Quote:
Originally Posted by silverbmwz3
They would deal with planning & building regs.
No party wall issues (to my knowledge)
What does last question mean? The payment schedule is a deposit, more when groundworks completed, then a retention amount until we are happy.
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The 'valuation' principle means that you pay for the works that have actually been done at a given time. Rather than simply a 'stage payment', which would be an arbitary amount that doesn't necessarily reflect the value of the completed works.
1. Confirm that they will obtain planning consent or written confirmation that this will be 'permitted development' prior to commencement (and payment of any cash).
2. I'd want to have at least 50% of the cost as a final payment, only due once the works are complete and a building regulations completion certificate has been produced.
How much is the deposit? I wouldn't want to pay any significant amount up front. No deposit at all would be ideal.