Gecko Homes

At Gecko Homes we believe all our home buyers deserve a better, simpler service, therefore we aim to provide homes to suit all budgets and needs.

From 2017, we have been offering flexible options that help you find your perfect place, with a range of properties for rental, outright sale and shared ownership. Plus, to make your home move even easier, we continue to offer our services and support long after you move in.

At Gecko we have a helpful and personal approach that makes purchasing a new home simple and achievable.

We provide high-quality, professionally built family homes and apartments, situated in desirable locations. As part of Southway Housing Trust and being based in Manchester, we are local to every housing development we have built and know all of our areas well. 

What is shared ownership?

The shared ownership scheme provides a perfect opportunity for first time buyers and those who do not currently own a property to buy a share in one of our newly built, high-spec homes.

Shared ownership allows you to purchase a percentage of the property, allowing you to only buy as much of your new home as you can afford, usually between 35%-75%, and pay rent on the remaining percentage of the property at an affordable rate. 

As it is part of the affordable housing scheme, it is designed to help people get on to the property ladder. Then, at a later point once you can afford to do so, you can buy more of your property - this is known as staircasing. 

With a shared ownership purchase, you only need a mortgage for your share in your home, so the amount you need for a mortgage deposit is generally far less than buying a comparative property outright, and the combined mortgage and rent are usually less together than renting privately. 

In order to buy using the shared ownership scheme you must not own or part-own any other property and have a household income that does not exceed £80,000 a year.

For more information, visit our website or give us a ring. We are always happy to answer any questions you have.

0330 995 1333