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💡 The real costs behind development finance Knowing the numbers upfront helps you avoid surprises on your project 👇 💰 Arrangement fees: Usually 1–2% of the loan. 📄 Valuation & legal fees: please ensure that you are able to cover both your solicitor and the lender’s costs. 📏 Monitoring surveyor fees: Charged at each stage drawdown by your Quantity Surveyor or Asset Manager. 🏦 Interest: Typically added to the loan balance. 🔄 Exit fees: Sometimes based on loan amount or GDV. 🛠️ Contingency
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How is Development charges Calculated? Everything a Buyer Should Know 👇 Development charges (External Development Charges) are not random or fixed—they are calculated based on multiple factors defined by local development authorities. Understanding these factors helps buyers avoid confusion and unexpected costs later. The size of the development plays a major role. Larger projects or high-density developments place greater demand on roads, water supply, sewage, and electricity, which is why the
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Several Windhoek schools charge admission fees referred to as 'development fees' By: Hertha Ekandjo A survey conducted by NewsOnOne has revealed that several schools in Windhoek are charging between N$400 and N$600 per learner for admission and school-related fees, sparking concern and frustration among parents. This is despite a warning by the education ministry earlier this week against education officials accepting or soliciting gifts or money from parents for learner placements. Many parents
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