Property Development Level 3
[ UPCP01 ]
Relocation Relocation, Grand Designs, A Place in the Sun, Location, Location Location: just some of the highly successful property development programmes gracing our TV screens at the moment. Why? Because Property Development is fascinating, and whats more, could make you very rich indeed!
Course Length - 12 Months
Award Received - Level 3 Certificate of Achievement by ABC
Course Code: UPCP01
This Property Development distance learning course by UK Distance Learning & Publishing has been designed to provide the student with a clear and concise understanding of the nature of property development, what is involved, and how to undertake a successful project.
This course in intended for individuals who are new to property development, those who are interested and want to find out what is involved in property development, and for professionals in the trade who simply want to go over the basics. This course allows you to study at your own pace, and is designed to develop an interest and understanding of property development, both on a business and personal level.
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
How can you benefit from property development?
Who can develop properties?
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
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
Restrictions and covenants
Selling a property
Types of surveys
The legal process
Gazumping and gazundering
Knowing your rights
What to look out for
Top tips for buyers and sellers
What if there's a problem?
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
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.
Raising funds from family and friends
Insurance on mortgages
Loans and overdrafts
Government and Council schemes
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.
Size of family
Law and the government
Reasons for building a home
How to design house 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
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.
Do you need planning permission?
Learn how to make an application
The planning process
Buy to let
Building a buy to let portfolio
Do I need permission to rent my property?
Where to advertise?
Tax implications of renting out property
Who should pay the Council Tax?
Do I have to take an inventory of the property?
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
Information you need to gather
Renovation a bathroom
Renovating a basement
Windows and lighting
Building a home office
Building a garage
Quotes to secure
Gas and electrical
Buying at auction is a popular method of buying property at good value; this is covered in unit 12.
Do your research
Set a limit for yourself
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
Using a Property Investment Company
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
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
Finding the right tenant(s)
Tenancy deposit protection
Your responsibilities as a landlord
Landlord management fees
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
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
Making an offer
Buying Property in Ireland
Buying without a lawyer
Financing your property abroad
Capital gain potential
Estate Agents abroad
Safety and security
Local laws and customs
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?
overnment and loan grants
How do you want to trade?
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
Roles of pay
Training and development
At the end of this course successful learners will receive a Certificate of Achievement from ABC Awards and a Learner Unit Summary (which lists the details of all the units the learner has completed as part of the course).
The course has been endorsed under the ABC Awards' Quality Licence Scheme. This means that UK Distance Learning & Publishing has undergone an external quality check to ensure that the organisation and the courses it offers, meet certain quality criteria. The completion of this course alone does not lead to an Ofqual regulated qualification but may be used as evidence of knowledge and skills towards regulated qualifications in the future. The unit summary can be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this sector. To this end the learning outcomes of the course have been benchmarked at Level 4 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.
The course itself has been designed by UK Distance Learning & Publishing to meet specific learners' and/or employers' requirements which cannot be satisfied through current regulated qualifications. ABC Awards' 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.
ABC Awards is a leading national Awarding Organisation, regulated by Ofqual, and the Welsh Government. It has a long-established reputation for developing and awarding high quality vocational qualifications across a wide range of industries. As a registered charity, ABC Awards combines 180 years of expertise but also implements a responsive, flexible and innovative approach to the needs of our customers.
Renowned for excellent customer service, and quality standards, ABC Awards also offers Ofqual regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.
 Regulators for exams and assessments in England and Wales
METHODS OF STUDY
Paper Based Version
The course comes to you as a paper-based pack delivered by courier.
You will be given guidance through the Study Guide on the nuts and bolts of studying and submitting assignments.
Postal assignments cannot be accepted without prior permission from the tutor.
Our online A-Level courses are fully digitised versions of the paper-courses, so you can study on any PC or smart device when connected to the internet.
As with the paper course, your online learning programme is completely flexible, so you can study at a pace that suits you.
All of our online course content is broken down into bite size chunks to make your learning more manageable and effective.
METHOD OF ASSESSMENT
The course contains a number of assignments which your tutor will mark and give you valuable feedback on. We call these Tutor Marked Assignments (TMAs). You need only send the TMAs to your tutor for comment, not the self-assessment exercises which are also part of the course to help you gauge your progress.
COURSE LENGTH INFORMATION
This course can be taken over a 12 month period but you can complete it as fast or as slowly as you wish.
You will have access to a tutor via email who will mark your work, guide you through the course and assist you with any problems you may have. In addition you will be supplied with a comprehensive Study Guide which will help you through the study and assessment process.