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Electrical training courses graduates may welcome low interest rates

People who have completed electrical training courses - or who are currently taking them - may welcome the current low-interest rate environment in the property sector.

Liam Bailey, head of residential research at Knight Frank, said that the current economic climate means that people keen to get on the property ladder are now able to borrow money at affordable levels.

This could mean that they are able to purchase a larger home, or one that requires a significant amount of restoration and upgrading work, which could be carried out by a professional with electrical qualifications.

Mr Bailey said: "Economic confidence has improved and the economy seems in a much better shape than it was a year ago, so people are willing to bid prices higher and actually compete for properties."

The sector commentator made his remarks after Rightmove published its latest house price index earlier this month.

It showed that the average asking price for a property this month is 0.2 per cent higher than in October 2008.

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