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Paying large amounts by credit card for added protection
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So no S75 protection. It is the total amount that counts.benawhile said:About £60K total broken down into stages of amounts up to £5,000, but there will be more than one payments to be made each month. Nothing up front though.Life in the slow lane1 -
I agree - if your contract with the builder is for a total of £60k it does not matter if the windows are £7k and something else is £5k etc it is way over the £30k compensation limit - so here there is no S. 75 cover at all.
So what I would do is pay in stages but at each stage get a surveyor or similar to sign off that the works are to a given standard before moving on to next stage.1
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