The Procedure: Appraisals

Development Services Agreement

After we have satisfied ourselves that the project is viable we will present your development proposals to the CALA Board and the Bank...

• How It Works
• Lending Criteria
• Loan Range and Project Size
• Appraisals
• Development Services Agreement
• Security
• Project Monitoring
• Valuation
• Where We Will Fund

You can expect us to work with you on a detailed analysis of the proposed development. Together we'll assess its strengths and weaknesses, looking carefully at the location of the proposed site, the proposed mix of units and the prices you have suggested. Where we think improvements could be made, we'll give you the benefit of that knowledge.

To ensure a prompt reply to your enquiry the following information enables us to provide a fast response:

• Location maps
• Plan defining extent of site in red
• Proposed site layout
• Proposed house types
• Planning Conditions
• Sales agent's report of recommended selling prices
• Development appraisal
• Cost analysis/ breakdown
• Construction programme
• External/internal specifications
• Cash flow projections
• Confirmation of existing services

All information will be treated in a strictly confidential manner.