Most development budgets don't blow up all at once, they leak slowly through costs you never saw coming.

In this episode of Inside Property Development, I sit down with Claire, Head of Projects at Little Fish, who manages development projects every day and sees exactly where budgets fall apart. We break down the four costs beginners consistently underestimate, the two biggest blowouts that destroy margins during construction, and the systems experienced developers use to stay in control.

You'll learn how to structure contingency properly across each stage of your project, why variations during construction cost double or triple what they should, and how to lock in your numbers with tight documentation and fixed price contracts before a builder steps on site.

Whether you're planning your first dual occupancy or tightening up your next townhouse project, this episode will change how you think about development budgets.

🔥In this episode:

• Four costs beginners consistently underestimate
• Why holding costs blow out feasibilities
• Soft costs most developers forget to include
• Council and authority fees that change mid-project
• How to spread contingency across project stages
• Why construction variations cost double or triple
• The document control system that protects you
• Why fixed price contracts reduce your risk

👇 Chapters

00:00 Intro

00:35 What costs do beginners consistently underestimate?

09:11 What are the two or three costs that blow projects out if people don’t plan properly?

13:47 What systems do experienced developers use to control costs?

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