We are currently negotiating the final contract details with our builder for him to complete a double storey extension and renovation to our house. It's a fairly big project. He is a sole operator and brings in other trades as and when required during the build. We've checked his references (they're solid) and we are happy with what we see of his previous builds, however this build is bigger than his normal projects - in fact it's his biggest yet. We would like to hold back 5% of the total sum to cover a snagging period at the end of the build. Is that normal for residential projects employing a small building firm? How long should the snagging 'period last? 2-3 months? I read online about 6 months but worry that it's not fair to a small builder to hold onto a large sum of cash for so long. Advice appreciated!
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Tani H-S
rach_at_montaneaOriginal Author
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