In the past, becoming a landlord was an easy way to earn an income if you had a spare property. However, with the introduction of increased regulation, it’s become a challenging industry and fraught with complications.
Landlords who don’t comply with regulations could face criminal charges and worse still, could be risking the safety of their tenants. A recent report from the Association of Independent Inventory Clerks (AIIC) has pinpointed a rising problem in this area.
The Homes (Fitness for Human Habitation) Act 2018 came into effect in March 2019 and gave tenants new rights to be able to take action against landlords who failed in their duty of care. Areas included in the legislation are extensive and cover everything from water, draining and sanitation to mould, electrical hazards, hygiene, overcrowding and much more.
This has made it more important than ever for landlords to be absolutely certain about their property, and to thoroughly check for compliance before handing it over to a tenant for habitation.
The report from the AIIC suggests that since the new regulations were introduced, a higher number of compliance issues have been identified with landlord properties. This could lead to very serious consequences and there’s now a much higher chance than ever before than a tenant could take action.
One of the mistakes that many landlords make is attempting to carry out an inventory themselves. Without formal inventory clerk training which is fully informed by the latest legislation, there’s a much greater chance that something could be overlooked or not properly documented.
Using an independent inventory clerk service can be the answer. Landlords will have the peace of mind of knowing that full inventory clerk training has been carried out so that all potential issues will be identified. This provides the chance to rectify any omissions before the tenant moves in.
There may be times when a tenant damages or removes equipment, such as smoke detectors. If an inventory is not properly documented, this could leave the landlord open to claims of non-compliance. An independent inventory is an excellent form of protection, as it provides proof that everything was in situ when the tenant moved in.
For all these reasons, a landlord inventory is an invaluable step, and for the best protection, a fully trained independent clerk is preferable.