What is a Deposit Bond?

A Deposit Bond is a financial guarantee that acts as a substitute for the cash deposit.  Deposit Bonds are issued for all or part of the deposit required, up to 10% of the purchase price.

Why use a Deposit Bond?

A Deposit Bond is a fast, secure and efficient alternative that saves the purchaser a great deal of time and money. Many property investors often have their cash tied up in their home or other investments, and other finance options are typically more expensive.

What are the Benefits of a Deposit Bond when purchasing property?

• You don't have to use your own cash for the deposit
• You don't miss out on great opportunities
• A small once only fee is all you pay and then you pay the deposit at settlement.
• If you don't have 10% available for Auction, we can arrange a 10% Depsit Bond as alternative

Say for example you tried to sell your shares, car, boat etc, however you had not received the money yet, or any other reason why your deposit is not ready at the day of the auction, however you don't want to miss out on the property, we can arrange a Deposit Bond for you to use as your 10% Deposit.

Deposit Bonds are the smart alternative for smart property purchasers.