About Us

HBM Consultants is a Limited Liability Partnership specialising in construction monitoring. The company was created to provide a more efficient solution to project monitoring, benefitting both funders and borrowers. We are based in London, with the capability to monitor projects throughout the south of England and further afield if required. The HBM team has over 40 years’ experience and our team has monitored projects from £100k to over £1bn.

Why Choose HBM

  • Minimal overheads enable us to provide a quality service at a lower cost than our competitors, reducing the pressure on your margins.
  • Clear and concise information in a timely manner.
  • Our innovative one page report format provides an instant overview of the project risk profile, with additional mitigation advice where necessary.
  • We have a proactive approach therefore are willing to work with developers to ensure each project is in the best position to be taken forward for credit approval.
  • An experienced and dedicated team.

    • Simple Information Gathering

  • Simplified information request tracker setting out all the information requirements in one place.
  • Tracker readily available to borrowers to start information flow immediately after HBM appointment.
  • Tracker feeds into reporting style previously agreed with funder.
  • Information gaps immediately clear and extent of risks and need to close or mitigate these matters can be decided upon quickly.
  • Tracker acts as useful risk management tool for borrowers / developers.

    • Experience Counts

  • Key Team members RICS qualified and have a wealth of development knowledge and experience.
  • The members of our team have been employed through many common and troublesome areas of project development including, insolvency, funding crisis, Health and Safety matters, force majeure and many other events set to delay and disrupt progress and require a specialist knowledge of both funders and developers perception and appetite for risk.
  • We can quickly identify material and non-material risks on projects of all sizes, being delivered through any number of procurement and funding routes.
    • HBM Consultants Construction Rebuilds
    HBM Consultants Residential Construction
    HBM Consultants Office Refurbishment
    HBM Consultants Construction Conversion
    HBM Consultants Residential Builds

    Our Services


    HBM Consultants Construction Reporting

     

    HBM is typically appointed by funders following outline credit approval or prior to Full Credit Approval.
    HBM employs a rigorous process to review project risks and identify and report on technical risks.
    We are engaged from pre-credit through the construction phase.
    We provide advice and support to both borrowers and funders to best mitigate risks and ensure the project remains fundable.

    Our Approach

    Our approach offers:

  • Clear and concise reporting format, using unique Dashboard Report.
  • RAG risk profiling with mitigation advice.
  • Raises questions, provides opinions and gives recommendations.
  • Verbal reporting giving early warning of any significant impact on cost, programme or quality as soon as it becomes evident.
  • Streamlined management of information – pertinent, relevant & timely.

    • Pre-Credit Reporting

  • Design & Procurement - Completeness and coordination of the design, suitability of the procurement method and chosen contract.
  • Development Appraisal - Review of the construction cost breakdown, allowances for professional fees and other costs.
  • Parties & Consultants - Experience of the developer and professional team.
  • Insurances - Insurance of the works, professional indemnity insurances for the design team.
  • Guarantees & Funder Recourse - Build warranties, defects liability insurance, collateral warranties, bonds.
  • Statutory Requirements - Planning, Building Control, CDM (2015), Party Wall and other third party agreements.
  • Surveys - Suitability of surveys and review of information provided.

    • Construction Phase

  • Progress of the Works – actual progress relative to program, matters affecting time for completion, responsibility for resolution and delay associated risks.
  • Changes to Development Budget - Variations to the contract, changes to the specification.
  • Drawdown Approval - Review of Borrower’s drawdown request.
  • Forecast Cost to Complete - Review of works remaining, cashflow profile, utilisation of contingency, early warnings.
  • Programme & Progress - Progress against planned schedule, utilisation of float, predicted completion date.
  • Other Matters - Site safety, quality of the works, Building Control sign-off, defects liability insurance site inspections, party wall matters, discharge of planning conditions, renewal of insurances, statutory service connections.

    • Unique One Page Format

  • Feedback led reporting structure offers a simple one page summary report covering all key areas.
  • Report summary is supplemented with additional information where necessary.
  • Information requests, borrower dialogue and report preparation process all kept separate to ensure lenders have only summary information to review.
  • Report format ideal for busy lending departments with high volume transactions and limited time to prepare technical inputs for credit process.


    • Latest Projects

    The following provides a snapshot covering some of the projects we have recently monitored.


    Professionally Qualified

    The HBM team are professionally qualified with leading professional organisations.

    HBM Consultants RICS Qualified
    HBM Consultants CIOB Qualified
    HBM Consultants Institution of Mechanical Engineers

    Contact Us

    For more information on how we can help, please contact us.



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    Contact

    Nick Herbert MRICS MSc.

    Call Us

    +44(0)7894 760010

    Email Address

    info@hbmconsultants.com

    Office Location

    57A Altwood Road, Maidenhead. SL6 4PN