Accurate cost planning at the early stages is crucial; it can mean the difference between a profitable project and an expensive mistake. Our feasibility study provides developers, homeowners, and contractors with a reliable, data-driven budget before design progresses or money is committed, ensuring that a quantity surveyor's expertise is utilized effectively.
Homeowners exploring extensions, lofts, basements, or new builds may benefit from a comprehensive feasibility study to understand their options. Developers assessing ROI and build viability often turn to a quantity surveyor for expert cost planning. Architects needing cost certainty for client presentations can rely on detailed assessments to ensure accurate budgeting. Freeholders and landlords managing refurbishments, extensions, or multi-unit building upgrades can also utilize these insights to enhance project outcomes.
High-level feasibility study estimates based on RIBA Stage 1-2 information, including detailed cost planning with elemental cost plans using current UK market rates. We conduct benchmarking against comparable projects and incorporate risk, contingency, and inflation allowances. Our quantity surveyor performs option appraisals for different design and procurement routes, along with value-engineering suggestions that do not compromise quality.
How accurate are feasibility estimates?
Feasibility estimates typically fall within a realistic budgeting range, which is refined as the design progresses and more information becomes available through effective cost planning.
Do you need full drawings?
Not necessarily—sketches, outline layouts, or planning drawings are sufficient. However, the more detailed information we have, the more accurate our reporting will be, enhancing the feasibility study.
How fast can this be delivered?
Most feasibility cost plans are delivered within 14 days.
What's next after I have established my budget?
We can assist you with procurement. This involves compiling tender documents, contract documents, and pricing schedules that we use to select the best value contractor. Our rigorous procurement process, led by an experienced quantity surveyor, ensures that the most suitable contractor is chosen while identifying risks, opportunities, and potential variations at the earliest stage, providing you with the highest level of cost certainty.
Our cost planning utilizes verified UK cost data, live material trends, and a structured methodology that lenders, insurers, and professional teams trust, ensuring a comprehensive feasibility study supported by insights from a qualified quantity surveyor.