5c336fb116c698109009d6d9 cebe6e7379b9990882389977f781bd82a7cd42eb6333981da8b48b2baf6214ef web
Cheadle, Staffordshire

Project summary

  • Independent Monitoring Surveyor Services associated with a development comprising 36no. timber framed bungalows

Solution

  • Provision of Independent Monitoring Surveyor services in compliance with RICS Guidance Note
  • Site meetings with Lloyds Bank and the developer to appraise the proposals prior to the establishment of the loan facility, and preparation of an ‘Initial Report’ to identify, quantity and mitigate risks.
  • Periodic monitoring inspections during the construction stage to appraise progress against key performance indicators and provision of valuations of expenditure prior to developer drawdown against the loan facility

Benefits

  • Provision of independent advice to the Lender throughout the development.
  • Provision of technical advice
  • Mitigation and management of development risk
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