When your new tenants move into a cared-for, clean property, you’re setting their expectations for how your property should be looked after. To create the best impression, an end of tenancy clean will show your new tenants the property in the best condition possible.
What’s involved in an end of tenancy clean?
The purpose of an end of tenancy clean is to deep clean a rental property before the next tenant moves in, which is particularly important in the shadow of Covid-19 and with people’s enhanced concern over health.
The depth of cleaning doesn’t just refer to how clean a place is but also what is cleaned. A deep clean ensures the removal of dirt, hair, grease, stains and limescale throughout the property, including ovens, white goods, soft furnishings, cupboards and even outdoor spaces.
Why have an end of tenancy clean?
As a landlord or agent, you should only expect the tenants to maintain the property to the standard they found when they first moved in. Good tenants will strive to keep to this standard so that they don’t risk losing their deposit, but even with the best of intentions, they may not be able to meet the professional standard you want for your next tenants.
While setting the right standard is the fundamental reason for end of tenancy cleaning, there are knock-on effects:
- Making your property an attractive prospect for potential new tenants to increase rental success.
- Letting agents can reassure landlords that their property is being well kept by maintaining clear and high cleaning standards.
- Professional end-of-tenancy cleans can be done quickly to minimise periods between tenancies.
- Professional cleaning services are familiar with working to an inventory and achieving the required standards.
- Well maintained properties are more likely to achieve the desired rental income.
How to set the standard for your end-of-tenancy cleaning
The cleanliness of a property is the leading cause of deposit disputes between landlords and tenants, but these can easily be avoided. Rather than relying on individual interpretations of “clean”, the check-in and check-out inventories can be essential tools for defining expectations. When they are set, the end of tenancy clean then becomes an essential means of preparing for the end of tenancy and pre-tenancy checks.
Using the check-in inventories and cleaning schedules provides clear details against which tenants, landlords, and agents can assess. With the addition of photographs to any written comments, it becomes clear for all to see any difference in standards of cleanliness. This mitigates the risk of disputes, making it easy to deduct money from the deposit to clean where there is good reason and avoid third-party arbitration, which saves time and expense.
As a landlord or letting agent, you want a good reputation; maintaining a clean and healthy environment for tenants will go a long way to achieving that while ensuring they take good care of your property investment. If you are looking for a professional end of tenancy cleaning service, Kompleet offers a fast and thorough service at competitive prices.
No Letting Go
If you would like to discuss how our local support or national network at No Letting Go could become your property management partner, streamlining your costs, reducing your workload and protecting your investment with accurate property inventories and checks, then contact us today.
The introduction of the government’s stamp duty holiday scheme has had a significant positive impact on the housing market but there is now speculation about what happens when this popular scheme begins to wind down from June onwards and the effect it will have on buyers’ behaviour and the market.
Why was the stamp duty holiday scheme introduced?
In July 2020 the Chancellor of the Exchequer, Rishi Sunak, announced that the government would temporality increase the lower limit from where stamp duty on property purchases would be paid to £500,000. This measure was taken to boost the housing market, which had been hit dramatically by the first lockdown, and to support buyers whose finances were badly affected by lockdown.
The scheme has been a success; 2020 saw the busiest October for a decade for residential transactions, and house prices were boosted, with Nationwide reporting a year-on-year growth rate in average house prices of 5%, a new record. It created such high demand that in the March budget, the Chancellor announced the scheme would be extended to June 2021, tapering back to normal stamp duty levels in September of this year.
What is likely to happen when the party ends?
After such a success, concerns were raised that the end of the stamp duty holiday, initially planned for March 2021, would create a dramatic drop off in the housing market. With the extension to the scheme there’s some relief, but many feel it only delays the inevitable and could see some negative consequences:
• A decline in buyer interest: RICS survey found buyer inquiries fell sharply in Feb 2021, leading to the original end of the stamp duty holiday.
• A drop in house prices: Nationwide reported signs that prices have started to fall for the first time in six months.
• Sales missing the stamp duty deadline: More sales will miss the new deadline as existing sales still struggle to be processed and new ones are added to the high workload
• Buyers pulling out of deals: If purchases can’t be completed by the deadline because they haven’t budgeted for the additional stamp duty.
The end of the stamp duty holiday is likely to see a levelling off in demand and a return to more normal timescales to complete transactions. Although some believe that house prices will decline, February 2021 saw them continue to be strong, even with the original end date of the stamp duty looming.
