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1086 articles
Landlord Rental Market Statistics – 2022 Report
In recent years, rental prices have increased exponentially, with renters spending, on average, 29% of their annual salary on property rent. The number of properties occupied by private renters has been increasing gradually since 2000 which is potentially great news if you’re a landlord. About a fifth of families in the UK currently rent rather […]
Deposit Disputes – The Cost of Going to Court
The stereotypes of grasping landlords and belligerent tenants are a long way from the truth. The private rental sector in the UK is generally harmonious with the vast majority of tenancies concluding trouble-free. If practical problems such as maintenance issues do arise, in the main, they are dealt with both quickly and fairly, in accordance […]
Renting in Winter – 5 Ways To Prepare Your Property
In his 1962 State of the Union Address, President John F Kennedy memorably said that ‘the best time to repair the roof is when the sun is shining’. It’s a simple but wise piece of advice which applies both figuratively and literally to landlords across the regions, especially as the UK faces a winter that […]
EA Masters 2022 | Inventory Base wins Silver again!
We are absolutely ecstatic and thrilled to receive the Best Supplier Large – Silver Award at the EA Masters leadership conference, exhibition and awards held at Evolution London, Battersea Park. Presented by Robert Rinder MBE, Sky Sports presenter David Jones alongside Simon Whale and David Mintz of Kerfuffle, Steve Rad CEO of Inventory Base and […]
Carbon Monoxide Alarms – What Inventory Clerks Need to Know
1st October 2022 is a date that should be marked firmly in red on the calendar of every landlord, letting agent and inventory clerk in the UK. From this date, all rental properties, whether they are rented out by private landlords, housing associations, local authorities or any other body, must be fitted with a carbon […]
HMOs – Should they cater for families?
Since 2000, the number of privately rented homes has grown by 2.5 million to over 4.5 million and is set to increase even further to over 5.8 million by 2025. As finding somewhere to live gets harder, is the concept of the ‘traditional HMO’ changing to meet the needs of the modern renter and should […]
Tenant Safety – Are insurance claims on the increase?
According to government figures, in the first quarter of 2021 33,000 unspecified money claims were made in court, of which 74% were personal injury claims. Although some of these will have happened in the workplace, others have been prompted by tripping over a loose paving stone or falling whilst in the property. This can happen […]
Rent Guarantee Insurance – The Landlord’s Predicament
At a time of economic uncertainty teetering on the edge of recession, hardships are rarely confined to one group of people. Renters can be disproportionately affected, as are landlords when rent goes unpaid. Can Rent Guarantee Insurance ease the burden & why are inventory reports important? Businesses that sell products and services are just as […]
Renting Beyond Retirement
Over the next 10 years the number of people renting in the private sector is expected to reach 9 million so what are the options for the population of people looking to rent beyond retirement and how can we make sure they remain happy and safe? Background Home ownership has been an aspiration for most […]
Bricks and Mortar – The True Foundations of Life?
The earliest evidence of bricks and mortar can be traced to the Indus Valley in Pakistan, where, in about 6,500 BCE, sun-dried bricks were used to construct buildings. Gypsum mortar, also known as plaster of Paris, appeared at the same period. Mud huts may have long pre-dated this innovation but bricks and mortar came to […]
Missed Appointments – What Inventory Clerks Need to Know
Missed appointments are the bane of every service industry business, from estate agents to plumbers, from lawyers to hairdressers. For a commercial concern, time is indeed money and a missed appointment is not only time wasted but a lost opportunity for other work and therefore revenue. It’s widely accepted that every missed GP appointment costs […]
Healthy Homes – Will the 11 Guiding Principles Make a Difference?
On 15th July 2022, the Healthy Homes Bill received its second reading in the House of Lords. The private member’s bill originated in the Lords rather than the Commons, and it must pass through three more stages in the Lords before it enters the Commons and is passed into law. Clearly, the Healthy Homes Bill […]
Section 21 repeal – will the balance of evidence change?
