Deposit Underwriters

At Deposit Bond Australia, we pride ourselves on providing a convenient and secure way for Australians to purchase residential property. Our team of experts has been helping individuals and investors secure their dream homes for over a decade. As an authorized agent for QBE Insurance (Australia) Limited, we offer a range of Deposit Bond products that cater to the unique needs of our clients.

How Deposit Bonds Work

We understand that purchasing property can be a complex and stressful experience. That's why we developed our Deposit Bond solution to simplify the process. A Deposit Bond is a financial guarantee that ensures the Vendor receives the deposit amount in the event the Purchaser defaults on the sale. By using a Deposit Bond, you can secure your property without having to fork out a substantial deposit. Our bonds are designed to provide convenience to the Purchaser and security to the Vendor.

What is a Deposit Bond?

A Deposit Bond is a financial guarantee issued by QBE Insurance (Australia) Limited, one of the world's leading insurance companies. It is not an insurance policy but rather a form of Surety or Guarantee. Our Deposit Bonds are available for a range of terms, from 6 weeks to 4 years, giving you the flexibility you need to manage your finances.

Advantages of Using a Deposit Bond

By using a Deposit Bond, you can secure your property without having to pay a substantial deposit upfront. This means you can invest the cash you would have used for the deposit and earn interest until settlement. Many people buy properties "off the plan" or that are under construction. Completion of the property can take months or even years to complete. A Deposit Bond ensures you secure the property without the burdensome outlay of a 10% cash deposit until the property is ready to settle.

Benefits for Vendors

Vendors also benefit from our Deposit Bond service. They can be assured that, in the event the Purchaser defaults on the sale, they will receive the deposit amount. This provides the Vendor with the security they need to feel confident in the sale.

The Application Process

Applying for a Deposit Bond with us is quick and easy. Simply visit our website, select the relevant link, and fill out the application form. You can also contact us directly to discuss your options and receive a free quote.

About Us

At Deposit Bond Australia, we are committed to providing exceptional customer service and ensuring our clients receive the best possible outcomes. Our experienced team is dedicated to helping individuals and investors secure their dream homes. If you have any questions or would like to learn more about our Deposit Bond products, please do not hesitate to contact us.