What will happen at the end of the stamp duty holiday remains uncertain. However, we are heading into spring and summer, traditionally busy times for the housing market. And as we continue to emerge gradually from lockdown, optimism may stay high and the market resilient. Whatever happens, we will be keeping a close eye on the market over the months to come.
No Letting Go
If you would like to discuss how our local support or national network at No Letting Go could become your property management partner, streamline your cost, reduce workload, and keep accurate property inventories, then contact us today.
If you are a landlord or have responsibility for managing a rental property, you need to ensure that you are aware of your obligations under the Housing Health and Safety Rating System (HHSRS), or you could find yourself facing a hefty fine.
What is the HHSRS?
The government’s guidance on the HHSRS states that the landlord must look after:
• The exterior of the dwelling and structural elements, and
• The inside facilities that are part of the dwelling.
These requirements have been put in place to ensure residential premises are safe and secure for residents and anyone who may be visiting the property. As a landlord, it’s your responsibility to ensure there is no risk or, if unavoidable, an acceptable level of risk from the hazards identified by HHSRS.
What types of hazards are assessed?
The HHSRS is a very comprehensive rating assessment that considers twenty-nine hazards found in the home. These hazards relate to:
• Dampness and excess cold/heat
• Pollutants, such as carbon monoxide and asbestos
• Lack of space, security, lighting, noise
• Hygiene, sanitation, water supply
• Accident risks, such as electric shocks, falls, cuts, burns, collisions
• Explosions and structural collapse.
How do the inspection’s work?
Local authorities will conduct the assessment by completing a matrix containing the twenty-nine hazards and are given extensive powers to act if the standard of a property is unacceptable. Each hazard will be given a rating (bands A-J), with bands A-C considered the most serious category 1 hazard and band D-J a less serious category 2.
The overall assessment will be made on the likelihood of an occurrence of an incident and the range of likely harmful outcomes.
What happens when the inspection finds a problem?
Local authorities have a wide range of sanctions to use against the landlord to remedy any hazards they find:
• Hazard Awareness Notice
• Improvement Notice
• Prohibition Order
• Emergency Order
• Demolition Orders and Clearance Areas
If you fail to comply with this notice requiring action, you could be fined up to £5,000.
What happens when the inspection finds a problem?
Landlords know that ensuring their property is maintained to a good standard is about ensuring their tenants’ safety and comfort and looking after their investment. HHSRS assessments are just another reason to ensure your property remains fully maintained, both inside and out.
Regularly inspecting properties can be time-consuming, and many landlords may not have the knowledge to conduct a comprehensive assessment that would pick up all the potential risks present. Regular inspections, such as those offered by No Letting Go’s property management services and regular check-ins, will keep you on top of property maintenance and can avoid large repair costs by picking up problems early on. Regular property inspections are an investment in your investment.
No Letting Go
If you would like to discuss how our local support or national network at No Letting Go could become your property management partner, streamline your cost, reduce workload, ensure compliance with regulations and keep accurate property inventories, then contact us today.
Are you keeping your tenants safe and your property protected? Are you sure that it has fully functioning smoke and carbon monoxide (CO) detectors installed? Here’s a reminder of your responsibilities to your tenants as their landlord.
What are your responsibilities?
Regulations for private sector landlords were introduced in October 2015 detailing a legal responsibility to protect tenants from the risks of fire and CO poisoning. The expectation of landlords is very clear, and there is no grace period to let you meet legal requirements. You need to ensure that your rental property has fitted:
• At least one smoke alarm installed on every storey of the property which is used as living accommodation;
• A carbon monoxide alarm installed in any room used as living accommodation where solid fuel is burned. A solid fuel-burning appliance could be a coal fire or wood-burning stove.
In addition to the alarms being fitted, you should also:
• Follow the legal requirement to check that alarms are in working order on the first day of each new tenancy. After this, the tenants are responsible for regularly testing alarms. Guidance suggests that this should be done monthly.
• Consider where you fit the alarms. Smoke alarms should be on a ceiling in spaces where the air circulates. CO alarms should be at head height and only a few meters from the fuel-burning appliance. However, the manufacturer’s instructions should be followed.
• Ensure alarms are audible throughout the property.
• Consider fitting a CO monitor near gas appliances as these can also emit carbon monoxide (although this is not required by law).
• Consider how you will prove you have checked the alarms at the required times.
Landlords who fail to comply with the regulations can expect a fine of up to £5000.
