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:
Garff Commissioners hosting offshore windfarm drop in session today
It has invited representatives from Orsted and campaign group Not4Iom to attend
No harbour basin work planned in Laxey this summer
Regular inspections will continue but re-grading work not necessary at this time
Public invited to suggest new brownfield site for potential re-development
A consultation has been launched by the Cabinet Office
Anthony Allen re-elected as chair at Onchan Commissioners
Commissioner says it's been an honour to serve in the role over the last 12 months
