PROGRESS REPORTS

PROGRESS
REPORTS

= Independent validationReal-time oversight48-hour turnaround

With Progress Reports from Validate, development and refurbishment lenders gain clear, independent insight into how a project is progressing before releasing staged funds.

Designed in direct response to lender demand and taking over what the industry has previously described as ‘Asset Management’ services, Progress Reports provide comfort to lenders of refurbishments and smaller developments—projects that may not warrant a costly traditional Project Monitoring report.

Progress Reports provide the experience and resource to verify that works are on track, budgets are being followed, and funds are being used exactly as intended.

This service will bring customers cost savings, the benefit of a guaranteed fee scale up to £1m of works and quick turnarounds.

Validate’s latest service, created specifically for lenders who are funding smaller development and refurbishment projects.

We act as your single point of contact, coordinating site visits and progress checks through our internal team, supporting lenders in staged funding releases.

Our Progress service assesses:

Build progress against programme
Works completed versus works funded
Cost control and remaining budget
Risks to project completion

Our reports cover:

A clear update on project progress, including any delays and revised completion dates
Assurance that all key inspections are complete, with any required actions highlighted
A financial snapshot showing completed work value, remaining costs, and loan sufficiency
Details of any approved changes
Practical recommendations to keep your project on track

All findings are clearly reported back to you with recommendations —so you can make informed, timely funding decisions.

Why Progress Reports matter

We give lenders reassurance that:

Borrowers are delivering what they committed to

Funds are being spent appropriately

There is sufficient capital remaining to complete the project

Progress Reports ensure these checks happen quickly, consistently, and independently, without lenders needing to source additional third-party providers.

Key Benefits for Lenders

Speed & Efficiency

Inspection reports are returned within 48 hours, fully aligned to funding milestones. This approach avoids unnecessary valuer site visits—saving both time and cost—while keeping valuers free to focus on higher‑value projects.

Independent Reassurance

On site progress verification from a team with extensive experience in the building industry.

Cost-Effective

Competitive pricing without compromising quality; a great way to avoid employing a full-time asset manager.

Reduced Risk

Early identification of delays, overspend, or scope changes.

Single Point of Contact

Validate manages the full process end-to-end.

Validate: Now an even more inclusive proposition for lenders

By incorporating Progress Reports into our existing offering, Validate enables lenders to manage desktop valuations, valuation auditing, and progress monitoring for refurbishment and light‑development projects. This enhanced capability adds a valuable layer of risk mitigation, providing lenders with an integrated service that supports more informed and secure lending decisions.

That means:

Fewer suppliers
Faster turnaround times
Lower overall cost
Clear accountability

From initial valuation to final drawdown, everything sits under one roof.

Built on Lender Demand

This service has been developed directly in response to requests from lenders who identified a need for clearer, more efficient development monitoring without introducing additional providers into the funding process.

Rather than pointing lenders elsewhere, Validate Property now delivers this essential service as part of a joined-up lending support solution.