Regular property inventories can ensure compliance
As highlighted in our smoke and CO verification information, if your property is outside England, or you have a different type of rental property, there are different requirements you need to be aware of.
To ensure your ongoing compliance with all regulations affecting a landlord can be difficult and time-consuming, but something that good landlords and property agents are keen to do. At No Letting Go, we support our landlords and property agents with smoke and CO alarm verification and compliance with other legislation through inventory checks.
Pre-tenancy checks, regular inventory check-ins and end-of-tenancy inventories ensure that throughout a tenancy and at the start of every new one, you are providing tenants with a safe property that is in good order. We can schedule regular inventories that tenants will sign off to provide an audit trail for your compliance with regulations should this become necessary. We will also provide feedback and guidance where a property may be falling short of legal requirements.
No Letting Go
If you would like to discuss how the local inventory specialists at No Letting Go could become your property management partner, streamline your costs, reduce workload and keep accurate property inventories, then contact us today.
Despite the challenges of lockdown, landlords and property agents still have responsibilities to tenants to maintain their properties. At No Letting Go, we have tailored our service to ensure that we can still deliver regular property checks safely and effectively even when we cannot physically visit a property.
Keeping priorities in check
The landlords and property agents we support are familiar with the start-to-finish support our inventory management service offers. From a pre-tenancy inventory check, through interim checks and ending with an end-of-tenancy check, we have created a rigorous audit regime so that those responsible for managing properties can:
• Fulfil their legal obligations
• Keep tenants safe
• Maintain properties in a good condition
• Maintain high levels of property management service
• Meet contractual requirements
• Continue providing value for money as property agents
To ensure that none of these responsibilities slip, we have expanded how we conduct regular property visits that will ensure you keep meeting your obligations as a landlord and property agent, even during these difficult times.
Virtual property visits supported by the latest technology
Property visits have always been key to ensuring that all is in order with the property and a good relationship is maintained with tenants. While lockdown is a requirement, No Letting Go has looked for ways to reduce contact and minimise the risk to those around us, establishing a process for virtual property visits when tenants are not comfortable with a face-to-face visit.
Thanks to the investment we’ve made in our propriety inventory software called Kaptur and our Digisign function, we already have the tools in place to enable virtual property visits. Through a 15-minute phone call to tenants, we can complete an inventory questionnaire covering key aspects of a property inspection.
The information provided during the call will be recorded on our Kaptur software and sent to the tenants. They will be able to upload photos of the property, raise any maintenance issues they may have, review the report, digitally sign it, and then return the report electronically.
Quick and efficient, these checks ensure landlord priorities can be met while tenants still feel supported in their home with minimal disruption.
Don’t let lockdown stop you from meeting your rental property commitments
Everyone has to spend more time in our homes at the moment; as a landlord, it is important that you remain on top of your commitments to tenant safety and protect your property investment.
If you are a property agent managing several properties, you cannot afford a backlog of property visits to build up and risk not meeting your contractual obligations to your clients. Maintaining regular checks is key to protecting your property and ensuring your tenants’ safety, maintaining a good reputation as a landlord, and protecting your long-term income.
If you would like to discuss how the local inventory specialists at No Letting Go could become your property management partner, streamline your costs, reduce workload and keep accurate property inventories, then contact us today.
At No Letting Go, we are very proud of the market-leading property management franchise business we’ve built together with our franchisees. As we continue to grow, we thrive on working with dynamic and driven individuals looking for the opportunity to run their own business, and we’re looking for new business partners.
What we do at No Letting Go
We provide reports on the conditions of residential rental properties for landlords, agents and tenants. There are several vital reports services in our portfolio, but most common are check-in and check-out reports for tenant changes.
What sets us apart from the competition is our bespoke tablet-based technology which offers full flexibility, allowing reports to be completed online while on-site. Accurate and efficient, it allows our franchisees to provide an excellent service to their clients.
Why landlords need inventories
Continued demand in the rental sector grows the need for clear and in-depth reports because they have an important role to play for landlords and their agents in ensuring a smooth tenancy:
• Meeting legislation requirements and ensuring safety standards are adhered to
• Building good relationships with tenants by providing objective reports
• Providing a key administrative service, freeing time for landlords to focus on growing their portfolio and other tasks
• Protecting an investment by confirming the good condition of a property
• Employing experienced experts to complete reports
• Providing an end-to-end service
The breadth of value an inventory service can add to a rental enterprise makes it an integral tool for any landlord or agent and offers them reassurance over the ongoing safety and upkeep of their investment properties.
