An inventory is extremely important to record your property’s condition at the start of the tenancy.
The deposit is protected
The government introduced the compulsory protection of a tenant’s deposit in April 2007. Making it a legal requirement at the start of a tenancy for a landlord or their agent to register the deposit with an approved protection scheme.
Having a full and detailed inventory of the property’s condition and contents ensures both landlord and tenant can amicably resolve any disputes over dilapidations at the end of a tenancy.
No inventory, no claim!
If you do not have an accurate record of the condition, accepted by yourself and the tenant, you stand little chance of claiming costs from the deposit should the tenant damage your property and dispute your claim.
We are often asked why an unfurnished property needs an inventory?
Quite simply. An inventory doesn’t just cover movable items such as furniture and homewares – it’s as much about carpets, curtains, white goods, windows, door furniture, locks, light fittings, smoke detectors, electrical sockets, kitchen, and bathroom fittings.
An inventory is far more than an itemised list – it provides a schedule of condition which is crucial when making allowances for fair wear and tear at the end of a tenancy.
You may wish to consider having your property professionally cleaned before the commencement of the tenancy (i.e. before the inventory/schedule of condition is carried out).
This ensures that the property is in a good state and will be listed as such on the inventory.
Whilst the Tenant Fees Act prohibits a landlord insisting the tenant also pays to have the property professionally cleaned at the end of the tenancy. It is the tenant’s obligation to return the property to the same standard of cleanliness.
Even if your property is unfurnished it is very important to have an inventory to establish the condition of fixtures such as carpets and curtains, along with the decorative order at the start of a tenancy.
You will have little grounds to argue allowances at the end of the tenancy, especially if the tenant disputes your claim.
An inventory is definitely not an unnecessary expense! If you don’t have one then why take a deposit?