Behavioural evidence for Launch Pad’s credit, legal and investment-bank partners.
Illustrative onlyHonest with buyers. Check how deposits are used before you lend.
This is a made-up example. The developer, projects and answers are fictional. It shows what Launch Pad’s partners would receive for one developer in the pilot. The developer version of the assessment hasn’t been tested yet and isn’t part of the agreed Launch Pad scope.
She tells buyers early when things slip and lets sales data settle design decisions. The open questions are about buyer deposits moving between phases, a joint venture with no exit terms, and how she pays contractors.
Tells buyers early about delays and hands over finished units first.
Looks solidWon’t spend on land without confirmed title, but signed a JV with no exit terms.
Check thisWould use buyer deposits for Phase 2 without telling buyers or lenders.
Check thisSlowed building and re-marketed when buyers pulled out in 2024.
Looks solidChecks partner advice against sales and enquiry data.
Looks solidPartly admitted paying a contractor late.
Check thisWhen an estate ran late, she told buyers early and handed over finished units first, instead of making everyone wait.
One estate was handed over 5 months late.
How are buyer handover dates set, and how are buyers told when they change?
She won’t spend money on a site until the land title is confirmed.
In 2023 she entered a joint venture with no written terms for leaving it.
Do any current sites depend on joint-venture agreements with no exit terms?
In a scenario, she chose to use buyer deposits to start Phase 2 and repay them from later sales.
She didn’t mention telling buyers or lenders.
How have buyer deposits been used in past phases, and where are the Phase 1 deposits now?
She warns buyers about delays early, both in the scenario and in what she has actually done on past estates.
She tests advice on which units to build against sales and enquiry data, rather than following whoever is most senior.
When buyers pulled out in 2024, she slowed construction, re-marketed the units and set a 12-week review.
Nothing serious.
No extra questions needed.
She checks partner advice against sales and enquiry data before changing a design.
Nothing serious.
No extra questions needed.
She asks engineers to confirm things in writing.
Her first account of a contractor dispute blamed the contractor. Later she partly admitted paying late.
Are there any open disputes or claims with contractors or landowners?
She was willing to move Phase 1 deposits into Phase 2 without telling buyers or lenders.
Bank statements for Phase 1 deposits, and what buyer contracts say about how deposits can be used.
Credit partner
A 2023 joint venture had no written terms for leaving it.
Copies of current JV agreements and the title status of each site.
Legal partner
She partly admitted paying a contractor late.
The contractor payment schedule against valuations, and one contractor reference with permission.
Investment-bank partner
It summarises what the developer told us. It doesn’t predict whether she’ll repay, deliver on time or succeed. “How sure” applies to these observations only. Partners verify her delivery record and land title separately. Use it alongside your usual credit, legal and financial checks. There’s no overall score or recommendation.