Services
At Twenty 20 Inventories we understand that renting property is not
always a straightforward business. Problems can arise for both the
landlord and tenant when a poorly prepared inventory has been put in
place. It can make it impossible to determine and resolve any loss or
damage to the property or its contents.
By using an impartial company to complete a concise and accurate description of the interior of the property (in the form of a thorough inventory) and carrying out a check in and check out service, all parties are protected; thus saving time, worry and money.
The Association of Residential Letting Agents (ARLA) states that “inventories are an absolutely essential document that provide a written bench mark, that should be amended, updated and recreated before the beginning of each new tenancy”.
Twenty 20 Inventories consists of five key areas:
Inventory Report
Prepared by a trained Inventory Clerk, the Inventory Report will provide a detailed description of the property and its contents. Inventories will include a record of the furniture and fittings, together with a description and comments on any deficiencies and/ or damages and the working order where possible of certain items. The decorative order will also be described. Once the accuracy of the report is agreed it becomes a legal document.
The Inventory Report will be bound with a clear plastic cover and hard back.
Check In Report
This report is completed immediately prior to the start of the tenancy.
The aim is to ensure that the inventory provides an accurate and fair description of the property and condition of the décor, contents, fixtures, fittings and furnishings.
A full list of keys and fobs are recorded and utility meter readings are taken where possible.
Both parties are entitled to give feedback to the inventory before the final report is produced and the declaration signed.
Check Out Report
This report is produced after visiting the vacant property to ensure that an accurate end-of-tenancy comparison is made. The property is checked against the original inventory and check in report. Any discrepancies or variations to the original inventory such as cleaning deficiencies, damage or missing or additional items are listed, together with excessive wear.
The clerk will take meter readings, list the keys being returned and list the tenants forwarding address if the tenant is present at the check-out.
We always take into account ‘fair wear and tear’ when conducting our reports.
Mid Term Inspection
Twenty 20 Inventories will conduct a review of the property part way through the tenancy. The Mid Term Inspection reviews the condition of the property relative to the length of the tenancy and expected condition at that point in time. The report allows you to keep in touch and remain informed during the tenancy which in turn will give you peace of mind. In some cases, such as when damage is noted, it allows you to make a decision about renewing tenancies.
Inventory Update
If your property is being re-let, we will visit your property and update the inventory at a discounted rate of 40% of the inventory cost.