Lender Monitoring
Lender monitoring, also known as bank monitoring, project monitoring and independent monitoring surveying, is a specialist service that focuses on development project risks in order to manage and protect the interests of a lender whilst driving a successful development. The role is typically undertaken by a chartered surveyor with an appropriate level of industry experience and a thorough understanding of the development process.
How can lender monitors support construction projects?
No development project is without its risks. The TFT Lender Monitoring team are experienced in anticipating, identifying and addressing potential problems and risks that could impact the development project and therefore your security.
TFT’s Lender Monitoring specialists help to overcome potential barriers to a successful development, with a particular focus on:
- Adequacy of cost and funding to complete
- Statutory compliance
- Quality
- Programming issues
Furthermore, our multi-faceted expertise means that we can draw upon our in-house M&E, sustainability, health & safety, and party wall and rights of light specialists to ensure all risks are positively mitigated before they impact project timeline and/or cost.
Our service, including our reporting methods and formats, are always tailored to suit yours and your customers’ specific needs in order to protect your loan whilst also being a positive influence on the development. We will closely monitor to ensure that the loan criteria and covenants are complied with.
What sectors can TFT lender monitors support?
- Office
- Retail
- Industrial
- Education
- Student Accommodation
- Residential
- PRS and BTR
- Healthcare
- Leisure
- Hotels
Our Clients say:
“They know what we want to achieve and this is very much appreciated. They want to engage. They are open and interacting and they care about what we care about.”
Debt Fund Client
Get in touch with one of our lender monitoring specialists today to get a feel for our leading consulting expertise or to simply have your construction questions answered!