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Old 24th March 2004, 21:18   #1
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Default Use your credit card

If your are buying carpets, furniture, flooring, blinds etc use your credit card. If the purchase is more than ?100 or less than ?30,000, the Credit Card company is equally liable under section 75 of the consumer credit act, if something goes wrong. It's a shame the mortgage lender isn't equally liable when you buy a new build home. Could this be an easy solution to the qulaity problems in the new build industry? The mortgage lenders would soon force developers to improve quality, if we could ask them to fix our defective houses.
See: http://www.financial-ombudsman.org.u...itcards-31.htm
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Old 28th April 2004, 09:52   #2
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Default Use your credit card

Although all cards give you protection under section 75, it is worth pointing out that only cards backed by a UK bank are regulated by the Financial Service Authority and covered by the Financial Ombudsman Service, so if you have a complaint you will not be able to use the Financial Ombudsman Service. Card not covered include American Express Credit Cards.
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