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If you're going to produce reasonable quality work then I'd suggest £17 is way too low & you should look to double it at least.
Every hour you shoot will mean probably 1-2 additional hours of post production unless you're just sending the shots straight out of the camera, so the £17 an hour becomes £5.60 an hour, not a lot more than a minimum wage for a service which he'll charge much more than £17 to the clients for.
You should be able to factor in your time, equipment travel.
Don't sell yourself short.
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