Why become a franchise owner?
If you have ever thought of running your own business, being a franchise owner offers a great opportunity while providing a higher level of business support.
We continue to invest in our bespoke technologies, developing our offering to landlords and tenants so that franchisees don’t have to. You can reassure clients that they are meeting their legal and health and safety obligations with the latest software.
We also provide a national network that allows us to support national and large accounts so we can build a broad portfolio of clients.
As a franchisee, in addition to being part of a strong and growing franchise group with a strong reputation, you will be supported in making your franchise a success:
• Training at our Training Academy that covers not only how to produce reports but also how to launch your business, with ongoing learning and development support
• Business development support to grow your own business
• A national support network through our franchises
• The latest technology that provides a competitive advantage and enables you to work efficiently
Running your own business can be highly rewarding. The opportunity to do this with the support of a leading national brand opens a world of potential. If you would like to learn more about our exciting franchise opportunities or would like to contact us, you’ll find details here.
A property inventory process is crucial if a landlord wants to protect themselves against picking up the bill for property repairs caused by a tenant.
However, to be useful during a dispute, especially if the matter goes to court, it’s important that the inventory has been thoroughly completed as part of a well-managed process so that it covers every aspect of a property and is correctly preserved.
Why is an inventory system necessary?
One of the most common causes of disputes between landlord or letting agent and a tenant is over the return of a deposit at the end of a tenancy, especially if some needs to be retained to cover repair or replacement costs.
For all assured, shorthold tenancies in England and Wales which began after 6 April 2007, landlords must place deposits in a government-approved tenancy deposit scheme (TDP) where it is legally protected.
A landlord, or their letting agent, must return the deposit in full if the tenant meets the terms of the tenancy agreement, doesn’t damage the property and pays their rent and bills. However, if you end up in a dispute with your tenant over the state of the property when they leave, the deposit remains protected in the TDP scheme until the issue is sorted out.
In this scenario, a well-managed inventory system provides the crucial evidence needed to settle any dispute and allow you to cover the cost for any damage.
What should an adequately managed inventory cover?
A property inventory is a comprehensive written and photographic report detailing the state of your property, including outside spaces, at the beginning of a tenancy.
It provides information on the furniture, fixtures, fittings and general wear and tear, details keys, appliance manuals and meter readings. Anything damaged or missing should be recorded in front of the new tenant.
A report also includes a safety section to record the evidence that a landlord or letting agent complies with safety regulations, such as smoke/CO detectors and the Furniture and Furnishings (Fire Safety) Regulations, 1988.
An inventory must be scheduled for the check-in and check-out procedures of a tenant, to record the property’s condition as the tenant departs. This clearly shows any changes that occurred during the tenancy. Additional checks can also be scheduled during the tenancy.
It is important that all inventories are fully documented and witnessed. Having a professionally prepared inventory can help establish the landlord’s credibility if the case goes before a tribunal or judge.
How does inventory management benefit the landlord?
The details recorded in a property inventory provide the evidence needed to prove whether the damage was done during a tenancy and if it was the responsibility of the tenant. This makes a subsequent claim by the landlord or their letting agent against a protected deposit or zero-deposit replacement insurance much simpler and more likely to be upheld.
A detailed inventory also helps reassure your tenant that they won’t be blamed for any damage they weren’t responsible for. This gets the relationship between landlord, or letting agent, and tenant off to a good start and a happy tenant is much easier to deal with than an unhappy one.
No Letting Go
At No Letting Go we offer an independent and unbiased professional inventory management service, providing a written and photographic report on the condition of the property and its contents.
If you would like to find out more about how our local support or national network could support you as your property management partner to streamline your cost, reduce workload and keep accurate property inventories, then contact us today.
The Coronavirus pandemic has hit every sector of the economy, but it hasn’t been a disaster for the rental market that some were fearing – in fact, it’s remained relatively stable. So, what does 2021 have in store after such an unpredictable year?
Predictions for 2021 rental market
In 2021 the overall demand for rental properties is expected to be strong, which is good news for landlords and letting agents, but there are challenges ahead that could affect the market:
- Ongoing global pandemic: Landlords and letting agents will need to continue managing tenants experiencing reduced incomes and government temporary measures to prevent some evictions, at least in the short term. This will lead to some challenging times ahead and a need to adapt to any new measures put in place.
- Brexit: Rules allowing Europeans to work, travel and rent in the UK will change, leading to a reduced number of European tenants and business lets. Uncertainty around Brexit will also cause financial unease and changes in legislation that may affect the numbers of people willing to invest in property.
