Welcome to Open Learning College – Change your career, Increase your salary, and Improve your life.
Course Overview                          Â
Embark on a transformative learning journey with the UK’s most innovative home study provider, offering courses designed to unlock your true potential and facilitate the career change you desire. Access our distance learning courses directly from anywhere, anytime, and acquire industry-recognised Professional Qualifications essential for advancing in your career.
Specifically, explore the flexible and convenient Property Development (Level 3) course, an ideal way to gain a diploma qualification. Whether you aim for further education, improved job prospects, or expanded knowledge, this comprehensive course allows you to prepare thoroughly for exams or careers through home study. Plus, it’s structured to be accessible and beneficial even if you have no prior knowledge in Property Development.
This Property Development distance learning course has been designed to provide 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, and 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.
 Course Key Topics
the Property Development (Level 3) course is divided into 21 modules.
Module 1: 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
Module 2: 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
Module 3: Methods of property research
- 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
Module 4: 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
Module 5: Different types of property
- 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
Module 6: 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
Module 7: 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
Module 8: what building regulations are and what they coverÂ
- 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?
Module 9: The planning process
- 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
Module 10: The different project management optionsÂ
- Who is going to manage your project?
- Managing a project yourself
- Appointing a Project Manager
- The Management Brief
- Questions you should ask yourself
Module 11: 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
Module 12: Buying at auction
- Do your research
- Auction regulations
- Reconnaissance trip
- Unsold lots
- Set a limit for yourself
- Be dispassionate
- Persistence
- Checklist
Module 13: 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
Module 14: The different ways buying to let 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
Module 15: Marketing your property efficiently
- 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
Module 16 & 17: The different rules and regulations for buying property in Scotland and abroad
- 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
Module 18 & 19: 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
Module 20 & 21: 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
(Please click on the curriculum tab above to see a detailed view of each module)