LENDINVEST is extending its teaching courses for property developers to four more cities this year, after its first offering was 10-times oversubscribed, the firm announced on Tuesday.
The online property finance lender, which is a member of the Peer-to-Peer Finance Association, will bring its two-day courses across the country after experiencing “overwhelming demand” for its London and South East courses.
Its regional series will start with Manchester in May, Edinburgh in June, Birmingham in September and end in Bristol in November.
The classes will be taught by local industry specialists and will be free to attend but based on a selection process – with London courses having already been filled up for the rest of the year.
“The response to our London and South East Academy courses has been incredible and prompted us to accelerate plans to rollout nationwide,” said LendInvest’s chief executive Christian Faes.
The firm said it launched its property academy in September to help train aspiring developers to build up a healthier housing market and now looks to make the courses relevant to the features of the country’s regional markets by employing local experts and case studies.
“There are no quick fixes to our national housing crisis, but by equipping more developers with sensible advice and tools to both get started on and complete their projects, we can empower the small-scale housebuilding sector to do more to deliver more homes onto UK streets” said Faes.
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“A key to the success so far has been the quality of the speakers the Academy attracts. They are experts not only in their field but in their local region too. It’s important to our attendees that they hear from people that understand the problems they might be facing that are typical of their specific area.
“While overcoming planning may be a significant challenge in one region, opening up greenbelt land may create the worst hold-ups in another.”
The programme was set up with academics from the University of Reading and is backed by the Home Builders Federation.
Selected candidates will be offered a series of modules designed to cover the lifetime of a development project – from evaluating sites and applying for planning, to appointing contractors and selling the end result.