Key Info / Past Mistakes Flashcards

1
Q

Who is the UK Prime Minister?

A
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2
Q

Who is the Mayor of London?

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3
Q

What is the current base rate?

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4
Q

What is the current inflation rate?

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5
Q

What is typical yields for retail?

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6
Q

What are typical yields for residential?

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7
Q

What are typical yields for offices?

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8
Q

What is a typical £ per sq ft for retail?

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9
Q

What is a typical £ per sq ft for residential?

A
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10
Q

What is a typical £ per sq ft for office?

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11
Q

What are typical build costs?

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12
Q

What is emerging legislation you should be aware of?

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13
Q

What are emerging professional standards you should be aware of?

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14
Q

Are there any RICS updates you are aware of?

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15
Q

What is Rule 1?

A

Honesty and Integrity

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16
Q

When have you acted in accordance with Rule 1?

A

Honesty - I am open and honest with clients regarding their fees and services
Integrity - I do not accepts gifts or payments

17
Q

What is Rule 2?

A

Competency and Necessary Expertise

18
Q

When have you acted in accordance with Rule 2?

A

Only undertake work I have the knowledge, skills and resources to do

19
Q

What is Rule 3?

A

Good-quality and diligent service

20
Q

When have you acted in accordance with Rule 3?

A

Understand client’s objectives

21
Q

What is Rule 4?

A

Respect and Diversity and Inclusion

22
Q

When have you acted in accordance with Rule 4?

A

Do not discriminate
Do not bully
Check supply chain does not involve modern slavery

23
Q

What is Rule 5?

A

Act in public interest and take responsibility to maintain confidence in profession

24
Q

When have you acted in accordance with Rule 5?

A

Question practise that doesn’t feel right

25
Q

What was in the recent update from RICS CEO Justin Young?

A
  • Recruiting surveyors is a cause for concern.
  • Skills shortage is a barrier to project delivery, housing crisis, and everyday operations of firms.
  • Collab with Minecraft to pique interest of 10 year olds.
  • Built Environment GCSE