Introduction to Property

DAY 1 Tuesday, 22nd October 2024

09:20 – 09:30
Chair’s Welcome and Opening Remarks

Hear from the Chair, Derek Bruce, Academic and Chartered Surveyor at London, City University who will introduce key themes and learning points for the day.

09:30 – 10:20 
Session 1: The Property Wheel

• The Property Wheel and the Circular Economy
• Property in the economy
• Property as a wealth and use asset
• How property is classified in English Law
• The ownership, occupation and investment in real estate
• The range of property assets
• How property markets work and evolve
• Money into Property
• The impact of professional bodies in construction and property
• Current challenges: finance, affordability

Presenter:
Derek Bruce, Academic and Chartered Surveyor, City St George's, University of London

10:20 – 11:00 
Session 2: English Land Law

• How English Land Law developed
• The range of titles and other minor interests in land
• An analysis of legal estates: Freehold, Leasehold and Commonhold
• Rights over land: Covenants, Easements and Mortgages
• Land Registration: what is recorded and available on the public register
• Leases: long leaseholds and occupational leases/tenancies
• Licences
• Green Leases and Memoranda of Understanding
• Current challenges: run-down rented property, covenants and green leases

Presenters:
Joe Edwards, Senior Associate, Charles Russell Speechlys LLP
David Gregory, Associate, Charles Russell Speechlys LLP

11:00 – 11:15 Break

11:15 – 12:00 
Session 3: Designing and Building Property Assets

• Property types through the ages
• Identifying key property attributes and construction terms
• Modern specifications across a range of asset classes  
• Spotting common building defects
• Managing building delivery: RIBA 2020 Plan of Work
• The Building Regulations, Fire Safety Act 2021 and Building Safety Act 2022
• Delivering real estate assets: common building contracts
• The professional team and their terms of employment
• Statutory Adjudication – how to manage building disputes
• Striving for decent homes
• Current challenges: cladding on high rise buildings, asbestos

Presenter:
Danielle Brooke, Director, Brooke and Associates Limited

12:10 – 12:55
Session 4: Valuing Property Assets and Liabilities

• Money into Property – equity and debt explained
• Regulation of the Valuation Profession
• International and RICS Valuation Standards
• Tools of valuation: the purposes, bases of value and methods of valuation
• Appraising property both as an asset and a liability
• Appraising property both as an owner occupier commodity and an investment opportunity
• Exploration of the methods of valuation – where and when are they are used
• The need for evidence to value
• Demonstrating valuation approaches in action
• Current challenges: the moving agenda towards the Discounted Cash Flow technique

Presenter:
Derek Bruce, Academic and Chartered Surveyor, City St George's, University of London

12:55 – 13:00 Question Time

A chance to ask questions from this morning’s session.

DAY 2 Wednesday, 23rd October 2024

09:20 – 09:30
Chair’s Welcome and Opening Remarks

Hear from the Chair, Derek Bruce, Academic and Chartered Surveyor at London, City University who will introduce key themes and learning points for the day.

09:30 – 10:20
Session 5: Spatial Planning and Development Management

• What controls development – the statutory arena and Public Sector Policy
• The Plan-led System – national, regional, local and neighbourhood plans
• How the Local Plan may evolve and is adopted
• Key policies of the Local Plan
• Protecting the countryside and heritage assets
• What ‘development’ is
• When and where consent to develop is required
• Permitted Development and Use Classes
• The art of gaining planning permission
• Planning conditions and obligations
• Handling breaches of planning
• Major current challenges – affordable homes, protecting at-risk ‘assets’

Presenter: 
Amy Paterson, Senior Associate Director, DLBP

10:25 – 11:05
Session 6: Property Agency

• The law and practice of Estate Agency
• The basis of agency – understanding the contract with your agent
• Property disposal methods: private treaty, tender and auction
• Undertaking market appraisals
• Selling development property
• Marketing campaigns and marketing particulars: key points and legal requirements
• Money Laundering: what happens if you breach the regulations
• Heads of Terms – for disposals and leases
• The conveyancing process – what happens when, and who does what
• Accounting for tax in property transactions
• Significant current challenges: green premium, unregistered titles, finance 1

Presenters: 
Anna Gammon, Surveyor, Gerald Eve (Newmark)
Jessica Nutt, Partner, Gerald Eve (Newmark)

11:05 – 11:20 Break

11:20 – 12:00
Session 7: Property, the Built & Natural Environment, and Sustainability

• Sustainability: why and what’s the problem and it’s not just environmental
• Climate change, the loss of biodiversity and human impacts
• Hard choices: eg Carbon Capture Tech or Trees, New build or Retrofit and Brownfield or Greenfield
• UN Sustainable Development Goals (USGs), Government Laws, Regulations and Policies, Economic, Social & Governance (ESG) Policies.,
• Insulation, Green Tech and  Grey and Green Infrastructure
• Assessing sustainability: Building Research Establishment Environmental Assessment Method (BREEAM), EPC ratings and Building for a Healthy Life assessments.
• The costs, value and marketability of sustainability and property and the built environment.
• Future buildings, towns and the countryside: smart cities, 15 minutes cities and working from home: green or groan?

Presenter: 
Paul Collins, Lecturer, Nottingham Trent University

12:00 – 12:40
Session 8: Asset and Property Management

• The big statutory arena: the major laws that apply
• The importance of lease terms and covenants
• Setting up and running property management activities
• Handling lease end events – renewals and regaining possession
• Handling lease end events – yielding up, reinstatement and dilapidations
• Handling lease events – alterations, parting with possession and breaches
• Handling lease events – rent reviews
• Understanding service charge regimes
• Tenant rights
• Asset management – how to drive value
• Regearing activities – how they can add value?
• Intelligent buildings and big data
• Current challenges: business tenancy consultation, maintaining and enhancing income

Presenter: 
Tessa Passey, Real Estate Manager, John Lewis Partnership

12:40 – 13:00 Question Time

A final chance to quiz the Course Director Derek Bruce, alongside other course contributors, and consolidate understandings on a variety of key topics from both morning sessions.