Inventory Hive and TDS announce joint working plans to raise standards in the private rented sector

We’re delighted to announce that our innovative paperless property reporting platform has announced a link up with The Dispute Service (TDS) from Friday 25th September 2020.

Press Release Statement

Inventory Hive today announced plans to work in partnership with The Dispute Service (TDS) to raise standards and reduce tenancy deposit disputes. This new initiative will align market leading paperless software with expert industry knowledge to better protect both tenants and landlords.  Existing and new Inventory Hive customers will benefit from a range of new features, content and exclusive discounts.

“Since launching just over four years ago we’ve been on a mission to make unnecessary disputes a thing of the past, whilst also pushing the boundaries of innovative features that make inventory reporting transparent and far more efficient,” says Richard Abbots, CEO at Inventory Hive. “This initiative with The Dispute Service enables us to collaborate on new features and educate our users on the best possible industry practice.”

The Dispute Service has always been at the forefront of helping landlords and tenants resolve and reduce tenancy deposit disputes.  We know that a high-quality inventory solution, fully shared with tenants who have the opportunity to comment and amend the document is the best way of minimising deposit disputes.  We are impressed with both the features of the Inventory Hive solution and the commitment of the company to work hard to protect the interests of both tenants and landlords.” says Steve Harriott Chief Executive of The Dispute Service.

The benefits of this new initiative include:

  • Access to a range of exclusive deposit/inventory related guides for the use of landlords and tenants. Simply view ‘Deposit & User Guides’ from the ‘Dashboard‘ area from your browser login.
  • Ongoing collaborative webinars on best practice and practical usage. Invites to follow via email next week and beyond.
  • New software templating features for landlords. Live for all users from today.
  • Exclusive landlord discounts for the TDS Academy training. Information to follow via email next week.
  • Tenancy deposit protection discounts for the TDS Insured scheme. Information to follow via email next week.

About Inventory Hive

Inventory Hive has set-out their stall as a market leading platform with inbuilt remote paperless workflows – designed to create the fairest and most efficient way of agreeing compliance, condition and cleanliness. From check-in inventories to check-outs and COVID-19 safe virtual visits in-between, these workflows are covered without the need for third-party electronic signature software.

In recent years, the platform has shown its thirst for innovation with the release of 360° camera integration with Ricoh Theta devices. This means photos can be captured and tagged into relevant rooms/spaces within a property direct from their App. Other achievements in recent years include the introduction image recognition AI for meter reading populating and integrated tenant pre-arrival document serving.

About The Dispute Service Ltd

  • The Dispute Service Ltd was established in 2003 to operate tenancy deposit schemes across the UK and to provide dispute resolution services.
  • This means that they do not have shares and shareholders.
  • In 2007 legislation came into force in England and Wales which required all new tenancy deposits taken on Assured Shorthold Tenancies (AST) to be protected in a Government authorised scheme. The Dispute Service was approved by the government to run the Tenancy Deposit Scheme (TDS) (which is our trading name in England and Wales). In 2011 similar legislation was introduced in Scotland.
  • Tenancy Dispute Service Group protects over 1.6 million deposits across the UK.
  • The Dispute Service established SafeDeposits Scotland Ltd as a subsidiary of The Dispute Service to operate a scheme in Scotland.
  • In 2013 The Dispute Service Formed TDS Northern Ireland to operate a scheme there as a wholly owned subsidiary of The Dispute Service.

More Information & Webinars to Follow

We will be circulating further information in the coming weeks with regards to discount codes for ‘TDS Training Academy‘ and ‘TDS insured scheme deposit protection‘.

There will also be a host of free webinar events around best industry practice on the following topics:

  • COVID safe check-in inventories. All you need to know.
  • How to create robust and time efficient inventories.
  • Inventories and their importance in evidencing Fitness for Human Habitation Act 2018 compliance.
  • The growing importance of property inventories.

These events will be delivered by both experienced TDS adjudicators and inventory clerks with practical scenarios and examples.