The Introduction to Property Development - Level 3 Course acts as a unique introductory guide for anyone with an interest in this subject or with ambitions to set up in the property development business.

This course allows you to study at your own pace, and is designed to provide the student with a clear and concise understanding of the nature of property development. It will cover what is involved in development and and how to undertake a successful project. The course will also show how you can develop an interest and understanding of property development for both a personal or business interest.

The course will take you step-by-step through the thought and learning processes involved in getting on the property development ladder. In a highly structured and clear manner, you will gain a wealth of information and learn important skills needed to prosper in this challenging business.

On successful completion of this course students will receive an accredited Level 3 Certificate of Achievement.

The course consists of the following 21 Units:

  • Unit One - Introduction

This Unit contains the following topics: 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.

  • Unit Two - The Credit Crunch

This Unit contains the following topics: 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; and Stay focused and be strong.

  • Unit Three - Property Research

This Unit contains the following topics: 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.

  • Unit Four - Property & the Law

This Unit contains the following topics: 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; and Property and Legal Glossary.

  • Unit Five - Types of Property

This Unit contains the following topics: Where to buy; How to find a bargain; Making an offer; Types of property; Listed buildings; When is a building worthy of listing?; and Principles of selection.

  • Unit Six - Finances

This Unit contains the following topics: 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; and Property cost checklist.

  • Unit Seven - Plans & Drawings

This Unit contains the following topics: Locations; Lifestyle; Size of family; Environment; Law and the government; Reasons for building a home; How to design house plans; and Sample plans.

  • Unit Eight - Building Regulations

This Unit contains the following topics: 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?; and What happens if you disagree with a local authorities enforcement notice?

  • Unit Nine - Planning

This Unit contains the following topics: 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; and Saleability.

  • Unit Ten - Project Management

This Unit contains the following topics: Who is going to manage your project?; Managing a project yourself; Appointing a Project Manager; The Management Brief; and Questions you should ask yourself.

  • Unit Eleven - Renovation of Properties

This Unit contains the following topics: 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; and Decoration.

  • Unit Twelve - Buying a Property at Auction

This Unit contains the following topics: Do your research; Auction regulations; Reconnaissance trip; Unsold lots; Set a limit for yourself; Be dispassionate; Persistence; and Checklist.

  • Unit Thirteen - Buying Off Plan Properties

This Unit contains the following topics: 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; 12 month plus build programme; Buying into an existing development; Back-to-Back and Assignable Contracts; and Assignable contracts.

  • Unit Fourteen - Buy to Let

This Unit contains the following topics: 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; and Landlord Taxes.

  • Unit Fifteen - Marketing your Property

This Unit contains the following topics: Putting together a marketing strategy; Tips on a sales strategy; Advertising on the internet; 'For Sale' Boards; Wording your property adverts; Photographs; Estate Agents; and Multi agency.

  • Unit Sixteen & Seventeen - Buying Property in Scotland and Abroad

These Units contain the following topics: 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; and Natural disasters.

  • Unit Eighteen & Nineteen - How to Start & Run a Business

These Units contain the following topics: 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 and The business description.

  • Unit Twenty & Twenty One - Recruiting & Managing Staff Effectively

These Units contain the following topics: Recruiting people you know; The recruitment process; The vacancy; Attracting applicants; Selection; References; The contract; Roles of pay; Benefits; and Training and development.

Please Note: All of the units included in this course are included as Unit 1 of the Advanced Property Development Course.

Prerequisites:

There are no particular entry requirements. However, with this being a Level 3 course, a reasonable level of literacy to GCSE A-C would be desirable.

Course Duration & Support:

Students may register at any time and have a full year to complete their studies. You also have access to a personal tutor by mail or email for a 12 month period. As the home study courses are self study you can complete in as little or as long a time as you prefer.

Assessment:

You will be assessed on coursework which is detailed in the course materials. These Tutor Marked Assignments (TMAs) consists of short paragraph answers to set questions. Your work can be sent back to your course tutor by email in a word processed format. The course will also contain self-assessment exercises which are designed to gauge your own progress.

Certification:

ABC AwardsOn successful completion of this course students will receive a Property Development Certificate of Achievement by ABC Awards and a Learner Unit Summary (which lists the details of all the units you have completed as part of your course).

ABC Awards is a leading national Awarding Organisation, regulated by Ofqual, and the Welsh Government[1]. It has a long-established reputation for developing and awarding high quality vocational qualifications across a wide range of industries. As a registered charity, Founded in 1998, ABC Awards combines their expertise with a responsive, flexible and innovative approach to the needs of their customers.

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 3 against level descriptors published by Ofqual, to indicate the depth of study and level of difficulty involved in successful completion by the learner.

Information on level descriptors can be found on the Ofqual Qualification & Credit Framework level descriptors page.

The course has been endorsed under the ABC Awards’ Quality Licence Scheme. ABC Awards’ endorsement involves a robust and rigorous quality audit by external inspectors to ensure quality is consistently met. A regular review of courses is carried out as part of the endorsement process. This means that the course developers (Kendal Publishing) have undergone an external quality check to ensure that the organisation and the courses it offers, meet certain quality criteria.

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