Petition in place to make inventories compulsory

Most landlords are keen to make sure that they have a comprehensive inventory in place before the start of a tenancy, so as to avoid any potentially messy deposit disputes at the end of a rental period.

However, a petition is in place to see this become more than just best practice, with over 1,000 people putting their signatures to a petition urging MPs to make independent inventory reporting compulsory.

The online petition has been lodged on the official parliamentary website by the Association of Independent Inventory Clerks, who are campaigning for greater regulation regarding inventories in the rental sector. The petition is online and available to sign until 30th, if it receives 10,000 signatures a minister will respond, whilst 100,000 signatures will trigger a debate in parliament.

Within the petition, data from interiors firm Hillarys is quoted, suggesting that over 800 tenants (from a poll of 2,500) admitted having their deposit withheld, with 68% believing that their landlord have not provided a good enough reason for doing so.

There is also data suggesting that over 40% of student tenants lose over a third of their deposit, and only one in five students interviewed admitted to signing a photo inventory when they moved into their property – leaving them and their landlord open to a potentially tricky situation should their be deposit disputes at the end of the tenancy term.

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