Our attention to detail comes into its own as we weigh the risks, monitor spend and provide impartial advice to banks, ensuring financial stability throughout the project lifecycle.

Initial Due Diligence Report

• Assess the developer’s development budget to establish profitability

• Appraise the developer’s team roles and their fees

• Appraise the developer’s cost plan

• Appraise the contract sum

• Comment on the contract documents and contract conditions

• Review the collateral warranties

• Comment on the planning conditions

• Analyse the contractor’s programme

• Review the tender report

• Comment on the contract insurances, HomeBond cover, etc.

• Review the loan conditions and structure

Monitor Progress on Site

• Appraise the developer’s cost reports

• Appraise the value of interim payment certificates versus work completed on site

• Comment on the value of variations and projected final account

• Planning condition compliance

• Appraise value of work remaining to be done

• Highlight any potential risks to the bank