Independent eyes on your investment.
Independent project monitoring on behalf of funders, purchasers, and lenders, tracking construction progress, quality, and cost to protect financial exposure throughout the development lifecycle.
What our Project Monitoring service delivers.
Acting independently on behalf of funders, purchasers, and lenders, our project monitoring service tracks construction progress, quality, and cost against programme, providing regular certified reports to protect your financial exposure throughout the development lifecycle.
Independent Verification
Our surveyors act independently of the developer and contractor, providing objective reports that protect your financial position.
Financial Exposure Protection
We assess draw-down requests against certified progress, ensuring funds are only released against verified construction milestones.
Early Risk Identification
Programme delays, cost overruns, and quality issues are identified early, giving you the information needed to manage exposure.
Project Monitoring in Practice
Developments under monitoring. Drag to explore
Planned Preventative Maintenance
location_onMayfair, W1
Project Management External Refurbishment
location_onOxford Street, W1
External Refurbishment Project
location_onHotel, Bristol
Development Advice
location_onHeathrow
Development Advice
location_onHeathrow
Pre-Acquisition Building Survey
location_onLondon, W1
Technical Due Diligence
location_onShoreditch, London
Pre-Acquisition Building Survey
location_onMayfair, W1
Building Survey
location_onFinchley, N3
Building Survey
location_onRegent Street, W1
Maintenance Advice
location_onRegent Street, W1
Building Survey
location_onWigmore Street, W1
Independent RICS project monitoring for funders, purchasers and lenders on developments across London and the UK. This service is typically instructed by Development Finance Lenders, Institutional Funders, Pension Funds, Forward Purchasers, Investment Managers, and Development Banks.
The trusted choice for commercial property clients.
RICS Regulated
Every surveyor is RICS-chartered and subject to mandatory CPD and professional standards.
Fully Insured
All instructions are covered by comprehensive professional indemnity insurance for your protection.
Independent Advice
No conflicts of interest. Our advice is always in your interests as our client.
24-Hour Response
We respond to every enquiry within 24 hours and deliver on the timescales we agree.
Ready to discuss your Project Monitoring requirements?
Phone
020 3178 8099Address
17 Hanover Square, London W1S 1BN
RICS regulation means professional indemnity insurance, a formal complaints procedure, and surveys to RICS-mandated standards.
Related services
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RICS contract administrators managing quality, cost and programme on building projects in London and the UK.
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Project Management
RICS project managers delivering commercial refurbishments, fit-outs and new developments across London and the UK.
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RICS pre-acquisition due diligence surveys for commercial property purchases and lease acquisitions across London and the UK.
Learn morearrow_forwardFrequently Asked Questions
Common questions from London property owners, investors and occupiers about our RICS Project Monitoring service, answered by Botley Byrne's chartered surveyors.
What is project monitoring?
Project monitoring is independent oversight of a construction project on behalf of a party who is funding or acquiring it but not building it, such as a lender, investor, or forward purchaser. The monitor reviews the scheme’s cost, programme, quality, and legal and technical risks, and reports at each drawdown to protect that party’s financial exposure. Botley Byrne provide RICS project monitoring across London and the UK.
Who needs project monitoring?
Development funders, banks and lenders, forward purchasers, and forward funders typically require monitoring to protect their money throughout a development. It gives independent assurance that the project is being delivered on budget, on programme, and to the agreed specification before each release of funds.
How much does project monitoring cost in London and the UK?
Fees reflect the value, duration, and complexity of the development and the frequency of reporting. Monitoring is a small proportion of the facility and protects the far larger sum being advanced. Contact us for a tailored quotation; we respond within 24 hours.
What is the difference between project monitoring and project management?
A project manager delivers the project for the developer, making decisions and driving the works. A project monitor is independent of delivery and acts for the funder or purchaser, reviewing and reporting on risk rather than running the job. The two roles are deliberately kept separate.
What does a project monitor report on?
Typically the development appraisal and costs, the professional team and contractor, the building contract and warranties, planning and statutory consents, programme, drawdown requests against progress on site, and any technical or legal risks to completion, set out in an initial appraisal report and regular progress reports.
Are your project monitors RICS-regulated?
Yes. Our project monitoring is carried out by RICS-chartered surveyors within a RICS-regulated firm, backed by professional indemnity insurance, the independent standard funders and lenders across the UK require.