In this guide
2. Eligibility
The Rent to Own-Wales scheme is now closed to participating landlords and no new schemes will be funded.
However, some properties to be offered under the Rent to Own-Wales scheme are still being built and therefore may be available to new applicants who wish to apply for a Rent to Own-Wales home. Please contact a participating landlord in your local area for more information.
Please refer to getting help to buy a home for information on other home ownership schemes.
To be eligible for the Rent to Own – Wales scheme, you must:
- have a combined household income of £60,000 or less each year
- be in work, including being self-employed
- not eligible for housing benefit
- not currently own a home anywhere in the world (unless a court order forces you to remain on the deeds of a property where your children live)
- be unable to afford to buy a property suitable for your family size on the open market or through any other home ownership initiative
- be able to afford the rent of your selected property
- be British or an EU/EEA citizen, or have indefinite leave to remain
- rent an eligible home from a participating landlord
Not sure if this is for you?
Use our scheme finder to find out which other home ownership schemes you may be eligible for.