How do I buy Shared Ownership?
So you want to buy a property in Manchester or Cheshire and you’re thinking about applying for Shared Ownership. But before you apply, you want to understand how the Shared Ownership buying process works, right?
We get it. It can all seem a little daunting when you’re thinking of jumping on that property ladder.
Here’s a quick rundown of the steps you’ll need to take - including our Shared Ownership eligibility criteria - so you can decide whether to take the plunge.
Read our guide
Buying your first home is definitely one of the most exciting times of your life, but one that also comes with stressful moments. Our comprehensive guide is ready to download and read so that you can understand everything you need to about Shared Ownership.
We’re here to support you every step of the way, so if you have any questions or need more information, please don’t hesitate to reach out to us.
Download GuideAm I eligible to buy?
We want to make homeownership a more level playing field, so Shared Ownership is aimed at those who meet the criteria below.
Shared Ownership is typically designed with first-time buyers in mind, providing an opportunity for those who may not find their dream home on the open market. However, we're not here to set strict rules in stone. Anyone who meets all of the below criteria can buy a Shared Ownership home with initial shares from 10-75% and paying rent on the part you don't own.
At Gecko Homes, we're all about flexibility and making homeownership work for you, no matter where life takes you. Let's talk and find the perfect Gecko-fit for your unique situation.
Household Income
Your household income is less than £80,000 per year.
UK Resident
You currently live and are currently a UK resident.
Own A Home
You don't already own a property of your own.
Affordability
Buying a home outright on the open market is not within your budget.
Circumstances
You had to sell due to circumstances such as a relationship breakdown.
Relocating
You’ve had to relocate to a new area due to family or work commitments.
More Room
You already have a Shared Ownership home but you've outgrown it.
Shared Ownership homeowners
Whether you're a first-time buyer, a single professional, or a growing family, Shared Ownership opens the doors to homeownership for those who dream of a place to call their own.
