Capita Symonds’ Development Monitoring
team supports the funders, investors and end users of a development
to negotiate this environment and review the risks that could
impact upon the security of their investment.
On any development the funder or investor is
exposed to many risks. Timings, budget and cash flow control,
environmental and market factors all contribute to the overall
risk.
We assess all costs, programme, statutory and
commercial risks, summarising our findings in the form of an
initial audit report, which the funder then uses to finalise the
debt or equity structure before releasing funds to the
borrower.
During the construction phase we then monitor
the developer’s compliance with the terms of the loan facility and
contract requirements and proactively keep the funder informed. We
also inform them of any changes to the risk profile throughout the
build period.
We feel that building strong relationships
with our funder clients is of paramount importance, so we
actively maintain strong communication channels with them
through the whole development process.