A lender funding several residential schemes across different sites needs independent oversight of progress, cost and risk before releasing funds on each one. Axo is appointed as monitoring surveyor across the portfolio, reporting directly to the funder throughout each build. We review each contractor's programme and cost reports against site progress at every drawdown, checking that spend matches physical completion before recommending release. Where variances appear between reported progress and what is actually on site, we flag them early and work with the relevant borrower's team to resolve the discrepancy before it affects the next stage. Our reporting gives the funder a clear, independent view of risk at every milestone, across every site. That visibility allows drawdowns to proceed on schedule while keeping the lender's exposure aligned with genuine progress on the ground, rather than relying on the borrower's own figures.