Length of employment

Employment criteria differs for Co-Own, Co-Own for Over 55s and Rent to Own.

If you are applying for Co-Own you must be with your current employer for at least the following period before you apply:

• Permanent – 6 months plus
• Fixed Term – 12 months plus
• Temporary – 12 months plus
• Zero Hours Contract – 12 months plus
• Self Employed – you’ll need to provide SA302 summaries in Northern Ireland for the last 2 years and also the full tax return for your latest SA302. You will also need to have been trading with no breaks for at least the last 3 months.

If you are applying for Co-Own for Over 55s it’s not necessary to have a job to be eligible. If you do have a job for it to be taken into account, in terms of affordability, the following types of employment are acceptable, and you must be with your current employer for at least the following period before you apply:

• Permanent – 6 months plus
• Fixed Term – 12 months plus
• Temporary – 12 months plus
• Zero Hours Contract – 12 months plus
• Self Employed – 1 year

If you are applying for Rent to Own you must be with your current employer for at least the following period before you apply:

• Permanent – 3 months plus
• Fixed Term – 6 months plus
• Temporary – 6 months plus
• Zero Hours Contract – 6 months plus
• Self Employed – 1 year plus

For all three products you must not be under notice of termination of employment or redundancy.