No Letting Go property inventory reports are detailed, clear and transparent for all parties. Our inventories provide written and photographic reports listing the condition and contents of the property, including the standards of cleanliness. Each report will provide a safety section to record the information required to evidence compliance to smoke/CO and fire furnishing regulations. The report will also detail keys, appliance manuals, meter readings and provide a short property summary overview.
The most important part of the inventory is the schedule of condition. This details the state of every part of the property, such as the floors (eg, wooden floors), walls, décor, doors and woodwork. Many landlords assume that inventories are for furnished properties only, but the schedule of condition offers protection against damage to fixtures and fittings that may occur during the tenancy. Therefore, it is vital to have an inventory even if the property is unfurnished.
We understand the importance of an accurate and consensual inventory document. It is part of the legal documentation and issued at the start of a let to be retained by all parties.
The agent/landlord and tenant will receive a copy of this report on completion of the assessment unless otherwise agreed by email. We can also provide an automated signature process for agents. This automates the tenant signature process from the tenant, and sends out regular reminders to review the report. Any comments made at this point will be recorded within the report. This alleviates the need for agents to send out reminders to tenants. For more information on this service please go to the DigiSign page.
By using the very latest technology and audit tracking, the No Letting Go reports act as your compliance manager. All documentation and digital photographs are retained by us here at No Letting Go for a period of seven years.
When used alongside our check-in or check-out reports, our detailed inventory report protects your assets and helps you to avoid potential disputes at the end of a tenancy.
A comprehensive inventory and check out forms the key evidence, if a dispute were to escalate to the Tenancy Deposit Scheme (TDS).
An inventory and schedule of condition can take hours to compile depending on the size of the property. Therefore, it is not necessary for the tenant to attend whilst the assessment is conducted. However, it is very important that the tenant reads and signs the inventory, or raises any concerns shortly after the tenancy begins.
This document will provide guidance to the tenant on how to return the property at the end of the tenancy, and minimise areas of dispute.
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A property inventory is a very important tool for anyone renting or managing a let property, and having this facility as a specifically designed system can greatly enhance its efficiency. What challenges should a property inventory address? When completing a property inventory, you need to have the confidence that it’s not only recording information accurately [...]READ MORE
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