Advertisement

More challenges than ever for potential first time buyers

by isleofman.com 9th October 2014
An Island estate agent admits young people trying to get on the property ladder are facing more challenges than ever.
Latest government figures suggest more than half of the population could not afford to buy their own home, based on the average house price and a mortgage lending rate of three and three quarter times the average salary.
Tim Groves from Black Grace Cowley says although there are schemes to help young buyers, home ownership is out of reach for many people trying to get onto the local property market.
Clip 1
Posted by isleofman.com
Thursday 9th, October 2014 02:26pm.

Popular Articles

Upcoming Events

Nobles Parkrun

A free, fun, and friendly weekly 5k community event in Nobles Park.  Walk, jog, run, volunteer or spectate...
17 May

Bridge Club

Monday is Bridge Day at the Onchan Pensioner's Social Club   We have two bridge clubs that meet on a weekly...
19 May
View More
Advertisement

You also might be interested in

Stephen Savage joins Quinn Legal’s Corporate and Commercial legal team.

Business

When the clocks sprung forward we lost another precious hour of sleep

Health & Wellness

The GFoGE guide to obstacle races & why should you do one.

Sports & Leisure

Why not take a "Wallaby" walk in the Curragh?

Nature & Wildlife

Hop-tu-Naa is an ancient festival celebrated on the Isle of Man

Visitor Guide

The Isle of Man hosts many traditional ceremonies throughout the year

Visitor Guide