Friday, 10 January 2020

A Free App Will Save You A Lot Of Time On Inventory


When you are a managing agent looking after many properties on behalf of your landlord clients, possibly one of the worst jobs that you have to do is carrying out inventory. And yet it is an essential part of your work.

It is one of the worst jobs because it can be extremely time-consuming. It is repetitive. And one might say boring. Yet it is important because it is vital to note any damage that the tenant has caused to the property during the tenancy. Equally, from the tenant’s point of view, it is necessary to take note of fair wear and tear. This happens to all properties, and the tenant cannot be expected to pay for wear and tear which will automatically happen in a property as time passes.

Certainly, under the TDS, the tenant has provided a deposit for the precise purpose of the landlord being able to recover the cost of repairs to damages caused by the tenant, but that cannot be claimed without some evidence. The tenant can go to arbitration and it costs him or her nothing, so it is almost in his interests to do so. The only way that you can supply evidence of damage on behalf of your client is through carrying out inventories at check-in and check-out, and on regular inspections in between. 

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