Debt / credit & previous homeowners

Previously owned a home

If you have previously owned a home (or had your name on title as owner of a home) you may still apply to either Co-Own or Rent to Own providing you meet our criteria. In addition, you must have:

  • No mortgage
  • No unpaid debt from any previous mortgage
  • No property to sell
  • No interest in any property, in this country or abroad
  • Concluded any settlement arrangements from any previous relationships.

If you are applying to Co-Own for Over 55s, you may currently own a home. However you must not have any debt to any third party which was secured on a previous home. This does not include any mortgage finance which you may have on your current home.