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Pay your mortgage – Hon Skelton to future SSB home owners

- 6 buildings to be completed by December 2017
The ground-breaking ceremony for the construction of the Joe’s Hill Manor, at Joe’s Hill, Tortola took place on April 20, 2017. Photo: VINO
Minister for Health and Social Development Honourable Ronnie W. Skelton (AL), 2nd from left, has forewarned that it’s not going to be a free ride as home owners with the Social Security Board’s ‘First Time Home Owner’ initiative must pay their mortgage. Photo: VINO
Minister for Health and Social Development Honourable Ronnie W. Skelton (AL), 2nd from left, has forewarned that it’s not going to be a free ride as home owners with the Social Security Board’s ‘First Time Home Owner’ initiative must pay their mortgage. Photo: VINO
Joe’s Hill Manor, a gated community, will have one bedroom and two bedroom condos, two bedrooms and three bedroom townhouses, two and three bedroom homes. Photo: VINO
Joe’s Hill Manor, a gated community, will have one bedroom and two bedroom condos, two bedrooms and three bedroom townhouses, two and three bedroom homes. Photo: VINO
Larry Adams (left) and James Todman, the contractors for the Social Security Board’s ‘First Time Home Owner’ Programme. Photo: VINO
Larry Adams (left) and James Todman, the contractors for the Social Security Board’s ‘First Time Home Owner’ Programme. Photo: VINO
ROAD TOWN, Tortola, VI – Persons who would be selected from over 400 applicants to be owners of the Social Security Board’s “First Time Home Owner” initiative are forewarned that it’s not going to be a free ride as they must pay their mortgage.

This was said by Minister for Health and Social Development Honourable Ronnie W. Skelton (AL) at the ground-breaking ceremony for the construction of the Joe’s Hill Manor, at Joe’s Hill, Tortola, on April 20, 2017. “You must pay your mortgage. I’m sure there will be some opportunities where you can renegotiate, but at the end of the day you must pay your mortgage,” said Hon Skelton.

It was also announced at the ground-breaking ceremony that while the first phase of the programme will see the complete construction of some 25 buildings to accommodate 53 homes by December 2019, the contractors are working to have the first six buildings completed by December 2017.

The contract was awarded to JL Construction, a company that was formed specifically for this venture. It’s the merging of James Todman Construction and Larry Adams Construction, a move which shows that contractors coming together can position themselves for big local contracts.

It was music to the ears of those present, especially Premier and Minister of Finance Dr The Honourable D. Orlando Smith OBE, and several of his legislators, that the contractors have every intention to go strictly local for all its resources for the entire project, which include man power, equipment and materials.

$14M project

The estimated cost to build the Manor has moved from an initial $11M to $14M as the quantity upped. Speaking on behalf of the company, Mr James Todman told those present, “We will have four homes fully ready for December 2017… We going to work tirelessly to get two more buildings in. So we looking at having at least six buildings for 2017 in December.”

Joe’s Hill Manor, a gated community, will have one bedroom and two bedroom condos, two bedrooms and three bedroom townhouses, and two and three bedroom homes.

Chairman of the Social Security Board Ian Smith, who is credited for bringing forward the First-Time Home Owner programme to the SSB, said the ultimate goal of this initiative is to afford VIslanders the opportunity to own their own homes. He said it would lead to the encouragement towards saving; creation of wealth, future generation of home owners and independent citizens; and contribute to the solidification of the foundation of our growing economy.

But it was made pellucidly clear that not only VIslanders are eligible to apply but also belongers and persons resident in the territory for 20 years or more.

“After completion of the development, 52 families will own their first home and employment opportunities will be available for the operation, maintenance, and upkeep of this community,” added the Social Security Board Chairman.

24 Responses to “Pay your mortgage – Hon Skelton to future SSB home owners”

  • wize up (24/04/2017, 09:15) Like (5) Dislike (28) Reply

    long live the National Democratic Party(now the p*$s talk will begin!!!!)

  • is he embarrassing us? (24/04/2017, 09:26) Like (20) Dislike (2) Reply
    Tell the NDP to pay their darm bills
  • negativity (24/04/2017, 09:28) Like (26) Dislike (5) Reply
    The bank is going to repossess half of them
    • Make BVIslandersgreatagain (24/04/2017, 19:39) Like (4) Dislike (11) Reply

      Virgin Islanders are known to hold on to their properties. I think the homes should be for Virgin Islanders only, story done.

