For the question: Do you own or rent your home?
The home is in my wife's name. Technically I do not own the home as well as not renting it.
Do I simply answer No to this question?
It’s asking you ‘as a couple’... so you tick Yes, because you, as a couple, own the home you live in.
The 3 options mean:
I own: you and/or your sponsor own the home you live in
I rent: you and your sponsor rent the home you live in
I neither own or rent: you live with friends or family in the home that they own... you are a ‘guest’ in someone else’s home.
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