De Villiers were requested by a client to provide a valuation on a development site in North West London.

The site had permission for 5 residential units/2 commercial units and De Villiers provided the lender with an opinion of current value, gross development value and an opinion on the proposed development costs to ensure they were realistic.

De Villiers undertook periodical inspections to provide the lender with continual updates and to allow the developer to draw down funds over the construction period.

If you would like further information of our involvement on this case, or any other similar scenarios, please contact us