In todays climate an independent, unbiased inventory is more essential than ever. Since the introduction of the Tenancy Deposit Scheme (TDS) on 6 April 2007, all deposits (for rent up to 25,000 per annum) taken by landlords and agents for Assured Shorthold Tenancies (AST) in England and Wales have had to be protected by an authorised tenancy deposit scheme. The TDS is run by The Dispute Service under a Government awarded Contract. It is compulsory for tenancy deposits to be registered with a tenancy deposit scheme, designed to safeguard against unfair deductions from the tenants deposit. If a formal dispute arises regarding the condition of the Landlords property, an independent adjudicator is then tasked to assess the facts and evidence provided before any deductions are made. The onus is on the landlord to provide evidence that damage, beyond that of general wear and tear, occurred during the tenancy.
For this reason, it is essential that a reliable, meticulous documentation of the condition of your property is carried out prior to the tenant entering the property. The state of the property when the tenant leaves is then compared to this, and the landlord has hard proof that the changes occurred during the tenancy. The importance of an inventory must not be underestimated and it must be robust and defensible in order to hold its own in the eyes of an adjudicator or in court (TDS, November 2011). In summary, the recent legal changes mean that in order for landlords to ensure their property is fully protected an inventory is essential. This inventory must be detailed and experience is key when constructing this document. Bias must be avoided, and so an independent inventory will ensure protection for both tenant and landlord. It is crucial this is correctly constructed as the inventory will form the basis for any legal disputes that may arise.
Inventoryclerk Worthing are a fully independent and professional inventory company, providing inventory services for letting agents, private landlords, tenants and corporate companies. We hold full public liability and professional indemnity insurance.
Since the introduction of the tenants deposit scheme (TDS), the importance of a fully comprehensive and detailed inventory has never been greater. With Inventoryclerk Worthing you will receive a service that is not only comprehensive and detailed but presented in a crisp, modern and easily read format.
A new feature to our calendar system is PAPERLESS, where everything is done online; this includes any changes your tenants need to make to the inventory, as well as when it needs to be signed by. The system even sends text messages reminding tenants of the cut off dates for any changes they wish to submit. This technology not only saves you on printing costs but also removes the burden of chasing your tenants to return the signed inventories to your office.
All reports will be emailed within 48 hours (24 in an emergency).
- Worthing, Goring-by-Sea, Findon, Ferring, East Preston, Angmering, Patching, Rustington
|Phone Number||077 2603 1972|