Eligibility criteria
To qualify for our help to buy your first home you must:
- have been an Isle of Man resident for at least the last 5 years
- not have owned a property before on the Island or anywhere else (see Second Time Buyer section below)
- have a total gross income of no more than the relevant limits in the shown below:
First Home Fixed
Single Persons
Maximum Annual Income: £33,000
Couples - no children
Maximum Annual Income: £44,000
Single or couple with 1 or more children
Maximum Annual Income: £55,000
First Home Choice
Single Persons
Maximum Annual Income: £39,000
Couples - no children
Maximum Annual Income: £62,000
Single or couple with 1 or more children
Maximum Annual Income: £67,000