- The economy: Economic uncertainty will mean many renters could choose to delay purchasing a property, keeping the demand for rentals high. However, those on low incomes, typically renters, may see salaries continuing to be depressed, making rent rises difficult.
- Changes in taxation: Capital gains tax is under review, and there’s concern that general increases in taxation may make investing in property less appealing, reducing the supply of rental properties. This is better news for current landlords.
To what extent these factors affect supply and demand for rental properties has created mixed views in the sector. According to the site Letting Agent Today, Hamptons and Belvoir are predicting either minimal rent rises or static levels in 2021, while Savills suggest rental prices will increase as the sector continues to see demand strengthen.
Moving forward to 2021
Uncertainty is the most straightforward prediction to make for 2021. Yet, demand for rental properties is likely to remain high, and even if the environment is challenging, the sector is now better equipped to manage it.
In our 2019 predictions, we stated that ongoing digital transformation in the property sector would continue to be necessary, and it was. Technology has enabled our industry to navigate restrictions and continue business when the lockdown was lifted. In fact, digital tools such as No Letting Go’s DigiSign system has facilitated social distancing requirements for property check in’s and check outs, and reduced the admin burden of agents chasing for signed reports.
It’s these types of innovations and opportunities for increased efficiencies that will ensure our sector remains agile and able to react to whatever changes 2021 has in store.
No Letting Go
Whether you are a landlord or a letting agent, if you would like to discuss how our local support or national network could become your property management partner, streamline your cost, reduce workload and keep accurate property inventories, then contact No Letting Go today.
Tenancy deposit disputes are messy and often frustrating for all involved. While the number of formal disputes remains low, the pandemic will have far reaching effects on all our finances and agents must prepare for increasing expectations in this area from both sides – landlords and tenants.
Disputes frequently arise from lack of knowledge or understanding about how this part of the tenancy process works.
While documentation is critical, it’s worth spending extra time with the tenant at the inventory stage of the process to prevent problems arising at the end of the tenancy.
Good inventory management protects both the landlord and the tenant and establishes what the tenant obligations are at both the start and end of the tenancy.
The deposit schemes will advise tenants to attend both the inventory and check-out appointment, but this is not always practical with these reports taking 1-2 hours and more on larger properties.
Tenants generally do not want to trail behind an inventory specialist, for this length of time. It is much easier, once the tenant has the report, to follow the structure which is clearly laid out and check the report is an accurate reflection of the property and its contents.
Detailed inventory and schedule of condition reports can run into 40+ pages, and whether conducting them in house or using an inventory specialist, neither are infallible – the tenant has a key role to play with the inventory, and will usually be allowed seven days to settle into the property and check through the inventory in detail.
Tip 1 – Educating tenants – a stitch in time…
The inventory and schedule of condition is a visual check of the property and not a maintenance report. If the scope of the inventory report is not understood, it can lead to delays in obtaining signatures – if, for example, the shower, boiler or hot water does not work properly, which is a maintenance issue.
Tenants must be aware it is their responsibility to check the inventory carefully, note any omissions and take pictures. Talking them through the process and explaining how the inventory protects them, is more effective than simply relying on T&Cs.
We have on occasion experienced irate tenants who have found a minor omission and believe it is a conspiracy to keep their deposit – so not a positive start for the agent or landlord.
Tip 2 – Check in the tenant – physical or digital
An accompanied check-in reaffirms the point above, and assists the tenant to understand the potential impact an inventory may have on the deposit.
Highlighting any issues within the property also makes them feel part of the process – and for these reasons, a check-in is highly recommended.
However, as minimising contact now takes precedence, use automation to capture areas of concern and obtain signatures within seven days.
Tip 3 – Terms and guidelines
Cleanliness is the main area of dispute, so take steps to head this one off at the start of the tenancy.
A good inventory will show the overall cleanliness of the property in addition to cleanliness room summaries using a glossary of terms contained at the start of the inventory document.
Cleanliness can be subjective, so it is advantageous to highlight where the glossary of terms is listed. Fair wear and tear does not apply to cleanliness, and so the property must be returned to the same standard, otherwise a deduction may apply.
Tip 4 – Not all cleaners are ‘professional’
Just because a professional cleaner has attended the property, it does not always mean the clean is to a ‘professional standard’ – if, for example, dust was present on skirting boards and shelves. In this situation, the term ‘good domestic standard’ may be used.
