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Builder asking for too much money upfront for extension and shed builds
Comments
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Deposit protection insurance is available but I have never used it so have no idea how much it costs.
See if you can pay by credit/Visa card. Some builders accept them ask your builder.
Some trade associations offer deposit protection schemes, ask if your builder is a member of one.
Personally I've never paid a deposit unless for specialist materials that are being made to order. If you have a good building contract in place the builder shouldn't need to take a deposit but builders seem to not trust written contracts...I wonder why?0 -
Since when has ' become !!!8217; ?
As of yesterday afternoon, when I can't revolve my phone to access the 'edit' button and MSE randomly decides not to post - like the post after my last one apologising.
Im on my laptop now. I wonder if I have apostrophes.
EDIT: I do. Something to do with my phone!Everything that is supposed to be in heaven is already here on earth.
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For my last big project, prior to starting I did a credit check on the builder using www.ccssolutions.co.uk (no connection, just happy customer). I got an 11 page report with recommended credit limits etc which cost me £25 plus VAT.
I didn't need to pay anything up front since the builder had just had a big job postponed and could fit me in sooner.Signature on holiday for two weeks0 -
Just a quick update on this. After a lot of back and forth between myself and builder regarding deposit. The builder eventually offered that I pay 1/3 of the deposit and the rest nearer the build as the insurance backed guarantee covers only 90 days. So I'm very happy I stood my ground. I was prepared to walk away and start the tender process all over again but thankfully didn't have to do it. I'm fine paying a deposit but I also need protection for my money and that's the bottom line.
Thanks to everyone who replied, really helpful advice.0 -
Bob is talking nonsense. Don't go with him, you'll probably have more problems to come.
We're all telling you this for a reason. Drop him.0
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