On Air Now Jono Evans 7:00pm - 10:00pm Email
Now Playing Baby I Love Your Way Big Mountain Download

    Shared Equity Scheme given go-ahead

    Fantastic news for both first time buyers and the taxpayer - that's the opinion of an MHK after a new Shared Equity Scheme was approved.

    Tynwald last week approved the new system which will replace the current grant and top-up loan assistance which is available under the existing scheme. 
     
    Alf Cannan, who is a member for housing, says it will make obtaining a mortgage more viable and result in a greater return to government over time.
     
    He says everyone is set to benefit:
     

    More from Isle of Man News


    Recently Played

    Listen Live Listen