I have a general enquiry for those who have experience of deposit dispute arbitration with The Deposit Protection Service.
Some background information:
I’m about to exchange contracts next week to buy a new build fully furnished flat as a rental investment. The flat has already been let to a tenant by the property developer.
My solicitor has received information covering the background, credit checks and references for the tenant, and they are all satisfactory.
However, I have only just seen the inventory that the tenant signed. It is just a listing of contents with no photographs or statement of condition. Some of the lines read as:
1x Washer Dryer
1x Integrated Fridge/Freezer
1x Glass & Chrome Dining Table
4x Dining Chairs
1x Side Lamp
There is just the one sentence note at the end stating: Apartment new upon handover without any marks or scratches to floors or walls.
The inventory doesn’t explicitly state that all the inventory contents such as the white goods, sofas, tables are all brand new.
(Apologies, when I try to attach the inventory I get a blank window.)
If a dispute were to ever arise when the tenant leaves, how bad is the inventory in terms of my actually winning the dispute?
For example: the tenant has damaged the sofa, or has cracked one of the refrigerator internal containers etc. Do I have a chance to win since the inventory doesn’t state the contents are brand new, although they are!
I just want to find out potentially how bad it can get for me *before* I exchange contracts to buy the flat.
Thank you very much for your comments!