Country head welcomes introduction of new >1% mortgage
The Country Head of Isle of Man Bank says the majority of its customers will be able to put forward a 40 per cent deposit on a property.
Earlier this month the bank announced its first ever fixed-rate mortgage with an interest rate below one per cent.
Last year, house prices on the Isle of Man averaged at £313,000.
Stuart Chivers says people have had time to 'focus' financially during the pandemic:
Ministers 'must hold chief officers to account' over budgeting
Treasury minister faces questions about contingency funds and spending in Tynwald
Over 200 vehicles stopped during Operation UpliftÂ
Five motorists were arrested for drink or drug driving
Tynwald backs first annual update on Autism Strategy
But concerns raised over funding, assessments and lived experience
Tynwald rejects call for new committee to review financial and eGaming regulation
Members instead back a government-framed statement emphasising confidence, stability and readiness for next year’s MONEYVAL assessment.
Hospital patients urged to pack photographic ID
Manx Care says it's due to border implementations if they need to be transferred to the UK