Property Development QLS Level 3

Course Code

SH011

Property development is an exciting and enjoyable way to earn a living, but without the know-how and ability to plan, it can be financially risky.

Be introduced to the legal and economic aspects of property development, so that you can fully understand the financial risks and responsibilities of developing properties.
Understand planning methods, building regulations, project management and renovation, which will give you an idea of how to oversee more complex projects.
Study the crucial stage of purchasing property, including buying at auction and buying abroad.
Improve your understanding of the principles of starting and running a property development business.

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All course materials will be delivered to you by post, so it couldn’t be easier. Our experienced and friendly tutors will help you every step of the way by email.

You will have up to a year to complete your course, so you can work at your own pace. Completed coursework can be delivered by post or via email, so handing in an assignment is simple.

Course Duration

Up to 1 year

Study Hours

Approximately 90 hours

Course Outcome

You will receive a Certificate of Achievement from the Quality License Scheme and a Learner Unit Summary

Entry Requirements

There are no specific entry requirements for this course.

Assessment

Tutor-marked assignments

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

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 your property portfolio
Stay focused and be strong

Before you start
National market vs. 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?

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

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

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

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

What are building regulations?
Why comply with building regulations?
What building work should 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
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?

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

Who is going to manage your project?
Managing a project yourself
Appointing a project manager
The management brief
Questions you should ask yourself

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

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

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

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

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

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

Where to start?
Chances for success?
What will it cost?
Raising finance
Government 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

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

Assessment

The Property Development course is assessed by written assignments, which are submitted to your tutor for marking. No external examination is required.

Course duration

You may start at any time and have a full year to complete your studies. We suggest that the course will take around 90 hours to complete, so you will have more than enough time to complete your course.

Study method

The course is designed for distance learning at home or at work. Students will receive all course materials by delivery, plus full tutor support by email.

Course outcomes

At the end of this course successful learners will receive a Certificate of Achievement from the Quality License Scheme and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

Awarding body

This course has been endorsed by the Quality License Scheme for its high-quality. The Quality Licence Scheme, endorses high-quality, non-regulated provision and training programmes. This course and/or training programme has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course and/or training programme is not regulated by Ofqual and is not an accredited qualification. Your training provider will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

Comprehensive study guide
Dedicated personal tutor support
Dedicated learner services
Assignment marking and feedback
Open Study College pen and highlighter
Student notebook
FREE XO Student Discounts membership
FREE CV critique service
FREE employability guide to help you impress future employers

It's not a problem. We offer a course replacement service, so if you get into trouble and your course pack is lost or damaged, our Student Support Team can provide you with a new set of materials for a one-time additional fee.