Our Fund Monitoring service provides independent, professional advice at an up front stage and throughout the construction phase of a development. We act on behalf of funders to highlight and assist with the management of the key development risks and to ensure that an appropriate exit strategy is retained.
Our proactive approach ensures that any key development issues are communicated to our clients at an early stage.
We recognise the importance of speed of delivery and pride ourselves on being able to issue our reports within short timescales to meet the needs of our clients.
We provide clear, concise reports tailored to the requirements of our clients. All of our reports prepared in accordance with RICS guidelines for Project Monitoring.
We provide up front appraisal reports to assess the key development risks. Our reports focus upon the following aspects:
- Development costs
- Construction programme
- Design information
- Statutory approvals
- Investigative reports
- Procurement and the Build Contract
- Professional consultants
INTERIM MONITORING REPORTS
We monitor the construction phase of developments and provide regular reports which include:
- Analysis of construction cost expenditure
- Recommendations for drawdowns from the loan facility
- Programme and progress updates
- Statutory compliance updates
- Review of any design and quality issues
- Update on any contractual issues
We provide Fund Monitoring services on behalf of development finance providers including banks, bridging finance providers, peer to peer lenders and private investors.