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This week marks the 4th annual SAFEagent awareness week, and with over 3,000 professional letting agents uniting together this will be the biggest awareness drive SAFEagent have ever experienced. So throughout the coming week SAFEagent members, and others within the industry, will be promoting the importance of choosing a lettings and management agent who’s part of a Client Money Protection (CMP) Scheme. What is a CMP Scheme? CMP schemes are a ‘safety-net’ that provide compensation
As of the 27th May 2015, letting agents now have a statutory duty to fully publicise the fees they charge to their landlord and tenant clients. Under the Consumer Rights Act 2015, it’s designed to promote more transparency within the sector, as well as tackling rogue letting agents head-on. This means that agents must now clearly display a list of their fees at each of their offices as well as on their website. Official guidelines

Inventories VS Pests

Posted by admin on  May 9, 2015

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We’ve covered the issues of pets in rented property and how they can seriously damage your property, even disrupting neighbouring tenant’s right of enjoyment in their home. But what about pests? As a landlord you have a legal duty of care to uphold, by firstly ensuring that your property is fit for your tenants to live in from the beginning of their tenancy. This includes being confident that there are no traces of pests or

Protecting your property from bad tenants

Posted by admin on  April 20, 2015

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Category: Uncategorized
In reality most of your tenants will be good, pay their rent on time, leave your property in an good condition and treat it as their own. But with recent concerns over low levels of PRS deposits being registered with tenancy deposit schemes coupled with the amount of ‘Generation Renters’ steadily rising, the minority of bad tenants will also inevitably grow; giving even more reason to be extra vigilant in how you select your next
A horrific story in the news recently definitely brings home the importance of quarterly/mid-term inspections, which I’d like to share with you all. The shocking discovery was made by a Wisconsin landlord, who had heard barking coming from his rented property; only to open the door and almost be trampled by more than 30 dogs! Employed as a cleaner, the tenant had only lived there since December 2014 but in 4 short months had accumulated

Find out more about our inventory check out services

With so many more people renting rather than buying nowadays – especially in London – it’s important that landlords, tenants and property inventory providers work together closely to ensure that everything runs smoothly, both when a tenant moves into and out of a property.

That’s why services such as our own inventory check out services in London here at Yellow Oak Inventories LTD are as important as ever.

What are Check Out Inventories?

The main point of a check out inventory is to compare the original signed inventory – taken out when the tenant first moved into the property in question – with the current condition of the property. Check outs take place at the end of the tenancy, and normally occur with the vacating tenant present.

What is assessed during an inspection?

It’s often the littlest things that count during a check out inspection. Did you know that 80% of the costs caused at check out are a result of poor cleanliness?

The condition of the furniture is checked, as are curtain rods and blinds to ensure that they are working correctly. Domestic appliances need to be checked to ensure that they still have electrical power, while the batteries in smoke/heat and carbon monoxide alarms are also tested.

The inventory check out also looks for damage and the cleanliness of:

  • Carpets and rugs
  • Walls
  • Bathroom furniture
  • The kitchen
  • Windows (exterior and interior)
  • Tidiness of garden (if applicable)

What else does a Check Out involve?

As well as the inventory, check outs normally include a host of other occurrences. Here at Yellow Oak Inventories LTD, for instance, we take full-colour digital photographs of every room in the property, in addition to photos of any specific damage, should there be any.

All being well, at the conclusion of the inspection, the keys will be collected from the outgoing tenant. With all of the above said, a tenant moving out can be a trying and stressful time for both tenant and landlord, even if no great problems occur with the check out inspection.

Thankfully, Yellow Oak Inventories LTD is here to assist with all of your property inventory needs. Our experienced and efficient clerks can assist with everything from check in inventories to check out inventories, so please don’t hesitate to contact us for further information.

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