Tai Teg – Affordable housing

To be on Tai Teg’s register you must meet these criteria:

• Age – Be over 18 years old
• Income – Household Income of £16,00 – £60,000 every year (*Household income of £16,000 – £60,000 every year for purchase options)
• Household Income –You will have to prove that you have money coming in to run the property (*Must be in employment or self-employed for purchase options)
• Affordable – You can’t afford to rent on the open market and/ or buy a home that suits your needs
• Accommodation – You are a first-time buyer, or your current home is unsuitable
• Local Connection – You will need to have a local connection with the area e.g live, work or a family connection
• Service Personnel. If you have recently left the service and the income is ‘zero’. There is a need to have a local connection as specified above and in time applicant must meet the income threshold criteria.
• Be British or an EU/EEA citizen, or have indefinite leave to remain

Income must be between £16,000 – £60,000 (you will need to check against the below re: minimum income required for size of property.

Income required (Income has been calculated taking the average rents per intermediate rent property per landlord into consideration).

· 1 bed – £16,000 – £60,000

· 2 bed – £20,500 – £60,000

· 3 bed – £22,600 – £60,000

· 4+bed – £27,000 – £60,000

Households must be able to afford the housing costs (‘rent’ inclusive of any service charges) and these should equate to no more than approximately 30% of your income. e.e. £16,000 x 30% = £4,800 / 12 (months) £400pcm – therefore the affordable rent would be in the region of £400pcm.

If you do not have sufficient income for the size of property required then please contact the Social Housing Register to seek further advice and guidance.

• Age – you must be over 18 years of age.

Income includes the following:

• Income from Employment/Self Employment
• Carer’s Allowance – weekly in advance or every four weeks
• Child Benefit – usually every four weeks or weekly if the claimant is a single parent or they receive certain other benefits
• Disability Living Allowance – usually every four weeks
• Personal Independence Payment – usually every four weeks
• Tax Credits, such as Working Tax Credits – every four weeks or weekly
• Universal Credit – (including housing element) – every month
• Child Maintenance – would not require legal confirmation. We will accept this payment if it’s frequent and noted in the bank statements
• State & Private Pension
• Affordable – you are unable to meet the affordability requirements for properties on the open market.
• Accommodation – the current home is unsuitable and does not meet your family’s needs e.g
• due to family size – (evidence of overcrowding)
• affordability – (current rent is unaffordable)
• specific needs – (reviewed on a case by case)
• in need due to relationship breakdown and need to leave the rented property
• Local Connection you will have to have at least 12 months of local connection to the area you choose to live in to be on the register e.g. living, working or close family contact :- Parents, grandparents, siblings, adult children.
• Applicant should have no more than £16,000 savings.
• A month’s rent and a month’s deposit will usually be required, this will be noted on the property advert.
• Applicants must be in need of affordable housing.
• Applicants who apply for the intermediate rental properties will also be asked to complete a referencing procedure by the landlord. This is to ensure that they are financially stable enough to maintain a tenancy at the specified rent level and that they are suitable tenants. See scheme details for more information.
• Be British or an EU/EEA citizen, or have indefinite leave to remain

• Be over 18 years of age.
• Have a combined household income of between £16,000 and £60,000. Each property will have a minimum income requirement as specified in the property advert.
• Be in work, including being self-employed
• Not be eligible for housing benefit i.e. Housing element of Universal Credit.
• Local Connection – you will have to have at least 12 months of local connection to the area you choose to live in to be on the register e.g. living, working or close family contact :- Parents, grandparents, siblings, adult children.
• 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
• Please note: we consider your credit history as part of the application for a rent to own property and we may ask for evidence of your credit rating.
• For more information please click on the link Rent to Own – Wales: Eligibility | GOV.WALES

This scheme is a partnership with Cyngor Gwynedd.

Through its Buy to Let scheme, the Council is buying houses on the open market to be let to Gwynedd residents at an affordable rate. The aim of the scheme is to increase the number and range of quality affordable houses available within Gwynedd.

Within this partnership, managing the properties on behalf of the Council will be our responsibility.

The homes are available to people who meet the Tai Teg criteria. For those interested, registering with Tai Teg is the first step in applying for a house.

Over the next few years, the Council will consider buying properties across Gwynedd that meet the criteria, including meeting the needs of specific areas, the value and condition of the property.

This scheme is part of Cyngor Gwynedd’s Housing Action Plan, which aims to provide over 1000 homes for the people of Gwynedd over the next few years. The Buy to Let Scheme specifically aims to contribute 100 homes to this target.

Purchase –

• Be over 18 years of age.
• Income must be between £16,000 – £60,000.
• You will have to gain access to a mortgage or have sufficient savings and unable to purchase on the open market.
• Be in work, including being self-employed.
• Local Connection – you will have to have at least 12 months of local connection to the area you choose to live in to be on the register e.g. living, working or close family contact :- Parents, grandparents, siblings, adult children.
• 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 British or an EU/EEA citizen, or have indefinite leave to remain.

To be eligible for Homebuy – Wales you must:

• Be over 18 years of age.
• Have a combined household income of between £16,000 and £60,000.
• Be in work, including being self-employed.
• Local Connection – you will have to have at least 12 months of local connection to the area you choose to live in to be on the register e.g. living, working or close family contact :- Parents, grandparents, siblings, adult children.
• You must be able to show the local authority/Registered Social Landlord either that you are not adequately housed or that you can no longer afford to occupy your current home. e.g be unable to afford to buy a property suitable for your family size on the open market or through any other home ownership initiative
• Not be able to buy a home suitable for your needs without help from Homebuy – Wales.
• Be able to obtain a mortgage to cover your contribution and have savings to cover the other costs of buying a home.
• Be able to meet the specific criteria set by each local authority/Registered Social Landlord which operate the scheme.
• Not be receiving Housing Benefit or have received it during the 12 months before you apply for the scheme.
• Be British or an EU/EEA citizen, or have indefinite leave to remain.
• Click on the link for more information Homebuy – Wales: Eligibility | GOV.WALES

• Be over 18 years of age.
• Have a combined household income of between £16,000 and £60,000.
• Be in work, including being self-employed.
• Be able to obtain a mortgage and have savings to cover the other costs of building a home.
• Not be able to buy a home suitable for your needs on the open market.
• 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) or if you currently own a home you are able to show the local authority that the current home is unsuitable and does not meet your family’s needs.
• Be able to meet the specific criteria set by each local authority in regards to self build. Please refer to the Local Authority Supplementary Planning Guidance for Affordable Homes.
• Be British or an EU/EEA citizen, or have indefinite leave to remain.
• Local Connection – each Local Authority will have their own local connection criteria/policy please contact the planning department for guidance & advice.