Alderman Stone technical due diligence provides an independent appraisal of risk associated with the sale or purchase strategy for both standing investments and new developments. Our reports are independent and are tailored to meet individual requirements of the particular clients' property or project.

Feasibility Studies and Business Case Preparation

Undertake strategic reviews and evaluation of project options in response to the clients business requirements including formalising the business case for the project.

Cost Consultancy

Fair and reasonable? 

Cost Consultancy is the broad heading for services performed by surveyors who are concerned with the financial issues of construction projects. Its objectives can vary, depending upon the role being performed, but the key objective of best value is a constant theme. The role of the quantity surveyor has increased in scope, to take on the broader issues of management and project delivery and to play an active part in the construction process.

The Service:

• Feasibility cost advice
• Pre-contract cost control
• Procurement and partnering advice
• Tendering and contractual documentation
• Negotiation of building contracts
• Post-contract cost control including recommendations for payment
• Preparation of final accounts
• Value management and engineering
• Economic appraisal
• Financial appraisal and due diligence
• Risk assessments
• Fire insurance valuations
• Assistance in adjudication, arbitration and litigation
• Assistance in claims negotiations for/with loss adjusters.

If you would like further no obligation advice or assistance with any aspect, please contact us.
 
This information is not intended to be a comprehensive review of all legal or other aspects referred to. Readers should take further appropriate advice before applying the information contained in this media to specific issues or problems.

Providing funding for development or refurbishment projects, whether debt or equity, exposes the funder to risk on a number of fronts. Budget and cash flow control considerations, together with design, procurement, programme and other aspects, all contribute to the overall risk. Alderman Stones' project and development monitoring advice has proven to be an essential support to funders in managing this environment, where the selections of contractors and the expectations of prospective occupiers are key.

A Chartered Building Surveyor has the skill, knowledge, expertise and professionalism combined with management qualities to extract the maximum from each contributor, to ensure that the objectives of the right building within a set time limit, planned cost and to the right level of quality can be achieved.

We fully monitor and appraise all financial and technical aspects of proposed developments in order to protect clients' interests by endeavouring to meet the following principal objectives:

The Service

• Agreeing the brief.
• Appraising the proposed costs of the scheme.
• Understanding the client's financial commitment to the scheme.
• Understanding the development and funding agreement.
• Appraising the designs and specifications.
• Providing comment on the selection of the developer's consultants, contractors and sub-contractors.
• Advising on the proposed method of procurement.
• Ensuring all statutory requirements will be met.
• Monitoring programme and cost during the construction phase.
• Monitoring the quality of the works.
• Confirming to the client that practical completion has been achieved.
• Confirming to the client that making good defects has been achieved.

Why Alderman Stone?

Alderman Stone has over 10 years experience in project and development monitoring and is also independent of investment advisors and agents.

Our clients are mainly independent asset managers, financial institutions and large property companies. We are able to tailor the scope of service required, which is led by a chartered building surveyor, coordinating the involvement of other professional disciplines where necessary.

With and excellent understanding of funders', developers' and occupiers' requirements, Alderman Stone is a leading firm in construction due-diligence. Our knowledge has allowed us to take an independent and proactive stance in construction projects.

If you would like further no obligation advice or assistance with any aspect, please contact us.
 
This information is not intended to be a comprehensive review of all legal or other aspects referred to. Readers should take further appropriate advice before applying the information contained in this media to specific issues or problems.

The demands of modern investment markets call for property that is considered a liquid asset class. Buyers are therefore obliged to satisfy themselves as to the condition of a property before committing to the transaction. Alderman Stone has been providing acquisition advice in the residential and commercial property sector for more than 10 years, during which time, it has successfully delivered many thousands of reports on a multitude of building types.

The Service

• Clarifying the extent of the service required
• Reviewing all relevant technical and legal documentation
• Inspecting the property
• Co-ordinating the involvement of specialist sub-consultant concerning services installations, deleterious materials testing and land contamination
• Liaising with other members of the acquisition team such as solicitors, agents, accountants and investment advisers
• Preparing a report to the client's preferred format or our own format
• Dealing with queries raised by the acquisition team, including more forensic re-inspection of the property, if required
• Attending review meetings

Why Alderman Stone?

