Professional Development Courses

Mastering Lease Extension Valuations

Course Mastering Lease Extension Valuations image

Course Details

The Mastering Lease Extension Valuations course is a comprehensive online training programme designed to provide valuers with the knowledge and skills necessary to carry out lease extension valuations for standard lease extensions of leases above and below 80 years. The course covers all aspects of lease extension valuations and is led by Alison Stone, an experienced surveyor.

Requirements

This course is designed for new and experienced valuers looking to improve their understanding of lease extension valuations. To get the most out of the course, attendees should have a basic knowledge of property valuation and be comfortable working with spreadsheets and basic maths.

Target Audience

The course is ideal for residential surveyors, valuers, and other professionals who need to understand lease extension valuations. It is particularly useful for those who are involved in the negotiation and settlement of lease extensions, as well as those who need to provide advice to clients on lease extensions.

Course Curriculum

Scheduled: Tuesday 22 Nov 2022 10:00 to 11:00

The Introduction to Lease Extension Valuations session provides a comprehensive overview of the key concepts and principles in lease extension valuations. Participants will learn about the relevant laws, regulations, and procedures involved in lease extension valuations and gain a practical understanding of how to apply these principles in their work. The session is delivered by experienced instructors who provide expert guidance and support throughout the learning process.

Scheduled: Tuesday 29 Nov 2022 10:00 to 11:00

Gain a comprehensive understanding of the legal framework surrounding lease extensions, including the relevant legislation and case law. We will explore the various rights and obligations of landlords and leaseholders, as well as the procedures involved in lease extension negotiations and statutory lease extension claims. By the end of this session, you will have a solid understanding of the legal framework for lease extensions and be able to navigate the process with confidence.

Scheduled: Tuesday 06 Dec 2022 10:00 to 11:00

You will examine the different factors that influence ground rents, such as, escalation clauses. Additionally, you will explore how to determine the appropriate capitalisation rate to apply to the ground rent, taking into account profitability, risk, and future projections. Finally, you will also examine the deferment rate and how it is determined.. By the end of this session, you will have a firm understanding of these valuation principles that underpin lease extension calculations.

Scheduled: Tuesday 13 Dec 2022 10:00 to 11:00

In the session, you will dive deeper into the world of lease extension valuations. You will learn how to perform detailed calculations on ground rents and capitalisation rates, which are critical components in determining the value of a lease extension. Through practical exercises, you will develop a thorough understanding of how to calculate these rates and how they impact the overall valuation. This session will provide you with the skills and knowledge necessary to confidently approach standard lease extension valuation scenarios.

Scheduled: Tuesday 20 Dec 2022 10:00 to 11:00

In the context of lease extension valuations, the concept of marriage value and relativity can be complex and challenging to understand. In this session, you will gain a thorough understanding of what marriage value and relativity are, how they are calculated, and their significance in the valuation process. You will learn how to identify and assess the factors that affect marriage value and relativity, as well as explore case studies to illustrate these concepts. By the end of the session, you will have a clear understanding of the importance of marriage value and relativity in the lease extension valuation process and the impact they have on the final valuation.

Scheduled: Tuesday 27 Dec 2022 10:00 to 11:00

In this session, participants will build upon their knowledge of lease extension valuations by reviewing and practicing more example calculations. The session will provide a comprehensive review of previous topics, ensuring participants have a solid understanding of key concepts before moving on to the next session. By the end of this session, participants will have gained further confidence and proficiency in their ability to perform lease extension valuations.

Scheduled: Tuesday 03 Jan 2023 10:00 to 11:00

In the session, participants will gain an understanding of the legal framework surrounding lease extension valuations, specifically in relation to Section 42, Section 48, and Section 60 of the Leasehold Reform, Housing and Urban Development Act 1993. The session will cover the rights and obligations of both the leaseholder and freeholder in the lease extension process, as well as the costs associated with each stage of the legal process. Participants will also learn about the various disputes that can arise during lease extension negotiations and the procedures for resolving them. By the end of this session, participants will have an understanding of the legal process and the necessary steps to take when dealing with leasehold reform legislation.

Scheduled: Tuesday 10 Jan 2023 10:00 to 11:00

In this session, we'll take a deep dive into the valuations, building on the foundational knowledge gained in earlier sessions, we'll explore more calculations and case studies that illustrate how to apply the knowledge learnt to real-world calculations. By the end of this session, you'll have a comprehensive understanding of how to navigate the valuation aspects of lease extension valuations and be equipped to confidently apply this knowledge in your professional practice.

Scheduled: Tuesday 17 Jan 2023 10:00 to 11:00

Developing the necessary negotiation and communication skills required to successfully complete lease extension transactions, including practical exercises and role-playing scenarios.

Scheduled: Tuesday 24 Jan 2023 10:00 to 11:00

In this session, we'll take a deep dive into the legal framework for lease extension valuations, specifically focusing on the key aspects of S43, S48, and S60 costs, rights, and obligations. Building on the foundational knowledge gained in earlier sessions, we'll explore advanced calculations and case studies that illustrate how to apply this legal framework to real-world scenarios. By the end of this session, you'll have a comprehensive understanding of how to navigate the legal aspects of lease extension valuations and be equipped to confidently apply this knowledge in your professional practice.

Scheduled: Tuesday 31 Jan 2023 10:00 to 11:00

The session is designed to provide students with an opportunity to apply the concepts and techniques learned throughout the course in a real-world scenario. This session will cover a comprehensive case study that is based on a real-life lease extension valuation project. Students will work through the case study in a step-by-step manner, applying the knowledge they have gained throughout the course to determine the appropriate valuation and negotiate the terms of the lease extension. The case study will also include the legal framework and relevant legislation that applies to the specific case. This session will help students to understand the complexities of lease extension valuation in practice, and develop their skills in applying the concepts and techniques to real-world scenarios.

Scheduled: Tuesday 07 Feb 2023 10:00 to 11:00

The final session of the Mastering Lease Extension Valuations course is designed to provide participants with an opportunity to reflect on what they have learned throughout the program. During this comprehensive review and Q&A session, participants will have the chance to ask any remaining questions they may have about the course content and seek clarification on any topics that they found particularly challenging. The session will be interactive, and participants are encouraged to share their thoughts and insights with each other. The instructor will also provide a final review of the course material, highlighting key takeaways and reinforcing important concepts. By the end of this session, participants should feel confident in their understanding of lease extension valuations and equipped to apply their new knowledge in their professional work.

Instructor

Alison Stone large image

Alison Stone

Chartered Surveyor, specialised in valuations, lease extensions, freehold enfranchisement, negotiations & tribunals.

Alison is a highly experienced surveyor with over 17 years of experience in residential valuations and lease extensions. She has a deep understanding of the legal, financial and practical aspects of the industry and is passionate about sharing her expertise with others. Alison is dedicated to helping her students achieve their goals through personalised instruction and ongoing support.

Course graphic 1000
£570.00
  • Level Beginner - Experienced
  • Duration 12 Hours
  • Sessions 12 Classes
  • Places 20 Students
  • Location Online
  • Language English
  • Start Date Tuesday 22 Nov 2022
  • End Date Tuesday 07 Feb 2023
Show Interested

Category

  • Show All
  • Professional Development Courses

    This category includes courses designed for professionals who want to enhance their skills and knowledge in specific areas of their industry. Our courses are led by experienced instructors and provide practical training and guidance to help you achieve your career goals.

  • Personalised Training

    Our personalised training services offer tailored one-to-one tuition to help you achieve your learning objectives. Our experienced instructor will work with you to identify your strengths and areas for development, creating a personalised training plan to help you achieve your goals.