Friday, 11 July 2014

Nest New Regulation Changes

Here are some Nest regulation changes to private landlord and owner occupied properties. Hopefully this is coming out in formal Nest communication shortly as the changes have already been implemented. As of 7th July 2014, the following apply:

· A private landlord can refer a maximum of 3 properties to the Nest scheme (previously this number was 10).

· Private tenants must have resided in the property for a minimum of 6 months prior to a Nest application.

· Private tenants must have a valid tenancy agreement with 6 months left to run as a minimum.

· Private tenants will need to show proof of residency/address to the whole house assessor (to demonstrate they have been in the property for 6 months prior to application, e.g utility bill or council tax bill) as well as a valid tenancy agreement.

· It is only residential properties Nest will accept, the property cannot have been used for a business 12 months prior to the application.

· A private landlord will need to produce their valid gas safety record and send to Nest once a property has been referred.

Please note these changes to regulations are made by the Welsh Government.

Clearly these new regulations could reduce those eligible to apply to Nest. Therefore, if they receive applications from private tenants who fall short of the 6 month minimum time in the property prior to application, they will outbound call them once they reach the 6 month criteria.

If there is anyway Nest can work together to overcome any barriers private rented tenants or others might encounter when applying to Nest please don’t hesitate to contact them.

Tel: 0808 808 22 44 Email: sarah.evans@est.org.uk

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