The repeal of Section 21 is seen as one of the biggest, most fundamental changes to housing legislation since WW2. Although agents and landlords fear the change, Shelter believes this is a ‘game changer for 11 million private renters and will level the playing field’. But what does this mean for inventory providers and will […]
IR35 – What are the rules on uniform for inventory clerks?
Self employment is often seen as a flexible way to earn a living without the restraints of being employed. But for inventory clerks, the option before setting out on your own needs to be carefully researched including how to manage the complexities and obstacles the UK’s tax law creates around the wearing of uniform, provision […]
Landlords – How to prepare for your Inventory
Compiling an Inventory is a time intensive job that is often impacted because the property is either not ready, not clean or is undergoing last minute maintenance work. This could result in the report being ‘out of date’ as soon as the clerk leaves the property! So how can landlords minimise disruptions to their own […]
Monkeypox: What inventory clerks need to know
The Covid-19 pandemic proved fatal for more than 6m people, devastated economies and left untold numbers suffering with Long Covid. The last thing the world needed or expected was the emergence of another globally mobile virus. Monkeypox is a virus previously limited to remote areas of Central and West Africa that has started spreading, slowly, […]
The Renting Homes (Wales) Act 2016 is now in force – 1 December 2022
Fitness of Homes for Human Habitation, an integral part of the new legislation in Wales rental market, was due to come into effect on 22 July 2002 however it was delayed for 6 months after the Welsh Government admitted that there were still significant issues to be addressed before implementation so wanted to give landlords […]
Inventory Base is shortlisted by ESTAS as one of the top suppliers in the UK property industry
We are extremely proud to announce that Inventory Base has been recognised for outstanding customer service by The ESTAS, the biggest award scheme in the UK residential property industry. Sponsored by Coadjute, the Awards are powered by the ESTAS online customer review platform, which enables suppliers to demonstrate the high levels of customer service and […]
Inventory Base supporting Bellwether inventory customers after shock closure of service
Inventory Base steps in to help Bellwether Inventory Software users after dramatic loss of data and closure. Portsmouth, 30 May 2022: Inventory Base, the UK’s leading Inventory and property reporting software provider, has stepped in to help struggling Bellwether inventory customers after their system was apparently hacked and the service dramatically closed down on Friday […]
Renting in 2022 – Should I Stay or Should I Go?
When Mick Jones of The Clash sang these lines, he followed them with the assertion: ‘If I go there will be trouble, if I stay it will be double’, which pretty conclusively answers the question. Who wants double the trouble? But when we ask this question about the timeless debate as to whether to rent […]
Are Property Reports a Service Business?
Most people have some understanding as to how landlords, agents and tenants fit together but the role of the inventory clerk tends to dwell in the shadows of awareness. So if you are starting out as an inventory provider, how do you know if you have or need a service business? The property industry Landlords, who […]
Inventory Base joins Propertymark’s Industry Supplier platform
Propertymark, the foremost professional body representing the property sector, will showcase Inventory Base’s innovative, feature-rich software and ability to save property professionals time and money to its members. Portsmouth, 25 May 2022: Inventory Base, the UK’s leading Inventory and property reporting software provider, is pleased to announce that Propertymark, the preeminent membership body for estate and letting agents, has […]
Major changes to ground rent payments for new leaseholders take affect in June
The Leasehold Reform (Ground Rent) Act 2022 will come into force on 30 June 2022. The Act abolishes ground rent payments on all new residential long leases in England and Wales. The Scottish Parliament has responsibility for property laws north of the border. Anything with a duration of 21 years or more qualifies as a […]
Inventory Base – 10 Years in PropTech
The property industry has grown exponentially over the past 10 years despite the economic pressures, legislative changes and the obvious effects of the past few years. This has been in almost direct defiance of the Government’s attempts to bring the industry ‘to heel’ with numerous legislation changes and laws that many believe are designed to […]
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