Deposit or Retainer?- Just a quicky!!

[Lottie]

I have a parent coming over this evening to discuss childcare starting in January.

I am confused as to whether I ask for a retainer or a deposit...although I am thinking it is a deposit. If so how much? Or do I need one at all considering the length of time involved?

Your advice, as always, is appreciated. xx

[Pipsqueak]

I would take a deposit for that length of time, non refundable if they decide not to take the place up

[Lottie]

Thanks for the reply pip. I was thinking a months deposit, does this sound about right?

[sarah707]

Suppose it depends on how much money they've got - if they are going to rely on tax credits to pay you, they might not have a month's money sitting in the bank to give you, so try and guage that at the meeting...

Good luck! :D

[angeldelight]

I never ask for a retainer anyway

I would ask for a months deposit

Its a long time to keep the place for their child
I would also get them to sign to say that if they change their mind and dont take the place then the deposit is not refundable

Good luck

Angel xx

[Lottie]

Thankyou :) . I said a months deposit and she was fine with it, infact she said she wanted to pay it because she might lose me! She really liked me and my home and I am going to meet her husband and child on Monday and take it from there.

[sarah707]

Great news! :clapping:

[angeldelight]

That is great news

Well done

Angel xx

[katickles]

Well done - great news :)

[foxy lady]

i have a child starting in september for 3 days a week
i only ased for a weeks deposit £90
hope she still comes ive turned loads of people away
she did sign a contract
now you have got me worried
do you think i should give her a call see if she ok and if he still coming in september, if so when should i do it?

[berkschick]

Great news, well done

[angeldelight]

Foxy - I dont think she would have paid £90 if she was not going to take the place it is a lot of money

Did you explain it was none refundable ?

Is the child going to come and spend some time with you before the start date ?
If you did not arrange this maybe you could give her a call and suggest a couple of hours in August

Then you can judge her reaction

Good luck

Angel xx

[foxy lady]

yes thanks angel thats a good idea
i will her today and arrange a time for some visits
i think i will ask for a months deposit in future tho:thumbsup:

[MissTinkerbell]

I was just about to post the same question as I have had an enquiry for care from September and was wondering what I should ask for.

[littletreasures]

I have just had a contract signed to start in September and they have paid a 1/2 fee retainer.

littletreasures

[jaja]

yeah, i`m glad everything is working out ok, xxx

[afmoon03]

Hey all, after reading all of the above I have now gone from feeling quite positive to absolutely panicking!! I seriously don't know what I'm doing - it probably doesn't help that I haven't attended the ICP course yet and won't be able to now till September! I have no idea about retainers and deposits etc arrrggghh! :panic:

[FizzysFriends]

Hey all, after reading all of the above I have now gone from feeling quite positive to absolutely panicking!! I seriously don't know what I'm doing - it probably doesn't help that I haven't attended the ICP course yet and won't be able to now till September! I have no idea about retainers and deposits etc arrrggghh! :panic:

Dont panic, if you get any questions/queries then pop a question on here and the experianced peeps will help you out.

[angeldelight]

Oh dont panic

Let us know what bit you dont understand and we can all explain it to you

Angel xx