deposits on goods

. Every where you look companies are going out of business What is the best way to give deposits in order to safeguard my money? Need to buy a kitchen and have been asked for 20 % deposit then 60% on the day of arrival and then 20% on completion .Normally i would not have a problem with this but have just been stung for the price of 2 beds [company gone into liquidation]thanks

Make payments on a credit card. If the company goes out of business you can reclaim the payment from the CC company and they then chase the business.

thank you

PetrolHead said:

Make payments on a credit card. If the company goes out of business you can reclaim the payment from the CC company and they then chase the business.

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Check with your credit card provider. We ordered a new front door and paid 50% up front by cc. Our cc provider (MBNA) said that they no longer offered that service. Luckily the door arrived on time and as ordered. Business subsequently went bust.
To the OP, would you consider an Ikea kitchen. You buy and bring home with you on the same day (or they deliver and/or install as well)

Buy/contract a reputable, well established business. Have a look around - there are loads of good joinery shops who will do what you're looking for and if they are the smaller players that are still in business you will find that they are much less likely to suddenly go out of business when compared to some of the bigger suppliers.

Also have a look through the recommendations section - some recommendations in there.

great thanks for replies.