The role of the independent monitoring surveyor (IMS) is an established professional service and recognised as an essential part of the wider project team supporting the successful delivery of any development.
The IMS’s primary obligation relates to the independent technical due diligence of a project, assessing the initial risks and thereafter monitoring the progress of the project, assessing arising risk and approving debt drawdown from a technical perspective in accordance with the agreed lending terms.
At CD Mountney we seek to positively influence a development project to ensure that the lender’s interest and exposure is properly considered, providing ongoing commentary, opinion and confirming sufficient funds for the project.
We act on behalf of a wide range of lenders assisting with the management of the key technical development risks, and minimising them wherever possible. We provide a proactive service that is not only beneficial to the lender in deciding whether to fund, but also to the borrower who may be using development finance for the first time.
The importance of speed of delivery is paramount, and we pride ourselves on being able to issue our reports within short timescales to meet the needs of the lender.
Our reports are tailored to the requirements of the lender and are prepared in accordance with RICS guidelines for Independent Monitoring Surveyor services.
To discuss your IMS services needs, contact C D Mountney Ltd on 01953 887923 or mail@cdmountney.co.uk.
Construction of 10 houses and two flats
New build development of a pair of contemporary barn style high-end properties
Development of six new build houses
Development of 14 bungalows
Barn conversion and extension
New build house with basement
Conversion and extension to create nine high-quality apartments
If you would like to discuss a project or our professional services, please get in touch. I would love to hear your plans.