Independent inventory reporting of privately rented properties on an AST should be a mandatory requirement. Independent inventories offer protection and help to reduce the number of deposit disputes. Please support this petition and help us make the letting process more transparent for all.
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As the Private Rented Sector now covers a fifth of all households (EHS 2015-16), it’s crucial that tenants and landlords abide by a fair move-in/move-out process.
Key figures:
- A third of 2,500 tenants admitted having their deposit withheld and 68% believed their landlord didn’t provide good enough reason to do so (Hillarys, 2017).
- 40% of students lose well over a third of their deposit when they rent privately, while 79% do not sign a photo inventory when they move in (Money.co.uk, 2016).