Financial Appraisals
Rigorous investment appraisals to support smarter public sector decisions

Make Confident Investment Decisions With Independent Financial Appraisals

Every significant decision a Local Authority makes carries financial risk.  Whether you are acquiring investment property, commissioning a new housing development, establishing a trading company or allocating capital across a regeneration programme, a robust financial appraisal is essential to ensure that costs are justified, risks are understood and the decision is defensible.

Haverly Consulting has extensive experience delivering investment appraisals to local authorities of all sizes. We combine deep knowledge of public sector finance with practical expertise in housing, regeneration and commercial activity to give you a thorough, independent assessment you can rely on.

What We Appraise

• Investment property acquisitions — commercial, residential and mixed-use

• Large-scale housing development programmes — new build, regeneration and estate renewal

• Housing company business models — viability of wholly-owned council housing companies

• Private Finance and partnership models — assessing risk transfer and value for money

• Temporary accommodation strategies — cost comparison of options and long-term financial modelling

• Viability assessments for developer schemes — review of Section 106 and affordable housing contributions

• Business cases — Outline and Full Business Cases for capital programmes

Our Approach

We work closely with your finance, housing and legal teams to understand the specific objectives and constraints of each appraisal. Our outputs are clear, well-structured and designed to support both internal decision-making and external scrutiny — including by overview and scrutiny committees, external auditors and government funders.

Where we are reviewing viability assessments submitted by private developers, our goal is to ensure that the affordable housing element of a scheme is maximised and that the council is not accepting less than it is entitled to.

Frequently Asked Questions

Q: At what stage of a project should we commission a financial appraisal?

Ideally as early as possible — before significant resources are committed. An early appraisal can identify whether a project is viable in principle and what the key risk factors are. We can also provide appraisals at later stages, for example to review assumptions before a final decision or to provide independent challenge to an existing business case.

Q: Can you challenge a developer viability assessment?

Yes. We regularly review viability assessments submitted by private developers in connection with planning applications. Our role is to scrutinise the assumptions, identify where inputs may be optimistic or conservative, and provide the council with an independent view of what affordable housing contribution is achievable.

Q: Do your appraisals meet Green Book requirements?

Yes. Our investment appraisals for capital projects are prepared in line with HM Treasury Green Book guidance, including options appraisal, benefit valuation and sensitivity analysis where required.

Ready to talk?

Contact us today to arrange a free 30-minute consultation with one of our housing finance specialists.