Property Inventories are a vital part of letting a property, as it provides landlords with protection against any damage caused by tenants. The inventory is proof of the contents and condition of a property and should always be completed at the start and end of every tenancy, either by the landlord, or the letting agency they're represented by.
Tenancy Deposit Scheme
With the Tenancy Deposit Scheme Regulations having come into force in England and Wales back in 2007, and due to launch in Scotland sometime in early 2012, taking a comprehensive inventory is more important than ever before. The schemes provide a dispute resolution process, which landlords are forced to use, and they are heavily evidence-based. This means that the onus is on the landlord or letting agency to provide proof that damage has occured in order for any claims made against the tenant's deposit to be successful. Without proof, the deposit automatically reverts to the tenant!
Time consuming and frustrating
Unfortunately, completing a sufficiently comprehensive property inventory can be a time consuming task. Furthermore, paper inventories are easy to misplace or damage over the course of the tenancy.
Property Toolkit has the answer!
Our Property Inspection & Inventory app makes it easy to perform property inventory reports. Not only are inventories easily and quickly created, but photos can be instantly added via the app itself. All of this information is then collated into an automatically generated PDF report which can be sent to the tenant at the press of a button.
Even better, as the synced information is stored securely on our servers, you don't need to worry about losing the report; it'll be right there when your tenant leaves, allowing you to easily run a new inventory or inspection and compare the two.