You can reference tenants, you can use your own judgement to select ones you think you can trust and you can be a good honest considerate landlord, but there is still no guarantee they will treat your property with respect.
If you have not experienced any issues with tenants damaging your property then you are very lucky. As a landlord myself I have had my share of bad tenants but am regularly horrified at some of the checkout videos I see back from our inventory clerks. Perhaps I am too emotional about the subject, but I really feel that some of these tenants should be prosecuted for criminal damage rather than just forfeiting their deposit. Continue reading Warning: Upsetting Footage For Landlords
Prior to the introduction of the TDPS in 2007 a landlord could choose not to prepare an inventory for his property (and most did choose not to) or, alternatively, the inventory prepared was extremely basic. However, if a landlord now wishes to protect his property, he absolutely must ensure that a complete and thorough inventory is prepared and that the tenant has signed the inventory to confirm they have accepted it.
Landlord/tenant disputes at the end of a tenancy are becoming increasingly common as tenants are recognising that the pendulum has swung firmly in their favour. 92% of disputed cases are in fact being found in favour of the tenant.
So how does a landlord prepare a proper inventory? Continue reading Why landlords need an inventory and how to do it
The video inventory agency will help in disputes
Landlords and tenants who find themselves disagreeing over property inventories now have a foolproof way of settling disputes – high definition video evidence.
Video inventories act as visual support to a written inventory and can be used at all parts of a tenancy agreement: the start (the property’s contents, state of repair and meter readings); the interim (ensuring both parties are meeting their obligations); and, of course at the end (when any claims against the rental deposit will be made). Continue reading Why Video Provides Landlord With The Best Protection
Sequel to Frazer Fearnhead’s popular Guest Blog
It’s amazing what you uncover upon conducting a check out inspection. Below are the top 7 nightmare cases inventory agents from The Video Inventory Agency have discovered.
Continue reading Tenants from Hell (Part 2). Every Landlord’s Nightmare
It’s the situation every landlord dreads. You do the usual checks, the tenants seem like nice reasonable people but 6 or 12 months later they have trashed your property……..and if you haven’t got a professional inventory and supporting evidence such as photos (or even better) a video you have no hope of keeping the deposit. In fact, even if it is obvious to all that the tenant is responsible for the damage, literally all they have to say is “it was like that when I moved in”. The adjudication bodies regard the deposit as the tenant’s money and so if you cannot prove otherwise you will not be awarded any damages. Continue reading Tenants from Hell. Every Landlord’s Nightmare