AN INTRODUCTION TO PROPERTY
for Property Secretaries, PAs, Administrators and all those new to the field

Chair
Professor Sarah Sayce, Head of School of Surveying, Kingston University
Joint Author, Building Sustainability in the Balance; Joint Author, Property and Construction Economics

Speakers
Derek Bruce BSc DipArb FRICS IRRV FCIArb, Senior Lecturer, School of Surveying, Kingston University and Practising Chartered Surveyor
Nigel Dubben, Senior Lecturer, School of Surveying, Kingston University
Author, Property Partnerships
Louise Ellison BSc MPhil MRICS, Senior Lecturer, School of Surveying, Kingston University
Author, Corporate Property Management: Aligning Real Estate with Business Strategy
Nick French, Senior Acacia Lecturer and Jonathan Edwards Consulting Fellow in Corporate Real Estate,
Department of Real Estate & Planning, The School of Business, The University of Reading
Penny Schofield, Solicitor, Residential Letting and Property Management Consultant

 

Matters to be covered include:
• The property life-cycle
• Who does what in the property world: Investors, Surveyors, Agents, Valuers, Pension Funds, Insurance Companies, Public and Private Property Companies, Developers, Dealers, Architects, Quantity Surveyors, Solicitors, Building Surveyors, Structural and Service Engineers
• What the words mean; a thorough grounding in the actual meaning of the words encountered; day in and day out
• Magic words and phrases - what they are and what they do, for example,
- “subject to contract”
- “without prejudice”
• Valuation: What is value? How value is calculated
• What is worth? What is price?
• How the investment market works; who is involved; what do they do; how do they do it?
• How property financing works; short-term and long-term finance. Why do some borrowers get into difficulty; what happens when they do?
• Comparables; what they are; when and how they are used
• Legal Ownership
• The differences between a lease and a licence
• Major commercial lease terms
• The ways in which leases are changing
• The future of the new lease code and upward only rent reviews
• What happens at a rent review and at the end of the lease
• What to do when a tenant defaults; enforcing the payment of rent; ensuring compliance with the terms of the lease
• Fees: who charges what, when and why
• Insurance - insurance valuations and cover
• How developments are done - how a development is put together, who does what
• How planning works; Brownfield, Greenfield, PPGs, PPSs, Decisions and Appeals
• Marketing a property
• The Agency function
• Buying and selling a property; property particulars
• The residential mortgage market
• The Property Misdescriptions Act 1991 - Penalties for getting it wrong
• Home Information Packs and Home Inspectors
• Residential letting law: Regulated tenancies: Assured tenancies: Assured shorthold tenancies
• The New Housing Act 2004 - the effect on Residential Lettings
- The Tenancy Deposit Scheme
- Houses in Multiple Occupation
- Implications for Landlords and Letting Agents
• PFI and PPP - what are they?
• Responsibilities for maintenance and management of properties, repairs, defects and dilapidations
• Service Charges
• Corporate Real Estate: what is Corporate Real Estate? Why it is important and what can it do for a business?
• From Land Management and Estate Terriers to CRE and Facilities Management
• The value of property in 21st century business
• Property’s role as an operational business asset
• Property characterstics that support the business function
- Legal
- Physical
- Functional
• Measuring the performance of property as an operational business asset
• How to learn more - what to read