The Property Inventory Report

A properly prepared and comprehensive property inventory sets the scene for what is provided by the landlord at the start of the tenancy.

What is a Property Inventory & Schedule of Condition?

A Property Inventory and Schedule of Condition is a detailed, comprehensive document that accurately records the contents, condition, and cleanliness of a property; it should be created before the tenant moves in but after the property has been made ready to let.

The purpose of the property inventory is...

The purpose of the property inventory is to give an accurate description of:

  • the exterior of the property
  • the interior condition and decorative order,
  • plus the fixtures and fittings including walls, doors, windows,
  • plus the soft furnishings, curtains/blinds, and carpets,
  • plus any cupboards and furniture
  • plus white goods

of a house, bungalow, flat, studio or caravan!

Each area of the property should be clearly detailed and we follow a consistent method of notation when describing items their condition and cleanliness so that it can be easily understood by both landlord and tenant or another instructing person.

It’s all about being thorough.  If the detail is not considered, then tenants could claim that a landlord’s lush velvet curtains, which they damaged, should only be replaced with cheap unlined cotton ones!

 

When we walk into a room we consider every part that you can see. Our Property Inventories and Schedules of Condition take into account the ceiling, light fittings, walls, doors, door furniture, paintwork, windows, skirtings, electrical sockets and fittings, telephone and internet connections, light switches, carpets, curtains, pictures, mirrors, shelving, furniture, white goods and more…..

This may sound like a lot but if the tenant causes damage to any one of these parts landlords will want to be able to prove the condition when the tenant moves in so that they can show they are liable for any costs of repair or replacements.

If you’re preparing a Property Inventory and Schedule of Condition ask yourself ‘would the adjudicator be satisfied beyond a reasonable doubt that the prepared report was accurate and unbiased?’.

Accurate unbiased and independent inventory reports are always best prepared by a professionally qualified independent inventory reporter at IAM Inventories otherwise they could be considered bias and may not provide the evidence required or stand up to scrutiny should a dispute occur.

3 more inventories to complete the set

The check-in inventory is more than a tick-list, it's where each item is checked against the property inventory and the tenant's agreement is recorded.
Accurate check-out inventory reports record the changes and any dilapidation that has occurred in the property during the tenancy.
Forewarned is forearmed is said to mean that if you know about something before it happens, you can be prepared for it.

Ready to start a conversation?

Since the introduction of the Tenancy Deposit Scheme an independent, third-party inventory, has never been more important. Starting a tenancy with an inventory report protects all parties and avoids many issues and disputes. Letting Agents, Landlords, Tenants, and Operators of HMOs and AirBnB properties consistently use our concise, yet detailed, Inventory Report Services.