Why An Inventory?

An inventory is a precise and detailed schedule of the condition of the interior of a property; recording the contents, fixtures, fittings and decorative order. Using an independent specialist company to compile an accurate inventory at the start of a tenancy ensures impartiality and fairness to all parties, allows an accurate comparison to be made at the end of the tenancy and ultimately minimises disputes between landlord and tenant clients over deposits

The 2004 Housing Act made storing tenant deposits in an approved government scheme a legal requirement for landlords and letting agents. It is no longer allowable for the landlord or his agent to allocate funds from a tenants deposit to rectify damage or dilapidation above fair wear and tear without the tenant’s approval or consent. If a tenant denies a landlords claim then the matter can go to dispute resolution and arbitration. In a dispute a fair and unbiased inventory by a third party provider is the required evidential proof and the saviour of all parties concerned.