      • @MBVIsGreatagain (26/04/2017, 09:29) Like (2) Dislike (0) Reply
        that is such a short sighted view, especially because BVIs are not the only ones contributing to SSB. infact the majority of the Labour Force here are foreigners (70%)..What would SSB look like if all these foreign ppl were not making regular contributions..Some BVIs forget that this country is home to a symbiotic relationship of Locals and Expats, we support and depend on each other..Sometimes we get blinded by seething and unwarranted hate simply because we were born on different rocks, forgetting that we are all descendants of West African Slaves..what a shame!!!
  • good (24/04/2017, 10:00) Like (17) Dislike (10) Reply
    This is GREAT news for more than one reason! Firstly to give people an opportunity to own their own home but more so, the fact that local labor will be utilized. Get these young men who are willing and able to do some work and get off our streets. It's common knowledge that when big projects are ongoing and people are working, crime goes down. It's not an excuse for crime but it's a reality. Hope to see this project completed as planned.
    • Online Now (24/04/2017, 17:57) Like (1) Dislike (1) Reply
      If they were willing and able, they would already be working ...
  • Afu (24/04/2017, 10:28) Like (11) Dislike (14) Reply
    GO TO H€LL, all of you!
  • what a mess (24/04/2017, 12:01) Like (9) Dislike (17) Reply
    If persons are not paying the Government Bank for loans; property, home, businesses etc. What makes you think they will pay SSB. We will see...time will tell.
    • lord o. (24/04/2017, 12:47) Like (8) Dislike (12) Reply
      I need a house what's the process?
    • concern (24/04/2017, 16:43) Like (1) Dislike (8) Reply
      Maybe you are not following, they are not securing a mortgage with SSB, they have to show proof they qualify for a mortgage with a BANK. So if they don't pay the bank, same will apply - foreclosure.
  • OMG (24/04/2017, 12:07) Like (7) Dislike (1) Reply
    After TTP and no one can say, "Where All The Money Gone" they trying to get more money to line their pockets with. This is a bad idea and I will live to see the dark come to light. Send them to the National Bank that is what it is there for. If it is not working the way it should change the regulations.
  • Great. (24/04/2017, 12:45) Like (5) Dislike (7) Reply
    Payment guaranteed on time every month. Stress free. You can count on xpats...
  • VG Realist (24/04/2017, 13:21) Like (4) Dislike (10) Reply
    Election will be held sometime this year. They are campaigning quitely.
  • YOLO (24/04/2017, 14:04) Like (2) Dislike (10) Reply
    Can I buy one ? Who are the selected people I'm ready to be a house owner
  • tola (24/04/2017, 15:47) Like (6) Dislike (8) Reply
    I smell trouble hmmm wonder how far will this go buddy ayo soon here the out come of this jus like the NHI
  • Positevibrations (24/04/2017, 19:43) Like (1) Dislike (12) Reply
    Where there is negative vision, people will perish. You want a home, get on board or be left behind. This is the way to own a home now, no giving land and you building piss. Get with the program. Who don't want to pay the bank, foreclose and put in another eligible Virgin Islander. Stop thinking about trouble. When I a Virgin Islander got a home, my aim was each month to pay my mortgage. I have been doing so for 20 years, never missed a payment, thank God. There are many more responsible Virgin Islanders than irresponsible ones.
  • Bushwacker (24/04/2017, 23:54) Like (11) Dislike (0) Reply
    I can smell election in the air! let's see if this Gimmick turns into an electioneering stunt!
  • concern (25/04/2017, 08:46) Like (10) Dislike (0) Reply
    Why the minister and the director of social security are able to dip their hands in the social security fund without the citizens approval? Then to include homeownership to people who are not citizens. This show all of us that they think the people's hard earned money is theirs. This will never happen in another country whether the Caribbean or elsewhere.Where is the trust? Virginislanders have become lower than third class citizens in their own country under this government. White collar robbery is taking place in this country.
  • I knowwho iam (25/04/2017, 09:04) Like (1) Dislike (1) Reply
    dont kill it before it before it come to life
    let's think positive.


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