Development Appraisals
Our team has a wealth of experience and expertise within the residential and commercial development land market in Scotland.
Shepherd not only advises landowners, developers, banks, administrators, and financial investors on residential land development, but we also act for a number of Registered Providers on affordable housing.
Our recent appointments include acting as an expert witness for a number of high-profile cases, including The Law Society and several insurance companies in professional negligence claims.
Feasibility
Residual value
Funding support
When you might need this
RICS Red Book valuation
Loan security valuations
Residential & Commercial Development Appraisals
Expert witness
Project evaluation
Understanding client/funders objectives and providing recommendations on the best strategy and exit route for distressed residential land
Advising clients on product, specification, marketing and legal issues
Managing contractual issues, including building contracts, consultant appointments and warranties
What we assess
Value & Sales
Gross development value and sales assumptions
Costs & Allowances
Build costs, abnormals, fees and contingencies
Risk
Programme delivery and risk
Finance & Sensitivity
Finance assumptions and sensitivity testing
Exit
Exit strategy considerations
What you receive: Clear outputs, built for decision making
How it works
Brief
Share site details and objectives
Scope
We confirm scope, assumptions and required inputs
Appraisal Analysis
Appraisal modelling and sensitivity testing
Recommendations
Findings meeting and next-step recommendations
FAQs
Yes - we can align scope with lender requirements where needed.
This can be provided where appropriate and within scope.
We have experience advising Registered Providers and affordability-led instructions.
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