Introduction
The (LIPS) Licensed Inventory Provider Award has been created to develop and qualify individuals to become licensed Inventory Providers to undertake and produce Inventories for let residential properties.
Candidate Eligibility
The route offered by Licensed Inventory Provider Scheme is not seen as a learning qualification but more as the provision of evidence of a person's competence in the field of Inventory Provision and so is primarily designed for Experienced Practitioners.
An Experienced Practitioner is classed as having relevant qualifications and having worked within the area of property Inspection for a minimum of 6 months.
Whether you are a qualified and accredited Domestic Energy Assessor (DEA) or an RICS chartered or technical member or someone with experience in the Inventory business, becoming a Licensed Inventory Provider with the Licensed Inventory Provider Scheme (LIPS)... is a very straightforward process.
For experienced property professionals, such as accredited Domestic Energy Assessor (DEA), RICS chartered surveyors or experienced Inventory Clerks, this will take a matter of a few weeks.
Less experienced applicants will need to undertake additional training in the form of the Level 3 Diploma in Domestic Energy Assessment before starting the Licensed Inventory Provider Award.
The following schematic diagram shows the pathways to becoming an accredited Inventory Provider under the Licensed Inventory Provider Scheme.
Route for Accredited Domestic Energy Assessors
Once you have attended your two days of Inventory Provider Training you will be required to produce evidence showing your competence and the knowledge and understanding involved in undertaking Inventories. This is done in the form of a portfolio.
Within this portfolio you will be expected to include the following documents:
- A brief CV;
- Statement of Experience;
- Statement of Claims History;
- CPD records;
- Produce 2 x indicative Inventories for assessment;
- A basic level CRB (Criminal Records Bureau) Report.
More questions and answers can be found in the Inventory Provider Training and Accreditation - Frequently Asked Questions.
Route for Residential RICS Chartered Surveyors
Once you have attended your two days of Inventory Provider Training you will be required to produce evidence showing your competence and the knowledge and understanding involved in undertaking Inventories. This is done in the form of a portfolio.
Within this portfolio you will be expected to include the following documents:
- A brief CV;
- Statement of Experience;
- Statement of Claims History;
- CPD records;
- Produce 2 x indicative Inventories for assessment;
- A basic level CRB (Criminal Records Bureau) Report.
More questions and answers can be found in the Inventory Provider Training and Accreditation - Frequently Asked Questions.
Route for Experienced Inventory Clerks
Once you have attended your two days of Inventory Provider Training you will be required to produce evidence showing your competence and the knowledge and understanding involved in undertaking Inventories. This is done in the form of a portfolio.
Within this portfolio you will be expected to include the following documents:
- A brief CV;
- Statement of Experience;
- Statement of Claims History;
- CPD records;
- Produce 2 x indicative Inventories for assessment;
- A basic level CRB (Criminal Records Bureau) Report.
More questions and answers can be found in the Inventory Provider Training and Accreditation - Frequently Asked Questions.
Why choose to become a Licensed Inventory Provider
Find out more about the routes to qualifying as a Licensed Inventory Provider.
Once you have identifed your route to Inventory Providor you can train through our approved training provider property-careers.com - Inventory Provider Training - Leading to Licensed Inventory Provider Scheme Accreditation
Once you have become a Licensed Inventory Provider, you will have a further skill set and to take to the property market.
For more details about Inventory Provider training visit property-careers.com or call their free advice line on 0800 731 6804.
