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Found 1 result

  1. newhome
    We have had several discussions in the past about how to protect large purchases against the supplier going into administration, with the favoured option being to pay a small deposit by credit (not debit) card if at all possible that will protect purchases of between £100 (per item not total invoice amount) and £30k. This protection is provided by Section 75 of the Consumer Credit Act. Often however it seems that the supplier won't accept a credit card payment so what to do instead? I came across this website and wondered if this has a place in the self build community? It's neither a recommendation nor an advert for the company as I haven't used them and nor have I heard of them before, but the fees seem pretty reasonable (assuming there are no hidden costs). The supplier will have to agree to the arrangement too of course. Their website claims that they are FCA regulated. So caveat emptor but it may be worth a closer look the next time you have to pay a supplier a large amount of money in advance of goods being delivered. https://www.transpact.com/
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