We're doing up our bathrooms and got quotes from a few different people. The guy who we think is best value is looking for a 50% deposit. I know I'll have to pay something up front, but 50% seems a bit steep to me.
I'm just wondering how much i.e. what percentage of the agreed cost, are other people are paying currently? And, how are people "protecting" this money? For example, if you transfer the money to the builders account, and he does a runner / business goes bankrupt before starting my job, then I've lost that money. Just wondering what other people to doing to secure their deposit. Is paying the deposit via Credit Card an option?
I'm just wondering how much i.e. what percentage of the agreed cost, are other people are paying currently? And, how are people "protecting" this money? For example, if you transfer the money to the builders account, and he does a runner / business goes bankrupt before starting my job, then I've lost that money. Just wondering what other people to doing to secure their deposit. Is paying the deposit via Credit Card an option?