Course Information

This half-day course is designed to introduce delegates to the techniques and concepts for modelling shared ownership and rent to homebuy in the SDS ProVal Private Finance module.

Delegates will be able to understand how to assess affordability, deal with sales in the long-term cashflow and correctly set up allowances.

Pre-requisites

This course will use the Private Finance module. Those attending this course should have a good understanding of development and of the appraisal process, and have had prior experience of using SDS ProVal.

Course Objectives

By the end of the course delegates will be able to:

• Create a shared ownership appraisal
• Create a rent to homebuy appraisal
• Understand how to convert between tenures
• Understand the key outputs

Agenda:

• Introduction
• Basic appraisal methodology for LCHO and rent to homebuy
• Setting rents and allowances for different periods.
• Dealing with the first tranche sale in the long-term cashflow
• Staircasing after the first tranche
• Affordability calculations
• Understanding the viability results
• Questions and feedback