It's a UK law but I don't actually find it unreasonable, I think it's still a good idea whichever country you're in.
Zebedee that's a good point and I will add it to my explainer in the T&Cs.
For what it's worth, I've been very severely burned twice on this one by people stalling, once with a three week peak time booking, so more fool me for letting it happen again! Now I'm very careful.
My standard email now says the balance is due
by two months before at the latest. (I switched to two calendar months after a suggestion on here, it saves all that tedious counting back on weeks)
I send a pleasant email about two weeks before the balance is due, with some details, sometimes a recent picture, and a reminder that the balance is due
by such and such a date at the latest, please do remember that international transfers can take up to five working days. Once the balance is received we will send you our welcome pack with directions, local recommendations etc etc looking forward to seeing you etc.
A lot of the time I get it a few days after this email. If I still don't have it five days before, I send another email along the lines of "Your welcome pack is prepared and ready, can you let me know when the transfer is done - if I know when to expect it, I can send all the info as soon as possible, I am sure you'll find it very useful for planning
"
It hasn't happened since I started doing this.
However, what
has often happened is that someone is on holiday or busy or away, whatever ....and the extra notice gives them time to sort it out. There's regularly a week or so delay, as there has always been, but you've started the 'notice period' much sooner, so you still get the balance on time.
If there were to be a flake-out on the part of the guests and still no balance on the due date, you can reasonably say they have five days (or whatever you would want to do) before the dates are re-opened for booking. At that point hey lose their deposit unless you can re-book. Because they've actually had three weeks to sort it out. So that seems 'reasonable' to me, but I also think it's good that people are aware of it.
If I can rebook I would refund the original deposit minus a small admin charge for time and also minus any reduction I would give as needed to book.
I think this is fair, but I also think it should be explained in my T& Cs. So thanks
Don't forget also to say what happens if they want someone else to take the booking. For me, the new person would have to send their money, and agree to the T&Cs, and after than, I would refund the original booker. IE whether it's a friend of the original booker or not, the process is unchanged.
You may remember my nightmare here with the guests who raffled it, a cautionary tale though honestly I think this specific set of circumstances is thankfully rare:
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