Work has begun on a new Growth Hub at the RAU, which will provide dedicated business support to start-up companies within Gloucestershire.
Real Estate students visit new-build home development Newland Homes
BSc (Hons) Real Estate students from the Royal Agricultural University (RAU) gained an insight into residential housebuilding at Newland Homes' Broad Blunsdon Heights development near Swindon last week (28 September 2017), as part of their induction week activities.
Forty two students visited the 57-home residential development site and learned how new-build housing developments are built, including identifying and purchasing land, building homes, and finally sales and marketing.
Course manager, Peter Smith said: “The visit presented a great opportunity for the students to see first-hand the various stages of a housing development, from identification of a potential site to the selling of completed dwellings. We regularly take students out of the classroom to visit buildings and land, and to introduce them to professional practitioners land, as part of their academic and professional development. It’s a good opportunity to illustrate technical information covered in lectures. In their first year, students on the Professional Practice module are required to keep a portfolio of their learning to enhance their CV, and visits such as these are invaluable.”
During the visit, the students learned about:
- how properties with residential development potential are valued
- the role of town and country planning
- the negotiations procedure with landowners
- potential legal issues on development sites in general
- the building process at various stages
- how dwellings are constructed
Finally, the students visited a show home and were introduced to the complexities of property marketing and what purchasers in the market want; all essential pre-requisites for successful sales.
This visit was facilitated by Andrew Billings, Land Director at Newland Homes and former RAU student; Gail Remnant, Sales and Marketing Manager; Steve Harper, Director Construction; and Simon Richardson, Associate Director Land.
Students were met on-site by alumnus Jessica Nevin, who graduated from BSc (Hons) Real Estate in 2017. Jessica has recently been employed by Newland Homes in their Graduate Entry Scheme.
The BSc (Hons) Real Estate course is accredited by the Royal Institution of Chartered Surveyors (RICS). Typically, our graduates enter employment with firms of surveyors and undertake their two-year Assessment of Professional Competence (APC) to qualify as a Chartered Surveyor.