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Property Development


UKDLP

Summary

Price
£320 inc VAT
Or £53.33/mo. for 6 months... Read more
Study method
Online, self-paced
Duration
12 Months
Qualification
No formal qualification
Additional info
  • Tutor is available to students
  • Certificate of completion available and is included in the price

10 students purchased this course

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Overview

Property development can be a very lucrative profression. However, for those who lack experience it can be beset with pitfalls. This online course is designed to help you steer clear of these issues. It will take you through all the basics steps of conducting a successful development project, and give you detailed guidance on things like legal procedures and planning law.

Description

The course is divided into 21 units. Firstly, the author introduces the property market, where to buy and who can develop.

  • What is property development?
  • Who are property developers?
  • Key job description
  • Work Conditions
  • Personal Requirements
  • How can you benefit from property development?
  • Who can develop properties?
  • Landowners
  • Where to buy property
  • Professional involved in Property Development

Recessions and their effects are explored in the second unit. The author identifies how the credit crunch began, and how its aftermath has opened new doors to property investors.

  • The Credit Crunch explained
  • How can you benefit from the housing market crash?
  • Methods to overcome the Credit Crunch
  • Become you own estate agent
  • Sit it out
  • Create several sources of revenue
  • A work partner
  • Methods of finding finance
  • Control your outgoings
  • Re-evaluate you property portfolio
  • Stay focused and be strong

It is important to carry out desk study before investing in property. Thus, methods of property research are established in unit 3.

  • Before you start
  • National market v local market
  • What types of properties can I buy?
  • Where can I find out about what property is available?
  • Where to really look
  • Land Acquisition
  • Finding property to invest
  • Do your research
  • Local neighbourhood analysis
  • Flood area check
  • Will your project be profitable

It is essential to understand the legal aspect of property. In unit 4 the author explores property and the law, including conveyancing, knowing your rights, and how to sell your property.

  • Freehold or leasehold
  • Conveyancing
  • Restrictions and covenants
  • Selling a property
  • Types of surveys
  • The legal process
  • Gazumping and gazundering
  • Knowing your rights
  • Project particulars
  • What to look out for
  • Top tips for buyers and sellers
  • Key terms
  • What if there’s a problem?
  • Useful addresses
  • Checklist for buying property
  • Property and Legal Glossary

Different types of property, including listed buildings, are identified in unit 5.

  • Where to buy
  • How to find a bargain
  • Making an offer
  • Types of property
  • Listed buildings
  • When is a building worthy of listing?
  • Principles of selection

One of the key areas of property development is finance. In unit 6, the author explores different methods of finance option available on the market.

  • Plan carefully
  • Available equity
  • Raising funds from family and friends
  • Gearing
  • Mortgages
  • Insurance on mortgages
  • Loans and overdrafts
  • Investment syndicate
  • Grants
  • Government and Council schemes
  • Shared ownership
  • Who is eligible?
  • How much does it cost?
  • Taxes and fees
  • Ongoing monthly costs
  • Property cost checklist

Unit 7 explains the nature of plans and drawings and how they might relate to your property.

  • Locations
  • Lifestyle
  • Size of family
  • Environment
  • Law and the government
  • Reasons for building a home
  • How to design house plans
  • Sample plans

Building regulations are vital when it comes to all aspects of a building. In unit 8 the author analyses what building regulations are and what they cover.

  • What are building regulations?
  • Why comply with building regulations?
  • What building work should comply with building regulations?
  • What the regulations cover
  • Buildings and building work exempt from building regulations
  • How to apply for building regulations approval
  • Local authority building control service
  • A full plans application
  • Building notice
  • Approved inspectors’ building control service
  • Consulting your neighbours
  • How building regulations are enforced and how to appeal
  • How are the building regulations enforced?
  • What happens if you disagree with a local authority’s enforcement notice?

In unit 9 we cover the planning process, which is one of the most important parts of developing property.

  • Structure
  • Do you need planning permission?
  • Learn how to make an application
  • The planning process
  • Surveys
  • Buy to let
  • Yield
  • Building a buy to let portfolio
  • Do I need permission to rent my property?
  • Where to advertise?
  • Accommodation Agencies
  • Tax implications of renting out property
  • Who should pay the Council Tax?
  • Do I have to take an inventory of the property?
  • Insurance
  • Written agreement
  • Stamp duty
  • Saleability

A successful and well-organized project is the result of excellent project management. In unit 10 the author explore the different project management options.

  • Who is going to manage your project?
  • Managing a project yourself
  • Appointing a Project Manager
  • The Management Brief
  • Questions you should ask yourself

In unit 11 the author covers renovation of property

  • Clearing out for a renovation project
  • General renovation tips
  • Work schedule
  • Information you need to gather
  • Renovation a bathroom
  • Renovating a basement
  • Windows and lighting
  • Building a home office
  • Building a garage
  • Construction costs
  • Quotes to secure
  • Building Regulations
  • Gas and electrical
  • Energy efficiency
  • Decoration

Buying at auction is a popular method of buying property at good value; this is covered in unit 12.

  • Do your research
  • Auction regulations
  • Reconnaissance trip
  • Unsold lots
  • Set a limit for yourself
  • Be dispassionate
  • Persistence
  • Checklist

Unit 13 identifies the advantages and disadvantages of buying property before it is built.

