An old people’s home in Peel is to close.

The Corrin Memorial Home, on Albany Road, will shut in July.

A statement from the home reads: ’For several months, the board of directors has worked tirelessly to find a way to avoid closure and the decision to close has not been arrived at easily, but we see no way to make the home viable.’

The board says it does have sufficient funding in reserves to ensure it can meet its current and future financial obligations up to and including the proposed closure of the home.

The board added: ’We fully understand that the announcement of the home closure is likely to be traumatic for our 21 current residents, their families and carers and our workforce. We will do everything we can to minimise the impact for all concerned.’

The home opened in 1956.