Glossary definition
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. Building regulations approval is separate from planning permission and is required for most construction and conversion projects.
Definition
The statutory standards that all building work in England and Wales must comply with, covering structural integrity, fire safety, energy efficiency, drainage, and accessibility. Building regulations approval is separate from planning permission and is required for most construction and conversion projects. Lenders require evidence of building regulations compliance before releasing the final drawdown and at practical completion.
See also
Closely related terms.
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.
Planning Permission
Formal consent from the local planning authority required before carrying out most types of development, including new construction, material changes of use, and significant alterations to existing buildings.
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
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 readReadGuide
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 readRead
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