Licensed Inventory Scheme

The Licensed Inventory Scheme (LIS) is a voluntary, Licensing and Quality Management Scheme to provide technical support, independent Quality-Auditing and professional Regulation of our Inventory Provider Members.

Inventory clerks who have attended training by Inventory-Portal Ltd can demonstrate the 5 core units of professional competence, as recognised by the UK Accreditation and Licensing Schemes for Domestic Energy Assessors (DEAs) and Home Inspectors (HIs).

At LIS we also recognise that some experienced Inventory Clerks may have attended inventory training for example, by AIIC or APIP and we encourage applicatins for Membership of LIS from these professionals, subject to meeting our quality requirements.

All LIS Members

  • are Professionally trained
  • operate under our stringent Codes of Practice
  • have a recognised customer complaints procedure
  • hold Professional Indemnity and General Liability insurance cover
  • are security checked and
  • are externally audited by LIS on their quality of service delivery

Inventory-Portal Ltd and the Licensed Inventory Scheme have been designed to meet the demands of all responsible Letting Agents and Landlords who seek independent, quality-assured inventories in a standard format, including embedded, colour photographs and standardised text to meet the requirements of the modern lettings business.

  View LIS Membership Criteria here

  View LIS Membership Application Forms here

Tenancy Deposit Schemes

From 6 April 2007, the Government made it compulsory for those receiving tenancy deposits in England and Wales to join a scheme that safeguards deposits for the duration of the tenancy and offers resolution procedures should disputes arise, an approved Tenancy Deposit Scheme (TDS).

Where there is a dispute about allocation of the deposit at the end of the tenancy that cannot be resolved between the parties, the TDS scheme refers the dispute to its dispute resolution service. An independent adjudicator will examine the facts and determine how the deposit should be allocated.

Accurate independently obtained Inventories of the condition of the property and its contents at the beginning and end of a tenancy are absolutely critical to this process.

The Licensed Inventory Scheme's quality regime reduces the likelihood of Tenant's complaints or disputes over alleged defects and damage at the end of tenancies, because of our independent, clearly written and photo-embedded inventories.

The risk of time consuming and costly Tenancy Deposit Scheme referrals by unhappy tenants is therefore much less likely.

PDF   View LIS Code of Practice Document

 

To join LIS

Just complete our Application Form and submit it with the Annual Membership Subscription of £150+Vat p.a. (£180.00 inc Vat) either using BACS, PayPal (via our Training Pages), or by Cheque with your Application.

For further help please email us at info@inventory-portal.co.uk