With the forthcoming Tenants Deposit Protection Scheme coming into effect on 6th April 2007, it is vital, more now then ever before that a landlord protects their right to make justified deductions from a tenants security deposit.
An Inventory partnered with both professional check-Ins and professional check-outs will suppot your decision to deduct any portion or the security deposit and prevent any unnessecary drawn out small claims proceedings against you.
Although the deposit schemes will be compulsory, the responses to the consultation document published in November 2005 found that, although inventories and schedules of condition were strongly recommended, it was not viewed as practical to define a single inventory in law.
Although it will not be a legal requirement to complete an inventory, Community and Local Government wants to see the continued use of inventories as standard good practice to reduce the potential of a dispute at the end of a tenancy.