How does it work?
It's easy!! You have probably already found the property you want however,
it may be under construction or construction has not commenced, you
bought off the plan or settlement has been delayed by agreement between
yourself and the Vendor. Although you have the 10% deposit required
to secure your purchase it may be in the form of shares that you have
to sell, a term deposit that has not matured yet, in a bank account
earning interest or you may want to utilise equity from existing property
or other investments. You can leave your deposit where it is and for
a premium that is lower than current bank interest rate earnings you
can purchase a Deposit Bond.
Who are Deposit Underwriters?
Deposit Underwriters are authorised agents of QBE Insurance (Australia)
Limited. QBE's founding company was established in 1886 and has
grown into an international insurance group operating from over
200 offices in 30 countries worldwide. Whether you're buying a property
to live in or you're an investor a Deposit Bond is the smart way
to secure your purchase.
Want to know more?
View more information about Deposit Underwriters Deposit Bonds - We strongly recommend you read this section before you apply.
Application process
To enable us to evaluate your eligibility to purchase a Deposit Bond
we need you to visit the deposit bonds application section, print
the application and send it to us with the supporting information
requested in the form. |