  • What is Off-Plan property?
  • Why buy property that hasn’t been built?Advantages of buying off-plan
  • Disadvantages of buying off-plan
  • Snagging
  • Using a Property Investment Company
  • Checklist
  • What types of Off-Plan property are there?
  • Subject to planning
  • 2 month plus build programme
  • Buying into an existing development
  • Back-to-Back and Assignable Contracts
  • Assignable contracts

Buying to let is a popular option for many property developers. Unit 14 covers the different ways this can be managed, and outlines a landlord’s rights and responsibilities.

  • The basic guide to buy-to-let
  • Making money from buy-to-let
  • Funding the right buy-to-let property
  • Buy-to-let mortgages
  • Licences
  • Finding the right tenant(s)
  • Tenancy deposit protection
  • Your responsibilities as a landlord
  • Landlord management fees
  • Landlord Taxes

Marketing your property efficiently is very important in the selling stages; this is covered in unit 15.

  • Putting together a marketing strategy
  • Tips on a sales strategy
  • Advertising on the internet
  • For Sale Boards
  • Wording your property adverts
  • Photographs
  • Estate Agents
  • Multi agency

There are different rules and regulations for buying property in Scotland and abroad. The author establishes this difference in unit 16 and unit 17.

  • Looking at properties
  • Buying property in Scotland
  • Pricing of property
  • The buying process
  • Valuation
  • Making an offer
  • Factors
  • Buying Property in Ireland
  • Buying Process
  • Foreign market
  • Buying without a lawyer
  • Legal Advice
  • Financing your property abroad
  • Security
  • Capital gain potential
  • Tax
  • Estate Agents abroad
  • Bulgaria
  • Barbados
  • Safety and security
  • Local travel
  • Local laws and customs
  • Natural disasters

Furthermore, in unit 18 and unit 19, the author covers how to start a business and different types of businesses.

  • Where to start?
  • Chances for success?
  • What will it cost?
  • Raising finance
  • overnment and loan grants
  • Know yourself
  • How do you want to trade?
  • Sole trader
  • Partnership
  • Limited company
  • Advantages of a limited company
  • Creating a business plan
  • The business description

Finally, in units 20 and 21, the author stresses the importance of recruiting and managing staff effectively.

  • Recruiting people you know
  • The recruitment process
  • The vacancy
  • Attracting applicants
  • Selection
  • References
  • The contract
  • Roles of pay
  • Benefits
  • Training and development

Who is this course for?

This course is for anyone who has an interest in becoming a successful property developer.

Requirements

There are no formal rquirements for this course.

Questions and answers


No questions or answers found containing ''.


Samantha asked:

How are you accessed via questions/answers or assignments of each unit, please?

Answer:

Each course unit has an assignment which consist of a number of knowledge based question, so you are assessed through a series of short essay style answers to these tasks.

This was helpful. Thank you for your feedback.

Connor asked:

Although it says it’s a 12 month course, can the course be completed as you go on or will it be a full 12 month duration?

Answer:

Thank you for your query. Students have access to support for 12 months or as much of that as is needed. You can complete over any timescale convenient to your availability to study and many students complete in just a few months.

This was helpful. Thank you for your feedback.

Sam asked:

Can this course be relevant in Ghana and Africa anglophone countries?

Answer:

Thanks for your question. The principles of property development are explained but the course uses examples of UK housing market and architecture and so may not be very appropriate in other situations.

This was helpful. Thank you for your feedback.

Darren asked:

I am interested in this course, but as i live in scotland is this for me as unit 16/17 describes the differnces of buying in scotland?

Answer:

Thank you for your query. As the course is accredited by an English awarding organisation, the syllabus and assessments are constructed around English law and custom & practice. Consequently, I regret that variations which apply in Scotland are not covered.

This was helpful. Thank you for your feedback.

Trevor Bita asked:

To whom it may concern, How will this course be taught? Is there an online portal? and is there any other information about the course?

Answer:

The course is taught through written notes, distance learning style and with a nominated tutor for queries, questions and support. Students choose between printed study notes sent by courier, or access to the course notes through an online portal. Information about the course is available on the Reed Online site but if you have any specific questions about content etc I would be please to answer them.

This was helpful. Thank you for your feedback.

lucia asked:

what is the format of the course? are there presentations and the student has to listen to these or the student has to download a unit and read it?

Answer:

The course can be studied either online or through paper based materials. Online you can acess PDF files which provide the course information in a series of study units whilst in paper format course notes are presented printed in an A4 ring binder. There are no presentations or audio requirements.

This was helpful. Thank you for your feedback.

laura h asked:

can I do this course if I know nothing about property a complete learner

Answer:

Yes - the course is intended for people who are new to property development, and assumes no prior knowledge. Regards,

This was helpful. Thank you for your feedback.

Trevor Bita asked:

What certification and accreditation does completion of this course provide for candidates?

Answer:

Successful candiates are awarded a level 3 certrificate in property development which is a certificate of achievemnt issued by ABC Awards, a recognised UK Awarding Organisation.

This was helpful. Thank you for your feedback.

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What does study method mean?

Study method describes the format in which the course will be delivered. At reed.co.uk courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

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CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on reed.co.uk, many of which can be completed online.

What is a ‘regulated qualification’?

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

What is an ‘endorsed’ course?

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body’s logo if they wish. Certain awarding bodies - such as ABC Awards and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.

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