Confidence in the market is strong
The recent freeze in the Bank of England base rate has led to a significant increase in the number of home buyers seeking mortgages.
That's the experience of local mortgage broker Financial Options.
Spokesman Paul Chase says confidence in the market is strong and, despite mortgage rates remaining high, there's also been a marked rise in the number of first time buyers seeking to enter the market:
Meningitis B vaccination scheme to be rolled out on-Island
Programme is for eligible Year 13 students and under-25s
Balthane Roundabout plans on hold until 2027/28 as costs rise
Price tag has jumped up by £600,000 since scheme was first approved
Port St Mary lifeboat launched to rescue stricken fishing vessel
RNLI crew tows vessel back into harbour
Enquiries ongoing after 'shotgun-like sound' heard near Police Headquarters
Police say there's no indication of any wider risk to the public