Understanding developers - who they are and how they make development happen
- Date(s)
- 22 September 2010
- Time
- 09:00 - 16:30
- Venue
- , London
- Price
- 569 excl. VAT
- Concessions
Please enquire Students/Licentiates rates
- Organiser
- RTPI Conferences
- Description
Britain’s planning system largely depends on private development companies to implement its forward plans. A better understanding of the process will help planners to negotiate successful outcomes.
Key issues covered in this masterclass:
+ Schemes different developers want
+ Where you find the sales and costs data
+ The principles of a development appraisal
+ Getting the figures to add up
+ Development financeThese masterclasses are designed for:
+ Development control staff – is that developer truthful?
+ Forward planners – will our allocation ever be built?
+ Consultants – what are the financial red lines for the client?
+ Planning solicitors – why won’t they agree the wording?
+ Implementation – what s106 contributions are possible?Key benefits
This masterclass will provide you with:
+ An overview of development firms and development finance
+ Practical experience of working up a development appraisal from inception to land valuation
+ A better understanding of the risks which face developers, and the levels of profit they seek
+ Realisation that some Planning Gain can be achieved on most sites- Speakers & Topics
The trainer
Tristram Reynolds is a chartered planner and a chartered surveyor who has worked in the development industry for over 20 years following initial posts with local authorities. His experience includes property sales, property management, scheme design and land buying. He is presently Director of Estates at the National Society for Epilepsy, and has lectured at various RTPI seminars and the TCPSS Summer School.
Programme
9.00 Registration and coffee
9.30 MORNING SESSION
Lecture
Jargon
+The different types of developer
+Types of development finance and loan security
+Joint ventures, overage and claw-back
+Other commonly used terms
ExerciseSales
+Assessing sales value from market evidence11.15 Coffee
Lecture and exercise
Costs
+Building and infrastructure costs
ExerciseDesign
+Designing your own scheme to create land value within your assessment of the planning context1.00 Lunch
2.00 AFTERNOON SESSION
Lecture and workshop
Valuations
+Comparable, investment, residual, hope and ransom valuations
+Residual valuation of your new scheme
Lecture and exercises106
+Overview of taxes on development
+Assessing what Planning Gain is possible3.00 Tea
Lectures
Land
+Types of land deal
+The economics of strategic developments
WorkshopTimings
+The timing of each stage of a simple development
WorkshopRegeneration
Enabling development to achieve estate renewal
(NOTE - this final session depends on class wishes within the available time)4.00 Questions and close

