How does deposit bonds work?
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 is a business name owned by Deposit Bond Australia Pty Ltd who 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 Bond Australia Deposit Bonds - We strongly recommend you read this section before you apply.
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.
Individuals and corporates buying commercial property should contact our offices directly for information and pricing.