deposit bonds

The Easy Way to Pay Your Property Deposit

Deposit Bond?

Get Quote

A deposit bond – which is a substitute for a traditional cash deposit – can be a great option for anyone who wants to buy a property but either doesn’t have the cash deposit on hand or would prefer to deploy that cash elsewhere. The deposit bond can be used to cover up to 10% of the purchase price. At settlement, the purchaser simply pays the full purchase price of the property.

Why Would I Use a Deposit Bond?

You might use a deposit bond if you don’t have the cash deposit available at the time of exchange. Often people can have their cash tied up in other investments and are unable to access those funds at short notice. You might also prefer a deposit bond over a cash deposit if you were buying a property with a long settlement; that way, instead of having the money languishing in the agent’s bank account for months, you could deploy that cash elsewhere.
A deposit bond – which is a substitute for a traditional cash deposit – can be a great option for anyone who wants to buy a property but either doesn’t have the cash deposit on hand or would prefer to deploy that cash elsewhere. The deposit bond can be used to cover up to 10% of the purchase price. At settlement, the purchaser simply pays the full purchase price of the property.

Why Would I Use a Deposit Bond?

A deposit bond – which is a substitute for a traditional cash deposit – can be a great option for anyone who wants to buy a property but either doesn’t have the cash deposit on hand or would prefer to deploy that cash elsewhere. The deposit bond can be used to cover up to 10% of the purchase price. At settlement, the purchaser simply pays the full purchase price of the property.

WHO IS AZURA FINANCIAL

Our highest priority is your financial well-being

At Azura Financial, our award winning team’s number one objective is to empower our clients to strategically navigate the lending landscape and achieve their goals.

Getting a Deposit Bond is Fast and Easy

Azura Financial can help you secure a deposit bond. The whole process – from applying for the bond to receiving it digitally – can be done within a matter of hours. You would choose a short-term bond if you were expecting to settle within six months or a long- term bond if you needed up to 66 months (for example, if you were buying an off-the-plan property or a house-and-land package).

Can You Always Use A Deposit Bond?

The deposit bond is legally valid and available in all states and territories in Australia. However, a vendor can insist on cash rather than a deposit bond if they desire. Your solicitor/conveyancer must confirm and agree with the vendor that a deposit bond is acceptable prior to you bidding at auction or signing a contract.

Getting a Deposit Bond is Fast and Easy

Azura Financial can help you secure a deposit bond. The whole process – from applying for the bond to receiving it digitally – can be done within a matter of hours. You would choose a short-term bond if you were expecting to settle within six months or a long- term bond if you needed up to 66 months (for example, if you were buying an off-the-plan property or a house-and-land package).

Can You Always Use A Deposit Bond?

The deposit bond is legally valid and available in all states and territories in Australia. However, a vendor can insist on cash rather than a deposit bond if they desire. Your solicitor/conveyancer must confirm and agree with the vendor that a deposit bond is acceptable prior to you bidding at auction or signing a contract.

Hear from our clients

Rated 5 Stars with 650+ Reviews

"Using Azura Financial Mortgage Broker was a no brainer. They gave us so much support and guidance in what was truly meant to be a really stressful time. They were communicative, available and eased our nerves. All questions were answered swiftly, they worked in our best interest and were so lovely to have on our team while purchasing our first property. We have already referred them to several of our family and friends. Thank you for all your help during this process guys."
Alexandra Batorowicz

September 2024

Send A Quick Enquiry To Get Your Process Started

Your Partner in Finance

Google
Lisa Struber profile picture
Lisa Struber
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
James and the team and Azura Financial were exceptional to work with. They were prompt, professional and ensured we got the best possible outcome. The whole process was made a lot easier with the help from James and his team.
Google
Arlen B profile picture
Arlen B
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
Great experience dealing with Oliver, Nathan and their team.
Google
Danika Jess profile picture
Danika Jess
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
Elia Theodore and his team are the best in the business. By far the hardest working broker you will find. He helped me to buy my property and then also refinance (after a lot of rate rises) to an incredibley cheaper rate compared to what the banks were saying. I have recommended him to my family and friends and they are all just as impressed and happy. Cannot recommend him highly enough!!
Google
Lachlan McGregor profile picture
Lachlan McGregor
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
A truly exceptional experience. I had unique requirements and my initial broker couldn’t help but Nathan and Ollie were amazing. A single 5 minute call was all they needed, I had a fully prepared option the same day. Communication was so excellent that even my solicitor is now referring her clients to Azura. So grateful, thanks team!!
Google
Harry Gray profile picture
Harry Gray
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
We couldn’t recommend Matt Davis and the team at Azura Financial highly enough. From start to finish, his customer service and responsiveness were outstanding. We threw plenty of different scenarios and moving parts at him throughout the process, and Matt was always able to adapt, find solutions and make the process as seamless as possible. He was incredibly responsive and contactable whenever we needed him, even outside normal business hours, and we genuinely couldn’t fault his service. Thanks to Matt, we have now secured our dream home, and we couldn’t be happier. If you’re looking for a mortgage broker who genuinely goes above and beyond, we highly recommend Matt!
Google
Pascale Helyar OAM profile picture
Pascale Helyar OAM
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
The Azura Financial team were superb. Our transaction was both simple, and complicated, at the same time. They were able to accommodate two account holders working fulltime - and travelling internationally - and so made themselves available both before and after work hours to answer calls. They were also able to anticipate where lender requirements might slow the process, and prepare us accordingly. I'm not sure if this was the fastest home loan application and approval process on their side, but it certainly felt like it to us! From my original phone call , to the loan approved, was just over 2 weeks - not for the faint-hearted but they understood the timings and drivers on our side. Couldn't recommend them enough.
Google
Charlotte Ekas profile picture
Charlotte Ekas
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
Highly recommend!
Google
CHRIS CRAFORD profile picture
CHRIS CRAFORD
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
Jordan and the team have been incredible to deal with. He's helped us refinance and buy multiple properties, building out our whole portfolio along the way, and every single time the process has been smooth and stress-free. Nothing is ever a problem or too much trouble for him and his team; they're always quick to respond, genuinely care about getting the best outcome for us, and make what can be a stressful process feel easy. Couldn't recommend Jordan and the team highly enough. If you're looking for a mortgage broker who actually goes above and beyond, this is who you want in your corner.
Google
haydee toltz profile picture
haydee toltz
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
I cannot recommend these guys more highly. They were incredibly patient, amazing at explaining everything and were so professional and responsive. 5 stars, definitely would recommend and use them again.
Google
Matt Tarran profile picture
Matt Tarran
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
Team at Azure were great! Friendly, patient and explained every step of the way in detail! Buying a house is stressful, they made sure the financing side of it was not! Thanks again to Max, Peter and the rest of the team at Azure!

Talk To An Expert

Get Your Quote