Inventories

Inventory Reports

Why is an inventory necessary?
The main reason why an inventory is necessary is its ability to help landlords and tenants avoid disputes. The inventory should state who is responsible for maintenance and repair. For example, if the bathroom door handle is loose at the start of the tenancy and it breaks off completely during the tenancy, the landlord is liable to fix it. The inventory will help landlords and tenants avoid a disagreement over who is liable for repairs and maintenance and allow for clarity on what can be classed as wear and tear.  

Wear and tear is inevitable during a tenancy, but because an inventory details the condition of all items in the property and the property itself at the start of a tenancy, if items are broken or need to be replaced, then the landlord can refer to the inventory. The cost of replacing any items can then be deducted from the tenant’s deposit, compensating the landlord.  

  • Inventory Report

    An inventory is a concise and detailed list of the contents, fittings and fixtures of a house, flat or office that is being let. This includes everything from the carpets and curtains to all the furnishings (if furnished). An Inventory provides a clear concise snapshot of the property at the time of the inventory completion with digital photographs provided to support the report. The inventory must be carried out by a third party, independent inventory specialist otherwise it will be considered bias and will not stand up in a court of law when needed to be relied upon.

  • Check-In

    A check in report is prepared at the beginning of each new tenancy. This report should be carried out immediately before the new occupants move into the let property, where possible on the same day. In order to conduct a check in the original inventory report must already be prepared, each item on the original inventory will be checked, it’s presence/absence and condition noted. Keys and meters are also checked and the readings are recorded. The tenant will then sign the report to confirm its accuracy. On the day of check in the property must be in a suitable condition to be let and all maintenance and cleaning should already have been carried out.

  • Interim-Inspection

    An interim inspection is made part way through a tenancy and looks at the condition of the property, its contents and any issues there may be. It can also be used to identify if any of the property requires repair, restoration or maintenance or is in need of decoration. Photographs will accompany this inspection.

  • Check-Out

    A check out report is compiled at the end of the tenancy, once the tenant has moved out and prior to any cleaners, builders etc entering the property. We compile a report that goes through the condition and contents of the property against the original inventory and check in reports, whilst allowing for fair wear and tear. Meter readings will be gathered and the correct number of keys recorded. This report is also photographic.

Share by: