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I have a few friends who work in "the trades" and none charge anywhere near that much. Most are below £200 (but they are in Sussex not London). £200 a day is a decent wage in my eyes, more if they are really good. The socialist/scrooge in me thinks no one needs to be making 100k + a year and not keen in helping facilitate that. I have friends and family who earn in that region and above, I don't begrudge them in any way, but they are "high up" in large companies or doing dangerous job.
Also, he came round and checked the place out after a day of work, at 3pm. A day of work does not end at 3pm, especially if your rate is £500!
And now my fridge is broke. I might as well just set fire to my whole damn savings.
That seems expensive. I've got a plasterer in at the moment at £200/day, he knows his stuff and is a nice chap so I am happy at that price. More and it'd be challenging.