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Liberal Vannin Party to debate shared equity scheme

Tue, 08 Apr 2014

The idea of introducing a shared equity scheme on the Isle of Man will be put under the spotlight at a political meeting tomorrow.

The Liberal Vannin Party will discuss the issue at a meeting at the Old Friends Club in Douglas.

Government has put the idea of a shared equity scheme out for public consultation – in a bid to come up with an alternative to the Housing Purchase Assistance Scheme which expires in July.

It’s an idea that former chairman, and Onchan MHK, Peter Karran has called for in recent years.

LVP vice chairman Pat Ayres says it will help people get onto the property ladder: 

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• Pat Ayres