InventoryBase Blog

Tips for letting agents ahead of ban on tenant fees

As part of the new legislation which came into force on 1st June 2019, we have compiled a list of tips for letting agents to navigate the Tenant Fees Act 2019. It is important to note that for existing tenancies which were in place prior to the enforcement of the ban, that these do not […]

September 17, 2019

What does an inventory clerk do and should i hire one?

Letting property can be a difficult business, for both tenants and landlords alike. A ripped carpet, broken window or marked wall can cost a renter a hefty penalty from their deposit, and a landlord feels that money must be spent before they can rent the property out again. So what is the solution? Hiring a […]

September 13, 2019

Rising number of safety problems being flagged by inventory clerks

An increasing quantity of safety issues are being flagged up in inventory reports completed by inventory clerks, according to the most recent analysis from the AIIC. Inventory reports are now showing compliance and safety issues inside tenanted properties more than ever before, the Association of Independent Inventory Clerks has reported. Independent clerks are now effectively […]

September 9, 2019

A landlord’s guide to avoiding tenant disputes by using inventories

An inventory is one of the most crucial documents you will ever have as a buy to let landlord. An inventory prevents deposit issues with tenants and protects your property. It is often stated that the outcome of a tenancy dispute occurs at the start of a tenancy rather than the end, as you have […]

September 6, 2019

Why property inventory reports are crucial

Now no longer just a tool for preventing disputes with tenants focusing on condition or cleanliness, property inventories have become crucial. With home ownership moving increasingly out of the reach of many tenants in the UK, wiser and more assertive tenants who understands their rights as renters are now commonplace within the rental market. To […]

September 3, 2019

Are inventories required for unfurnished rental properties?

There’s often confusion within the private rented sector as to whether properties which are rented in an unfurnished condition require an inventory to be completed, with some believing that this is merely an unnecessary expense. It is clear from analysing a range of forums, with posts from both tenants and landlords, that there is a […]

August 30, 2019

The growing risk of data and cyber crime in the lettings sector

Technology and the digital world provides many advantages to letting and estate agents, but this comes with serious additional risk, and it is essential to ensure that your business is prepared. A data breach could occur in all sorts of different instances, and therefore it is essential to understand what the specific areas of exposure […]

August 22, 2019

Staff training is the key to success in proptech

When recruiting new staff for your business, training them must be one of the top priorities. After the initial training period, ongoing development and training ensures that their skill set and output will improve, which ultimately benefits your business. This same rule applies to training staff in how to use a new proptech service or […]

August 19, 2019

The growing risk of data and cyber crime in the lettings sector

August 3, 2019

Digital vs. paper: what is best for property inspection?

Technology has disrupted our world completely, as we download books on mobile devices, teach our children maths on tablets and check our bank statements on our smartphones. But despite technology evolving in the world around us, property managers continue to argue that the property industry will remain safe from any disruption caused by technology. Surprisingly, […]

August 2, 2019

How technology is changing roles within the property sector

Technology is changing how agents sell and let properties. This might be through embracing social media in order to engage younger generations in letting property, or automating processes to give agents an opportunity to improve their service to clients. There is innovative technology already in use which is helping letting agents move to more cost-effective […]

July 25, 2019

The Proptech solutions which are changing property interaction

A message which is often repeated in the property industry is that if you fail to embrace new technology, you risk being left behind. In the modern world, this statement is more true now than ever before, with the digital revolution dominating every industry. The lettings sector is no exception. Currently, searching for holiday rentals, […]

July 17, 2019

Why property inventory reports are crucial

Property inventories are now no longer just a tool to prevent disputes around cleanliness and condition. With house ownership moving further and further out of reach for renters across the UK, tenants are becoming more assertive and more knowledgeable about their rights. In addition to this, taxation and legislation for rental properties has become increasingly […]

July 12, 2019

How inventories could be crucial in rental reform

According to some of the largest providers of inventory services in the UK, independent inventory reporting is to become the perfect companion to the proposed housing reforms from the Government. It has now been predicted that a single-route, clear complaints system, which was proposed within the Housing Complaints Resolution Service from the Government, could be […]

July 9, 2019

Letting fee ban in Wales receives royal assent

After it received approval from the National Assembly for Wales, Julie James, the Minister for Housing and Local Government has affirmed that the Renting Homes (Fees etc.) (Wales) Bill received Royal Assent. This means that the legislation, which bans the majority of fees charged to tenants in Wales, has passed the third stage of legislative […]

