The Association of Independent Inventory Clerks (AIIC) has stated its opinion that landlords should be wary of agreeing tenancies to renters with pets.
The association has said that as more people are renting for a longer period of time, there is also more likely to be an increase in tenants keeping pets. Last month, FASThomes.org extracted figures from Zoopla in order to determine which boroughs in London are most and least pet-friendly for renters. Kensington and Chelsea were revealed to be the best for animal lovers, with the City of London being a borough to avoid.
On top of this information, the latest English Housing Survey, released in January, has revealed that private renting now accounts for a fifth of all households. This study also found that 27% of tenants have been renting for ten or more years.
Danny Zane, Chair of the AIIC has said: “It’s clear that the number of long-term lifestyle renters is rising, and this means that more tenants will want to keep pets and therefore be on the lookout for a property which they can truly call home for a prolonged period.”
“It therefore comes as no surprise if more landlords decide to let to tenants with pets as it will widen their pool of prospective renters in an increasingly competitive market.”
With the Pet Food Manufacturers’ Association (PFMA)’s Pet Data Report 2018 showing that 45% of households in the UK own pets, it may be worth considering that lets with pets are becoming unavoidable.
However, the AIIC has said that landlords need to take the necessary steps to protect their investments. Important measures they suggest include taking out a more comprehensive Landlord Insurance policy, as well as increasing the property’s damage deposit and ensuring that an independent and professionally compiled inventory is carried out.
Danny Zane went on to say: “Our furry friends can undoubtedly cause more damage to a property, not to mention additional odours and mess.
“Therefore, more comprehensive landlord insurance can provide the required cover and peace of mind should an incident occur at the property, while a higher deposit will help to ensure that tenants are committed to maintaining the property.”
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Zane also adds, however, that landlords will have to be cautious about charging higher deposits, as the Tenant Fees Bill is due to put a maximum cap of six weeks’ rent on tenancy deposits.
“Crucially, landlords must also make sure that they enlist the services of a professional independent inventory clerk,” Danny Zane continues.
“Independent inventories, which detail a property’s condition at the start and end of a rental contract, provide landlords and agents with peace of mind and protect tenants from unreasonable deductions at the end of a tenancy.”
The AIIC has been campaigning over the last year to get the Government to consider compulsory independent inventory reporting in privately rented properties.