In our role as project monitoring surveyors for Homes England we have recently assisted them in funding the delivery of a small housing estate in Maidstone, Kent.
Our London building consultancy team, led by Andrew Mazin, was instructed to carry out an initial review of Sapphire Park, an exclusive collection of two, three, four & five bedroom homes in Sutton Valance, Maidstone.
Our review included a focus on the projects delivery and financial feasibility and moving forward we are going to be carrying out monthly inspections to monitor progress of the development, reporting back to Homes England.
Andrew Mazin commented, “ This is just one of a number of projects where the Building Consultancy team are providing project monitoring services to financial organisations including banks and in so doing supporting developers in building out their schemes. We have been able to work throughout the lockdown restrictions, complying with safe working practices, to enable construction sites to continue to operate providing much need employment for contractors.“
The development is being delivered by Aile Homes, a developer of unique homes in exclusive locations throughout the southeast of England. Ailes Homes are being supported by The Home Building Fund, a Homes England initiative to provide SME developers with a flexible source of funding.
One of Homes England’s key objectives is to create a more resilient and competitive market by supporting smaller builders by providing the funding they need to develop new homes and The Home Building Fund is one of the ways to meet this objective.
Read more on the Homes England website here.