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Property Development QLS Level 3

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.

Course Duration

Up to 1 year.

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.

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Study Options

 
£429.00
or £12.92 /month*
Course code: SH011

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Course overview

  • 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.

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 content

  • 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 your 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

Extra Information

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

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.

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.

Approximately 90 hours.

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, non-regulated provisions 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.

The Quality License Scheme’s endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.

FAQs

You do not need any previous knowledge to enrol onto this course.

  • 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

No. Everything you need is included in the price!

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 Learner Services Team can provide you with a new set of materials for a one-time additional fee.

That's not a problem. We want to make sure you're 100% confident about enrolling on the course and starting your study. So, just give our team of education specialists a call on 03300 563 100 and they'll do their best to help.

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