your property has become more and more clear. Landlords are no longer able to make unsubstantiated deductions from their tenant's security deposit as both parties are required to agree to any charges. If you have a good, professional Inventory Check In carried out at the start of the tenancy and a Check Out carried out at the end, there is less chance of a dispute between tenant and landlord when it comes to returning the security deposit. This is because good, detailed Inventory Check In and Check Out reports provide clear evidence to substantiate reasonable charges. An Inventories First report is easy to read, clear, accurate, detailed and all photographs are datestamped in order to provide excellent, reliable evidence where needed.

To understand the importance of documentary evidence such as Inventory Check In and Check Out reports, it is useful to take a look at some of the Case Studies published by adjudicators from tenancy deposit schemes. Where inadequate evidence is provided for the property's condition at the start or end of the tenancy, claims for damages are usually turned down, resulting in the landlord being left out of pocket. This certainly highlights that skimping on a good inventory service really is a false economy.
 

Garden PhotoUnfurnished Properties

A common misconception among inexperienced landlords is that it is not worth having an Inventory made for their unfurnished property. This can be a very costly mistake to make. A professional Inventory will include and detail not only the contents of the property but also the walls, floors, carpet, windows, radiators, bathroom sanitaryware, kitchen units, worktops and garden, etc. as well as cleanliness of the property. All of these type of items could potentially suffer damage from a tenant, which the landlord would expect to be able to charge for. However, if there is no Inventory detailing these types of items, there is no evidence of their condition at the start of the tenancy and making charges for damage found at the end becomes extremely problematic.
 

What The Experts Say About Inventories

"Without reasonably detailed check-in and check-out reports it can be extremely difficult to persuade an adjudicator that deductions from the deposit sought by the landlord are justified"

          The Dispute Service
 

"A well put-together inventory can give both landlords and tenants peace of mind throughout the occupation period"

          Association of Residential Letting Agents (ARLA)
 

"A clear description of the rented property and a proper record of furnishings, fittings and contents, as well as dated photographs showing their condition, has never been more important as it is today. Because if it's not on the inventory it doesn't exist"

          Residential Landlords Association (RLA)

 

"The dispute process relies on clear evidence to assess the proof of the landlord's deduction. If an initial inspection or inventory has not been produced this may weaken the Landlord's position"

          My Deposits
 

"An inventory should form a key point of reference for any deposit-return queries or issues over reported damage"

          Association of Residential Letting Agents (ARLA)
 

"The importance of a properly completed inventory cannot be underestimated"

          The Deposit Protection Service

 


Inventories First Contact Details 07702 814 809 claire@inventoriesfirst.co.uk

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