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London 'could provide more work for electricians'

Tradespersons with approved plumbing or electrical qualifications could find themselves in high demand in England's capital after the London Central Portfolio encouraged investors to take advantage of the favourable commercial property market conditions there.

According to the organisation, current low prices for prime assets in the city makes now a very good time to buy in an area that is constantly sought-after.

Naomi Heaton, the chief executive of the London Central Portfolio, commented that "the growth that one would normally have seen over the last 18 months hasn't been there and you are getting in a market which is softer then it has been before".

With more people being encouraged to invest, electricians, plumbers and plasterers could find increased employment opportunities in the capital to carry out repairs, installations or restoration work to commercial property.

According to figures from property investment company Cluttons, the last six months has seen a 40 per cent increase in demand for prime property, most of which were for the accountancy, law or medicine sectors.

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