
Isle of Man Bank says it's trimmed its mortgage rates and is offering cashback deals to help those struggling to afford a home.
The bank says there's £1,000 cash back to Gold Account customers who take out an owner-occupied mortgage.
There's also some good news for first time buyers, with two or five year fixed mortgage rates.
The bank says customers need a ten per cent deposit and can borrow up to £250,000.
Senior bank manager Deniese Smith says the local mortgage market has been under considerable pressure over the past two years but Isle of Man Bank hopes to attract more buyers.
Food wholesaler to close after 55 years
Manx Radio reports financial loss amidst ‘continued market uncertainty’
Strike off process against companies with out-of-date information starts
