Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

Explained in plain English

How your money is safe

The new scheme means your payments for home renovations won't go straight to the builder. Instead, your money will be held in a special account and released in stages. This happens only when agreed project milestones are met, giving you peace of mind and protection against unfinished or shoddy work.

Stories that explain this

New scheme protects homeowners from 'cowboy builders' from September

Related explainers

Boosting consumer confidence Finding approved builders International building standards Tackling rogue traders Is my money safe in a bank? What is 33C in old money? How does AI make money? How do AI studios save money?

The full catalogue

Browse every card filed under M →