Successful monitoring of any development relies upon experienced surveyors with a good understanding of procurement, design and construction ...
To find out more about our fund monitoring services contact us on
0800 111 4493
Before banks agree to fund property developments, they must have a good understanding of the construction aspects of the project in order to weigh up the risks that might impact on their loans. When a development is underway it must be carefully monitored, with regular site visits made in order to pick up any key issues as they arise. We advise when costs can be drawn down against the loan facility, and on the adequacy of the remaining undrawn loan to cover the forecast cost to complete.
At Lewis and Lewis our Fund Monitoring team has extensive experience in this area of work. We liaise with banks, their lawyers and valuers at every stage of a development and every project is led by one of our senior staff. It is this close collaboration, and the direct involvement of Partners who have knowledge of the whole development process, which sets our Fund Monitoring service apart.