Job payment schedules

Question

Hello,
Just wondering what a normal payment schedule is in the tradesman world? I've been getting lots of renovation work done recently and everyone seems to be wanting different payments schedules. My bathroom renovator wanted 50% deposit up front but the decorators didnt ask for any. Just wondering if there's a standard deposit/payment plan i should expect?

Gareth · Accepted Answer

Basically on smaller jobs payment on completion say under £500.
Anything over we ask for 10% on booking.
40% 10 working days prior to start date to cover materials and hire costs if applicable.
Then a stage payment depending on length of project.

Andrew · Answer

I take payment on completed works and no deposits, I think this is the best way forward for now and into the future,

Alex · Answer

I guess it depends on the tradesman. If the bathroom is being supplied, I understand the need for an advancement. 
If the outlay for a job is for small parts and labour, never pay in advance, instead offer to pay in the end of the week in a partial payment.

Vladut · Answer

Hello ,
This all depends about the trader's way to approach the customer. I do handyman jobs myself and i never ask the customers for upfront payments, in the worse case scenario if i need to buy something i always try to take the customer with me to buy the things and at the end of the job the customer will pay for my labour. Hope this helps .

Nick · Answer

I'm a decorator. Usually I ask for materials in advance.
Then depending on how big the job is. If it's just a few days then payment upon completion. If its a bigger job then payment weekly, on an agreed timescale till completion.

Amjad · Answer

It all depends on the tradesman usually a 20%/25% deposit Is sufficient for renovation work, but if painting and decorating as you don’t have to purchase any big items so a painter won’t ask for any deposit.

Matthew · Answer

Hi
Personally I don't ask for a deposit upfront as most of my work consists of smaller low-cost jobs. I've suggested in the past that the customer may want to purchase materials, such as tiles or bathroom suits themselves to keep costs down. I usually buy materials upfront but luckily I've always been paid promptly. I guess if a tradesperson has had previous bad experiences with unpaid invoices then they might want to start to ask for part payment or a deposit to avoid being stung again.

Matt.

Garry · Answer

The normal is 25% for a down payment or deposit, which is to cover materials, then the balance paid in full when the job is completed .

Christopher · Answer

Anything to do with bathrooms or kitchens it is normal ask for a deposit upfront to cover the cost of materials with these being expensive jobs. It's like a painter who has to buy the paint. I hope that helps, I tend to charge a day rate plus materials.

Paul · Answer

Hi your bathroom fitter/company probably wanted a big deposit to cover the cost of all the materials which is a big out lay.The decorators probably did not have a massive out lay as they only need paint and filler etc.
Regards,
Paul.

Job payment schedules

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