Deposit Bonds

When buying property off the plan it is common practice for investors to have to pay a 10% deposit on the property in order to secure it. In today's diverse finance market, there are products available that provide more flexible and cost effective ways to do this. A Deposit Bond is the answer.

What is a deposit bond?
• They are an inexpensive financial guarantee, (generally costing around 1% of the contract price) in the form of a bond that gives you the convenience of paying the upfront 10% deposit on the purchase of a property - without having to put up the full 10% deposit amount.

What do they do?
• Allows you to secure a property off the plan for a fraction of the actual 10% deposit required.

• Means you no longer need to cash in your interest generating investments or apply for expensive bridging finance.

• Allows your own funds to continue working for you during the construction period, whether it's in a term deposit, shares or as equity in your current home.

Deposit Bonds are simply better value!
A small once-only cost is all you pay - much less than the interest you could earn on your cash, even if you left it in a low-interest bank savings account.

Why choose a deposit bond?
Cost Effectiveness – A deposit bond compares more than favorably to using cash or savings, bank guarantees etc, while still allowing your cash to work effectively for you.

Flexibility – Available with terms up to 48 months.
Fast & Easy Approval – Deposit bonds are simple application forms with decisions generally in 48hours.

FOR MORE INFORMATION ON DEPOSIT BONDS, AND HOW THEY MAY BENEFIT YOU, please call us on 1300 361 909.