Fears planned changes to government's first time buyers schemes will 'fall by the wayside'

There are concerns they've been proposed too close to the end of the current administration

There are fears planned changes to government's first-time buyers schemes will 'fall by the wayside'.

A public consultation is currently live asking for feedback on proposals for the Shared Equity Purchase Assistance Schemes.

Some of the changes include resetting income thresholds, extending interest-free periods and reducing residency requirements.

But Paul Chase from Financial Options is concerned it's too late in this administration to be trying to amend the initiatives:

Manx Radio has invited the Department of Infrastructure to respond to Mr Chase's comments.