Welsh Property Inventories
A new Inventory Schedule is now available for use in Wales where it is mandatory for inventories to be served at the start of a tenancy. This Inventory Schedule incorporates the terminology and inventory requirements introduced under the Renting Homes (Wales) Act 2016 and s27 Renting Homes (Supplementary Provisions) (Wales) Regulations 2022.
The Inventory Schedule template records check-in and check-out inventory inspections in a single document. It also includes a section to record any outstanding issues to be rectified by the landlord at the start of the tenancy and the check-out section can be used to record any damage or repairs caused by the tenant and costs of repair to be deducted from the deposit.
A new Guidance Note on the importance of accurate and detailed property inventories in Wales is also available. The Guidance Note provides information about the detail that should be incorporated into an inventory at the start of a tenancy, as well as pointers as to how to carry out tenant check-in and check-out inspections.
A new contract-holder letter can be used by landlords to give advance notification of a check-out inventory inspection and provide a contract-holder with time to put the property and contents into order before the inspection.
The contents of this Newsletter are for reference purposes only and do not constitute legal advice. Independent legal advice should be sought in relation to any specific legal matter.