Tradespersons who have taken an electrician training course could find their services increasingly in demand, following comments from Your Mortgage.
It was recently revealed by Santander that the maximum loan-to-value ratio on mortgages for first time buyers purchasing new-build properties is to be raised from 80 per cent to 90 per cent.
Commenting on the announcement, Paula John, editor at Your Mortgage, said that this is not only good news for Britons hoping to get onto the property ladder for the first time, but also for housebuilders, who many now be able to construct more units as a result of rising demand.
"I'm sure the developers are absolutely delighted that it is getting a bit easier for their target audience to actually have the wherewithal to buy their properties," she explained.
With their market potentially growing, it could be that housebuilding firms will increasingly need workers with approved electrical, plumbing or bricklaying qualifications to help fit out the new properties to a high standard.
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