Our Development Risk Appraisal service provides both funders and developers with an up front assessment regarding the viability and the risks associated with a proposed development.
We are able to deliver our reports within short timescales, enabling our clients to make fast, informed decisions regarding an acquisition or investment.
We undertake an initial review to assess the viability of a property development in advance of the provision of development finance. We provide clear, concise reports which comment upon the following key aspects:
- Reason for the funding requirement
- Developer experience
- Condition of the existing property
- Location of the existing property
- Proposed scope of construction works
- Proposed construction costs
- Proposed programme of construction works
- Statutory requirements
- Construction risks
- Exit strategy
This service is tailored for smaller developments and enables funders to make prompt decisions regarding the provision of finance towards a property acquisition or development.
We act on behalf of developers to assess the viability of a proposed development including:
- Development cost appraisals
- Assessment of construction related risks
This service provides developers with additional comfort prior to acquiring a development site.
We act on behalf of a wide range of developers (residential, hotels, industrial, commercial, retail) and funders (development finance providers and bridging lenders).