Glossary definition
Building Control
The regulatory function responsible for ensuring that building work complies with the Building Regulations 2010, carried out either by the local authority building control service or an approved inspector. Building control officers inspect works at key stages including foundations, damp-proof course, drainage, and completion.
Definition
The regulatory function responsible for ensuring that building work complies with the Building Regulations 2010, carried out either by the local authority building control service or an approved inspector. Building control officers inspect works at key stages including foundations, damp-proof course, drainage, and completion. A building control completion certificate is required by lenders before they will release the final retention and confirm practical completion.
See also
Closely related terms.
Building Regulations
The statutory standards that all building work in England and Wales must comply with, covering structural integrity, fire safety, energy efficiency, drainage, and accessibility.
Practical Completion
The stage at which a building project is deemed complete and fit for its intended purpose, even though minor snagging items may remain.
Retention
A percentage of each construction drawdown held back by the lender as a safeguard against cost overruns or incomplete works, typically 5% to 10% of each drawdown amount.
Monitoring Surveyor
An independent surveyor appointed by the lender to inspect the development site at regular intervals and verify that construction work has been completed to the required standard before each drawdown is released.
Further reading
Guides that touch this term.
Guide
How Does Development Finance Work? A Complete Guide for UK Developers
A ground-up guide to how development finance is structured in the UK, covering loan mechanics, drawdown schedules, monitoring surveyors, and what lenders look for in your application.
5 min read readReadGuide
Legal Due Diligence in Development Finance: What Solicitors Check
Legal due diligence is the backbone of every development finance transaction. This guide explains what solicitors investigate, common issues that delay completions, and how to prepare your legal pack.
9 min read readRead
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