I have signed an order form with a loft company for a dormer loft conversion costing 40k. The company does have a deposit protection scheme, which will protect the deposit prior to the commencement of the contract for up to 25% of the contract value. (They also have a Insurance Backed Guarantee IF the company ceases to trade). I have a credit card with HSBC and think that it would be better to use my credit card for the first couple of payments £10,000 as after this the basics of the construction will be complete and I would have a better understanding of the company.
However, I checked the s75 law which states that purchases between £100 and £30,000 are covered. Would I still be eligible for this since the payment that will paid using the credit card is only £10,000 however the total cost is above the top figure.
I also will be checking the company for an CCJ.
Would you recommend doing anything else and would using a CC be the best idea?