Wednesday, 11 May 2011

NEW GUIDELINES FOR DEPOSITS

The new guidelines agreed by the three main deposit services regarding deposits and disputes highlights the importance of inventories. http://www.thedisputeservice.co.uk/resources/files/A-guide-to-deposits-disputes-and-damages.pdf

'The importance of a properly completed inventory cannot be underestimated. It must
be robust and defensible if it is to be held up as a proper indicator of the facts and
therefore viewed as acceptable by an adjudicator or court.'


They also go as far as saying that independent inventories are better and more reliable.  

'Tenancy deposit protection schemes
do not disregard, out of hand, inventories that
are not prepared by independent companies or individuals. However, they are likely
to place less weight on their contents.'

So why are Landlords and Agents still not using Independent Inventory Companies? We have no idea, other than they think they are saving money, but an insurance policy would cost you more than £125. Surely this small costs which could mean you can claim your deposit back and get your claim through the courts is worth it!

Call and speak to Rebecca on 07886649559 or 01925 496991 for our specialised service including full colour photographs, video and written report as standard.

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