Alderman Stone is an independent firm that has, for more than 10 years, specialised in the production of reports associated with property acquisition. It has developed a reputation in the market place for pragmatic, balanced advice. We offer services for single properties or large portfolios, anywhere in the UK.

Our clients range from commercial companies acquiring space for their own occupation, financial institutions and large property companies acquiring property for investment purposes, independent asset managers and developers. We are able to tailor extensively the precise scope of our reports, to suit the circumstances of our involvement and co-ordinate the involvement of many other professional disciplines, if necessary.

Environmental Due Diligence

Environmental due diligence has become an essential tool in assessing the environmental risks and liabilities associated with property development and the due diligence transaction process. This dedicated service, required as part of the vendor, acquisition, divestiture and redevelopment process, provides commercially aware reports, in line with current environmental legislation, tailored specifically to the needs of our clients.

Environmental due diligence includes:

• Phase I - Real Estate and Industrial Environmental Audit
• Phase II - Environmental Audit & Soil and Groundwater Investigations
• Phase III - Remediation Design and Management Services
• Hazardous Building Materials
• Geothermal Technology

Green Due Diligence

Over recent years, sustainability issues have become increasingly important. The pending changes in legislation regarding energy saving/CO2 reduction will be a driving market factor in the property market as it is expected that the requirement for energy passes will have increasing influence on property decision-making. With energy costs described as being the 'second rent', sustainable buildings will have a competitive edge and will increase in value whereas standard buildings will only be bought and let at reduced prices.
 
To meet the changing needs of clients and ever-changing legislation, Alderman Stone has established a new field of 'green due diligence' expertise to emphasize the importance of sustainability issues within the property industry. As green legislation is a moving target, an experienced view on current and future issues is essential for the successful completion of a project.

Green due diligence includes the following:

• Energy passes
• Green building consultancy
• Compliance - BREEAM & LEED

If you would like further no obligation advice or assistance with any aspect, please contact us
 
This information is not intended to be a comprehensive review of all legal or other aspects referred to. Readers should take further appropriate advice before applying the information contained in this media to specific issues or problems.

The doctrine of 'Caveat Emptor' (Buyer Beware) has reigned supreme for centuries. It has disadvantages. Abortive cost and time delay arise as every prospective purchaser has to commission their own survey of a property. Whereas survey reports prepared on behalf of the Vendor, on which the Purchaser may legally rely, can reduce transaction times and scope for negotiation. The preparation of Vendor's Building Inspections, in readiness for sale, is a role with which Alderman Stone is very familiar. 

The Service

• Clarifying the precise extent of the service required
• Reviewing all relevant technical and legal documentation
• Inspecting the property internally and externally
• Co-ordinating the involvement of specialist sub-consultants in regard to services
   installations, deleterious materials testing and land contamination
• Liaising with other members of the disposal team such as solicitors, agents, accountants and investment advisers
• Preparing a report to the client's preferred format or our own format
• Dealing with queries raised by prospective purchasers, including more forensic re-inspection of the property, if so instructed
• Drafting, agreeing and executing Warranties and Duty of Care documents in favour of the eventual purchasers

Why Alderman Stone?

Alderman Stone has specialised in this service area for more than 10 years. Alderman Stone is independent of investment advisers and agents, and, therefore, Purchasers' interests are not open to compromise by 'undue influence'. Our location of offices enable us to deal with single properties or large portfolios, anywhere in the UK.

Our clients are mainly independent asset managers, financial institutions and property companies. We are able to tailor extensively the precise scope of our reports, coordinating the involvement of other professional disciplines, if necessary.

We pride ourselves on our unbiased, pragmatic style of reporting, and a responsive and proactive approach.

If you would like further no obligation advice or assistance with any aspect, please contact us.
 
This information is not intended to be a comprehensive review of all legal or other aspects referred to. Readers should take further appropriate advice before applying the information contained in this media to specific issues or problems.