According to the latest figures released from The Association of Independent Inventory Clerks, there has been a surge in the demand for independent, unbiased inventory reports, bringing in a great start to the year.
AIIC members are not only reporting a huge spike in demand for bookings but also enquiries from large letting agent chains and property sector bookings for contracts to cover the year ahead.
Danny Zane, chair of The AIIC states: “The property lettings market has been evolving dramatically over the last few years, regarding regulations and compliance, and it seems it will carry on doing so throughout the year ahead. Already confirmed for this year are the retrospective fee ban and electrical safety certificates for landlords.
"We believe that everyone in the lettings industry now understands the vital importance of providing inventory and check-out reports in addition to making sure they are transparently compiled by an unbiased, third party. Making sure these contracts and enough inventory clerks are in place for a busy lettings market this year is essential to any solid, law-abiding lettings agency”.
Zane adds: “This spike in demand for unbiased inventory reports shows that people mean business and the future is bright for landlords, tenants and the property sector as a whole”.
Last year Zane reported there was a surge in fake reporting, making it possible for rogue landlords and agents to con tenants out of £1000’s of their deposits by making false claims.
Zane states: “It is simple for us to illustrate how easily an arbitrated claim can be manipulated via the very inventory report and check-out process that should be protecting both the landlord and the tenant. This must urgently now be addressed. As property inspectors, we must be covered by law and regulation’.