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Deposit Bonds Now Available |
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"Secure an investment with no immediate cash down!"
Property New Zealand have teamed up with New Zealand Property Solutions Ltd to offer you a sensational new product, exclusive to us, that will make your investment a reality without you needing to put down any money at all! Read on for more details on how it works...
What is a Deposit Bond?
A Deposit Bond is a substitute for the cash down payment or deposit required
when purchasing an off plan property. By using a Deposit Bond instead of
cash, the amount of the deposit is retained by the purchaser until settlement.
There is no need for the purchaser to withdraw the cash required from other
investments or out of equity in other property assets.
Rather than paying the deposit amount required in cash, you only pay a small
premium for the Deposit Bond, which the seller or developer accepts instead of
cash.
When you use a Deposit Bond you satisfy the vendor’s deposit requirements by
the issue of what is essentially a deposit guarantee.
Why you should use a Deposit Bond Instead of Cash?
A Deposit Bond is a substitute for the cash down payment or deposit required
when purchasing an off plan property. Below are the main reasons why investors
use bonds instead of cash:
- Reduced cash outlay. Just 1%-2% with a
bond compared to 10%-20% with a cash deposit
- Smart, safe, simple and secure.
Guaranteed by QBE Insurance (S & P Rating A+) one of the largest
insurers in the world. Approval usually takes 72 hours
- It allows you to leave your hard earned
cash invested until completion
- No need to raise your deposit through
equity release which can be time consuming and costly
- No need to arrange bridging finance -
also costly
- Don't risk your cash. If a development
doesn't proceed we refund your premium
- The new Deposit Alternative Bond can be
used to secure property in the UK, Ireland, USA, NZ and Australia. More
countries will be added to this list later this year
- Investors owning property in the UK,
Ireland, USA, NZ and Australia are eligible for the Deposit Alternative
Bond
Deposit
Bonds mean that you won't lose your dream investment when speed is of the
essence!
Deposit Bonds are
available on most of our properties - Just look for the label on the
property detail page or contact us for more information
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