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Retainer vs deposit vs fee

(3 Posts)
JennaRachel Wed 08-Feb-17 16:19:29

Hi. I have just booked a childminder to start looking after my child in August. I have paid a "retainer" of 5 weeks fees which I will not get back. However, this does not actually seem to be a retainer as there is no empty space to be held for him. It seems to be more of a booking fee than an actual retainer. Is this common practice?

Tanith Wed 08-Feb-17 17:02:56

How does the childminder explain it?

Her fees and charges are for her to set and there isn't really a common practice or standard.

Doglikeafox Wed 08-Feb-17 18:23:06

That sounds fine to me. Really if a placed is not empty, she should have charged a deposit rather than a retainer but it is entirely up to her being self employed and you could have questioned it however if you did do that, she could just charge you a deposit of the exact same amount as even if she doesn't have a space open at the moment, she is not choosing to fill the space available that your child will be taking up.

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