Gross Development Valuations
Lending institutions regularly consult and request we carry out on their behalf Gross Development Valuations on green field sites and Brown Field sites for secured lending or bridging finance deals. We have a significant experience of both, we handle planning applications and have good contamination knowledge to be able to carry out competent and detailed valuation appraisals.
These are specialised assessments of alternative uses for existing Greenfield or Brownfield site opportunities.
Basically, the Rentals / InvestmentValues / Sales Values of the project are balanced against the specialised costs of the works, to completion of the designed project. This methodology considers all those issues which affects the building of those assets, the infrastructure and community payments that me be required, as part of the planning permission.
Those types of valuations can be provided at either an early stage, as part of a proposed purchase stage or at the funding stage for financial lenders. We frequently advice developers and financial bodies who provided development or bridging finance.
Whether it is a two-plot job or a major development we have the expertise and experience to help developers, Investors or regulated lenders under RICS Valuation Requirements.