With Bondpay* your project is protected before, during and after the project is complete.
A safe solution for paying and being paid for home improvements Bondpay is a brand new service introduced to give everybody involved in the home improvement process peace of mind.
It is for homeowners who worry they may be ripped off and contractors who want to know they will be paid in full and on time.
The money for the project is set aside securely until the work is completed. This means that if the work is either left unfinished, or not carried out to the required quality standards, your money remains safe.
A Bradstone Assured has unique access to Bondpay. It provides reassurance to them that you have the intention of paying in full at the end of the job.
The price of the project is deposited into a client account at HSBC. Here it is securely held until the work is completed.
Both you, as the homeowner and the contractor can see the money in the account at anytime. After the work is completed you,the homeowner will authorise the transfer to the contractor and payment is made immediately.
The process is registered with the Financial Services Authority (FSA) which means any money deposited is completely protected. Any person who loses money where an FSA registered firm fails is entitled to up to £85,000 of compensation from the Financial Services Compensation Scheme.
In summary the benefits for the homeowner are;
- No payment until you are fully satisfied
- A warranty on all work carried out from Bondpay
- No more rogue traders
- No financial risk
For more information on how to use this service visit www.bondpay.co.uk
*Bondpay is the registered trademark of BondPay Solutions Limited and is subject to Bondpay terms and conditions. For full terms and conditions please visit www.bondpay.co.uk and click on terms and conditions.