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FTBs could be in need of qualified plumbers

Tradespersons who have completed a plumber training course could increasingly find their services in demand from first-time buyers (FTBs), following comments from What Mortgage.

According to data from Moneyfacts, the number of high loan-to-value mortgage deals - typically favoured by people getting onto the property ladder for the first time as they require a smaller deposit - available on the market saw an annual increase of 68 per cent at the start of this month.

Commenting on the statistics, Ben Wilkie, editor of What Mortgage, said that the home loan deals "really should help first-time buyers, because even to get a ten per cent deposit is hard enough and to get any higher than that is outrageous, for many people".

And it could be that workers with approved plumbing or electrical qualifications receive a boost in their employment prospects as a result of more people entering the property market and looking for professionals to carry out renovation projects, home upgrades and repair jobs.

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