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What does an inventory company do and why do you need them?

Foxtons

Most agents in London such as Foxtons, Marsh & Parsons, Dexters, Knight Frank, Savills, Strutt & Parker etc when they professionally manage a rental property as a letting agent will tend to have an inventory company provide a make and or check in as tenant go into a property and then a check out report as tenants depart the property at the end of the tenancy.

SIMPLE EQUATION.. NO INVENTORY = NO DEDUCTIONS…

A recent posting on facebook by Daniels Estate Agents gives a very stark and real warning to landlords who don’t have a detailed inventory….

Daniels Estate Agents
Residents of a road in Sudbury recently became suspicious that a rented house was been used as a Cannabis farm, the police attended and confirmed the same, there was approx £20,000 of damage according to neighbours.

 

Residential Property Inventories