What is an Inventory?     

Inventories are an essential part of any tenancy as they create a written record of the condition and contents of the property which is assessed at the start and end of the tenancy. Kay & Co arrange for the Inventory Report to be drawn up by an independent professional inventory company and without one it is almost impossible to claim for damages or dilapidations at the end of the tenancy, should a dispute over the deposit arise.

The inventory is split into three distinct sections:

The inventory document
A report detailing the fixtures and fittings in a property. Providing there are no major changes to the property or its contents from one tenancy to another, the inventory may be used on an ongoing basis for successive tenancies.

The check-in report
This is a separate report drawn up against the inventory which details the specific condition of the fixtures, fittings and of the property generally at the very start of the tenancy.

The check-out report
This is the report drawn up at the very end of the tenancy detailing the condition and contents against the original check-in and inventory to assess any damage or dilapidations (with the exception of fair wear and tear) that may have taken place during the tenancy.

 Inventory prices will vary depending on the size of your property and its level of furnishing, however we are able to advise on approximate costs. The tenant normally bears the cost of the check-in whilst the landlord is responsible for the cost of the inventory document and the check-out.