Deposit Bonds

A Deposit Bond guarantee allows a purchaser to meet their deposit commitment to a vendor without having to dip into their hard-earned savings. You simply pay the full purchase price at settlement. Both short and long term Deposit Bonds are offered to suit any residential property settlement terms.

We understand timing is critical leading up to an exchange of contracts, so we can electronically arrange a Deposit Bond without delay to substitute all or part of your 10% deposit.

• A Deposit Bond can be arranged for an anticipated auction and if not used on the day can be partially refunded or used on another property purchase.

• The purchaser must check acceptance with the vendor before proceeding with a Deposit Bond application.

• A Deposit Bond acceptance is very common but it is advisable to keep the real estate agent aware of your deposit funding intentions.

• A Deposit Bond is also available for a commercial property purchase.