We are sometimes asked why it states this when a professional cleaner has conducted the clean. It is always advisable to get this right as it is generally the most contentious issue with tenants.
Tip 5 – Educate your landlords about fair wear and tear
It is vital to manage the landlords’ expectations. When a claim goes to adjudication and the breach is accepted, often the amount of the claim is reduced by the adjudicator, leading to a disappointed landlord.
This can occur for a few reasons, but the most common one is because fair wear and tear has not been factored into the claim. For example, if a carpet is three years old, the tenant is not responsible for those three years, so even if they have damaged the carpet, the claim has to factor quality, age, lifespan and condition.
A good check-out report will highlight if dilapidations are due to damage or fair wear and tear. See our landlord guide on fair wear and tear.
Tip 6 – Changes to the property – requesting permission
This is covered in most ASTs, but it is good practice to advise tenants to ask permission first.
Common deductions are attributed to damage or changes to walls from hanging pictures, adding additional hooks or shelves, painting walls and using blue tack.
It’s not unreasonable for tenants to make minor adjustments to their new home, but get them in the habit of asking first so you have the opportunity to remind them of their obligations.
Tip 7 – Outside maintenance – how does your garden grow…
Tenants often forget about the garden at check-out so they need to ensure it is left as they found it, otherwise they will face a gardening deduction.
Tip 8 – Videos are not the whole picture
Some agents use these as a quick alternative, but unless you are a professional cameraman, the video tends to go up and down and all around – not pleasant viewing for landlords or tenants!
Video evidence is acceptable by the deposit dispute schemes, but often does not capture quite enough detail, as its easier to miss items using this method– so if you go to dispute, you may end up disappointing your landlord.
No Letting Go
With No Letting Go’s inventory services, you’ll receive the peace of mind which comes with an impartial, fully documented check in and check out procedure. Our service is reliable and consistent producing reports which stand up to scrutiny during any dispute.
A thorough inventory report will provide evidence of the property and its contents at the start of the tenancy and at the end to help landlords and agents cover the cost of any damage made on the premises by the tenant.
Discover our property inventory services today.
Research by Statista, a statistics portal for market data, found more than half of landlords who responded were in disputes with their tenants, the main reasons being arrears, cleanliness, pets, subletting and breakages. Using regular property inventories letting agents can help their landlord clients to avoid such problems.
When should you use a property inventory?
A property inventory provides a detailed report on the contents and condition of a property, listing furniture, fixtures and fittings and alongside the condition and cleanliness.
A property inspection must take place for each new tenancy to detail the condition of the property at the start; at regular intervals throughout the tenancy to record any changes and damages from the check-in inventory; and finally, at the end of the tenancy to assess the property as the tenant departs.
These regular inspections provide a full report of the property’s condition for the complete duration of the tenancy.
Why are property inspections of benefit?
Completing a property inventory might seem like a time-consuming task for a busy letting agent looking after a number of properties. However, a comprehensive inventory process can stop a landlord-tenant dispute from escalating into a legal dispute, which would be far more costly in time and money. A proper inventory system offers other benefits:
- Essential evidence about the state of the property
- Crucial evidence if you need to take the cost of a repair or replacement from a tenant’s deposit
- Claiming on insurance is much easier with inventory evidence
- A speedy inspection process to reduce the period between tenancies and maximising a property’s income potential
- Using a standard inventory process ensures that nothing is missed during a property inspection
What does an adequate property inventory look like?
To ensure that a property’s inventory and schedule of condition will be useful to avoid a dispute, it must include:
- Full contents of the property, fixtures, fittings and state of decoration
- Details of the condition for each item
- Photographic, date-stamped evidence
- A declaration page for relevant parties to indicate their agreement to the contents of the report
It must also be completed in an objective and unbiased way and enable easy comparison between reports to identify any changes in contents or condition. Ideally, a property visit should be completed every three to six months
Disputes between landlords and tenants are time-consuming, potentially costly and can affect the reputation of a landlord and their letting agent. Using an independent inventory service can help boost the credibility of an inventory for tenants because they will see it as being independent.
Discussing the tried and tested landlord inventory service we use at No Letting Go can help letting agents understand how our inventories are structured to facilitate comprehensive property inspections and designed to capture the right information to prevent disputes.
No Letting Go
If you would like to discuss how our local support or national network at No Letting Go could become your property management partner, streamline your cost, reduce workload and keep accurate property inventories the please contact us today.