Residential development under construction seen across a London site

Development management

Development management for investors and developers

One lead for your project, from site to sale

For investors who have the capital but not the time or construction knowledge to run a development themselves. We test whether the scheme pays, then appoint and lead the architect, consultants and contractor on your behalf, and control the money through to final account.

Discuss a site or a scheme See site appraisal

01
A development manager running the project so you do not have to
02
Architect, consultants and contractor appointed and led
03
Monthly cost control and reporting through to final account

Most investors have the money but not the time to run a building project, or the construction knowledge to judge the people running it.

The investor calls an architect, the architect brings in a contractor, and the contractor brings in its own quantity surveyor. Everyone on the team is working for someone, and the investor is left trying to judge their advice without the expertise to do it.

When costs rise or the programme slips, the investor finds out last and has no one on their side to challenge the figures. A development manager changes the order: you appoint us first, and we build and lead the team for you. We work with an established network of architects, planning consultants, engineers, contractors, development finance brokers and lenders, so the right team is in place from the first appraisal.

Site appraisal

We find development and conversion sites and test land value, build cost, sales value and risk before you commit.

Cost planning

An appraisal built by a quantity surveyor, with sensitivity tests showing what happens if costs rise or sales slow.

Planning and design

We assess the planning route and lead the architect, consultants and surveys, keeping the design inside the budget.

Funding preparation

We prepare the cost plan, programme and appraisal that lenders require, and all the evidence behind every drawdown.

Procurement

Tendering, contractor selection and a building contract set up to protect your budget from overruns and disputes.

Cost control

Monthly valuations, variations, cash flow, quality and programme on site, through to completion and final account.

Investor reporting

A clear monthly report on progress, money spent, money remaining, risks and the forecast outcome of the project.

Joint ventures

On selected schemes we act as joint venture partner, contributing expertise and management for a share of profit.

Reltic is independent. We bring a network of architects, consultants and contractors we have worked with, but every contractor is tendered against the market and we take no commission from anyone we introduce. You choose the team on the evidence.

We act for one party on each project: as development manager for the investor, as monitoring surveyor for the lender, or as quantity surveyor for the developer. Never two of those on the same scheme.

How an engagement runs

Why appoint you before an architect?

Because the first decisions on a site are commercial, not design. We confirm the scheme pays and set the brief and budget, then appoint the architect to design within it. That way the design you pay for is one you can afford to build.

I have the capital but not the time or experience. Is this for me?

Yes, that is exactly who it is for. You make the key decisions. We do the work in between: appointing and running the team, checking every figure and reporting to you each month in plain terms.

Can you help me find a site?

Yes. We source residential development and conversion opportunities and appraise them before you commit. We also appraise sites you have found yourself.

Do you arrange the funding?

We prepare the information development lenders require and work alongside your broker and lender through to drawdown. We do not lend money or give regulated financial or investment advice.