15 Westferry Road - The Pride - A world-class landmark building
Sun, 2/11/08 – 18:11 | No Comment

15 Westferry Road | The Pride| A world-class landmark building
Glenkerrin, the Irish property developer who paid £32million for the site the former dock worker’s pub this spring, has re-submitted its planning application for 15 Westferry …

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Home » docklands property

What is an Inventory? do i need one?

Submitted by Moe Hussain on Tuesday, 21 October 2008No Comment

WHAT IS AN INVENTORY?

An inventory is a list of everything contained within a rented property (for example, furniture, carpets and curtains, kitchenware, etc)

WHAT IS A SCHEDULE OF CONDITIONS?

A Schedule of Conditions records the condition of the items which have been listed in the inventory. Without a comment on the condition of the items the Inventory is worthless. An item may be new/5 years old/stained etc-this needs to be recorded.

WHY ARE THEY NEEDED?

It is inevitable that however well a Tenant looks after a property, the condition will not be the same at the end of the Tenancy as it was at the outset. Damages can occur for a variety of reasons, whether carelessness, negligence, mis-use or deliberate damage by the tenant. By compiling an Independent Inventory and the beginning of the Tenancy and by revisiting the original Inventory at the end of the Tenancy, changes that have occurred during the Tenancy can be noted and attributed to a reason be it fair wear and tear or any of the above.

A professional inventory ensures that both landlords and tenants have a clear understanding of the contents and condition of a property at the start and end of a tenancy period. It can also prove invaluable in the event of dispute at the end of a tenancy.

HOW DO I GET AN INVENTORY?

The London Docklands.com recommends Online Inventory Solutions Ltd for Energy Performance Certificates (EPC) and property inventories. Online Inventory Solutions is focused on London and the surrounding areas providing short-notice, professional service aided by their unique Online Booking Management system. Mention The London Docklands.com to get 10% discount.

Web: www.onlineinventories.com
Tel: 0870 116 4525
Fax: 0770 116 4526
eMail: info@onlineinventories.com


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