July 5, 2019

How AI will transform the rental sector

From rent payment reminders to complex compatibility algorithms, technology is transforming the property rental experience. Technology such as dating apps has transformed the lives of many, and at the same time, the huge rise in property prices has pushed a generation out of home ownership. It was always going to be just a matter of […]

July 1, 2019

There is still time to prepare for the new rental laws

New legislation is set to transfer the attention of housing associations to the quality and safety of existing housing stock. This will likely cause pressure, but it is essential that property managers, letting agents and landlords prepare for this. After all, those that suffer most are always the ones most resistant to change, while those […]

June 28, 2019

The importance of inventories for tenants

Moving into a new property is an exciting time. However, it can often come with its own stress and issues. An inventory report is usually issued to the tenant by the managing agent, and it’s where the condition and any damage to the property is thoroughly noted and documented. Inventory reports are imperative for privately […]

June 25, 2019

Do you know your responsibilities as a landlord?

Becoming a landlord continues to remain an attractive prospect for many. With regular income from rentals alongside future capital growth, it is easy to understand why. However, the occupation is not without its challenges. Landlords have faced a barrage of new laws and regulatory changes in the last few years, which have proved difficult to […]

June 21, 2019

Inventory guidance released by TDS to coincide with the introduction of the tenant fee ban

The TDS (Tenancy Deposit Scheme) has announced new guidelines on inventory reports in an effort to support letting agents and landlords in-line with the ban on tenant fees, introduced on 1st June 2019. Also known as the Tenant Fees Act, the new law is applicable to letting agents operating in England, and will mean that […]

June 14, 2019

InventoryBase launches new cutting edge Workstreams module for managing transactions between agents and suppliers inventories and inspections

Today InventoryBase announced the launch of their new InventoryBase Workstreams module, allowing InventoryBase users to capture payments and setup payment agreements for outsourced property visits. The new Workstreams module provides an easy way for InventoryBase users to get paid for invoices raised from completing property reports, such as inventories, check ins, check outs or periodic […]

June 13, 2019

What to look for in a property inspection

A checklist for property inspections is extremely useful for letting agents and landlords. A checklist guides agents on what must be assessed, as each property is different, making it easy to make a mistake in an inspection. Inspections are a crucial aspect of being a property manager or letting agent. If landlords fail to ensure […]

June 11, 2019

Brexit chaos reduces number of Chinese investors

The uncertainty which is currently being caused by Britain exiting the EU has had a striking effect on the numbers of Chinese investors making residential acquisitions within the UK, according to the latest statistics. The research, conducted by the largest international property portal in China, Juwai.com, shows that property buying from Chinese investors has waned […]

June 7, 2019

Right to Rent could become more complex in aftermath of Brexit

Mishcon de Reya, the leading legal firm, has warned that the rules and regulations around Right to Rent could evolve to become even more complex for landlords and letting agents after Brexit. This warning comes despite the recent court case at the High Court, which deemed that Right to Rent breached the human rights of […]

June 6, 2019

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InventoryBase Blog

Tips for letting agents ahead of ban on tenant fees

What does an inventory clerk do and should i hire one?

Rising number of safety problems being flagged by inventory clerks

A landlord’s guide to avoiding tenant disputes by using inventories

Why property inventory reports are crucial

Are inventories required for unfurnished rental properties?

The growing risk of data and cyber crime in the lettings sector

Staff training is the key to success in proptech

The growing risk of data and cyber crime in the lettings sector

Digital vs. paper: what is best for property inspection?

How technology is changing roles within the property sector

The Proptech solutions which are changing property interaction

Why property inventory reports are crucial

How inventories could be crucial in rental reform

Letting fee ban in Wales receives royal assent

How AI will transform the rental sector

There is still time to prepare for the new rental laws

The importance of inventories for tenants

Do you know your responsibilities as a landlord?

Inventory guidance released by TDS to coincide with the introduction of the tenant fee ban

InventoryBase launches new cutting edge Workstreams module for managing transactions between agents and suppliers inventories and inspections

What to look for in a property inspection

Brexit chaos reduces number of Chinese investors

Right to Rent could become more complex in aftermath of Brexit

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