Hi,
My first tenants have just given notice 7m after taking on the property and I am in the process of securing my second tenant.
The rental is fully managed by an EA and I have I have no issue with their general approach.
When I took on my first tenants I agreed for an inventory to be completed by EA, it was very detailed, I was happy with the service and cost £120 + VAT
As it's just 7m on, I wanted to save costs by completing the inventory myself. I feel very little has changed and I'm now in a position where I have the time to complete a comprehensive report very similar to the one provided by EA.
The EA has however stated that if there is an issue with the checkout, then despite the report being of equivalent quality as that produced by the EA, the Deposit scheme people will not accept my inventory as it wasn't completed by an independent company.
Please note my intention was to use the original inventory as a template and copy/paste where appropriate ensuring new photos were taken.
Has anyone who doesn't have their property managed for them by an EA experienced this? Or is this a way for the EA to earn a little extra Money?
Thanks!!