INVENTORY - AS A LANDLORD, DO I NEED TO HAVE ONE? 

The Answer is YES. Even though it’s not a legal requirement for a landlord to provide an inventory of their rental property, it's in both theirs and the tenant’s best interests to supply this detailed look at its condition. 

What is an inventory? 

An inventory is a comprehensive report detailing the condition of everything in your home, from the walls, flooring and ceilings to furniture, fixtures, fittings, paint work and outside spaces. The report will include accompanying photos as well as meter readings, and will list all defects (or the fact that there are no defects). 

Can I do the inventory myself? 

Yes, the landlord can produce the inventory themselves. Alternatively, these reports can be carried out by an independent, third-party inventory clerk or a lettings agent. 

Can I charge a tenant for the inventory? 

No. The Tenancy Fee Act 1st June 2019 prevents a tenant from being charged for an inventory to be produced. 

Why is an inventory important? 

The inventory will stop all disputes with the tenant and will ensure your property is returned to you in the same condition (minus any general wear and tear) at the end of the tenancy. You will also have correct and detailed information should you need to take the deposit to a dispute. If you cannot prove the move in condition of your property you will not be able to prove the move out condition, therefore you will lose a deposit dispute. 

What happens after an inventory is completed? 

Once you have completed the inventory you will need to request that the tenant signs the document to demonstrate that they agree with its contents. You then both keep a copy. 

Read the Tenancy Deposit Scheme's Guide to Inventories here.

Thinking of letting your property? 

Kivells Residential Lettings Manager, Niki Gilbert tells us that "Every property launched by our Lettings Team is let on the first viewing with FIFTY or more people enquiring about each one! Our properties could be let many times over, with demand for all property types far outweighing supply!" 

Contact our dedicated and experienced lettings team today to find out how we can help.