Aussie Deposit Bonds, at a glimpse
Residential, Commercial, Vacant Land, Land & House Packages
Individuals, Super funds, Trusts, Companies
Soft copy, 1 business hour
Original bond, Express Post same day
Bonds out to 66 months
Refund on bonds that settle early (conditions apply)
No accreditation required
High level authority
Faster & smarter option than cash or bank guarantees
It's when Aussie Bonds says 'no', you know all options have been canvassed. We rarely say no!
For established property or registered land with likely settlement under 6 months. At the time of application, (1) you’ll have ‘unconditional finance’ approved (includes finance offers that are subject to valuation only or the current mortgage is being transferred) or (2) you are still to organise finance. With (1), you use the short application and provide 3 support documents and with (2) the long application with additional support documents.
Sell and Buy / Downsize
Your client (1) already has their existing property under Contract of Sale and are looking to secure another; (2) your client wants to secure another property first, before selling their current property; or (3) they are downsizing to an alternative property. You may or may not already have finance approved; your client may be transferring their existing mortgage; or, in the case of downsizing, they’ll be using cash from the sale of their existing property to settle their purchase.
Your client wishes to attend an auction for (1) a specific property or (2) they are looking for an alternative occupier or investment property and will remain in the market until successful. For (1), we can issue the Deposit Bond for that specific property and if unsuccessful, they can return the bond for a refund, less our issue fee, within 30 days of issue. For (2), we can issue an ‘open’ Deposit Bond for up to 6 months and for 10% of the maximum price they plan to bid. Once successful at auction, they can use the Deposit Bond. If the ‘open’ Deposit Bond hasn’t been used after 6 months, we can extend for another 6 months, however, a re-issue fee applies. They can also use an ‘open’ Deposit Bond if they find a property via private treaty.
Off the plan
Your client already owns existing Australian based real estate and are looking to buy an off-the-plan apartment to occupy or as an investment; unregistered land; or a House & Land package. If they currently don’t own existing real estate, select the First Home Buyer panel below. We can issue bonds up to 60 months; 66 months in Qld; and on selected projects, up to 84 months. We must issue to the Sunset or Registration Date in the Contract of Sale to protect your client, however, they are entitled to a pro-rata refund of the unexpired portion of the bond, following settlement (refer to our quote for more details) less a handling fee.
First Home Buyers
Your client is looking to buy an off-the-plan apartment or unregistered land and currently doesn’t own existing Australian based real estate, however, a family member, typically parents, do own real estate and are prepared to act as guarantor. If your client is buying an established property, refer to the ‘Established Property’ panel. Other information is the same as the ‘Off The Plan’ panel.
Your client’s SMSF or Bare Trust is purchasing established or off-the-plan property. The Trustees or Directors of the SMSF will need to go as guarantor(s) and will need to privately own existing Australian based real estate. The process involves the SMSF or Bare Trust completing the Application Form, as the buyer and the guarantor(s), a Guarantor Statement.
Your client’s Trust is purchasing established or off-the-plan property. Given the complexity & legal costs of trust deeds and assets within the trust being fully assessed, it’s far easier and less expensive, if the trustees act as guarantor(s) and privately own existing Australian based real estate. The process involves the Trust completing the Application Form as the buyer and the guarantor(s), a Guarantor Statement.
Your client’s company is more likely buying commercial real estate, but maybe residential. Whilst we may be able to issue the Deposit Bond based on the financial status of the company, we may need the director(s) to go as guarantor(s) and privately own existing Australian based real estate.
As a busy suburban solicitor, I am very familiar with the stress surrounding clients purchasing property. The professionalism demonstrated by Aussie Bonds Australia, on repeat occasions, has helped to remove a large amount of client stress in helping to secure their Contract of Sale within tight cooling-off periods.
- Micthell Reece & Associates, Jannali NSW
Thanks Aussie Bonds for assisting us to sort our ‘off the plan’ purchase. In comparison to others we approached, your guidance and support was amazing. Plus we benefited from your competitive pricing and fast turnaround when we were caught short.
- Vic & Emily Cabaleri, Balmain
It is such a refreshing and pleasant experience to do business with a company that gives great customer service. My dealings with Aussie Bonds have been exceptional … efficient, professional and patient.
- Sue Alexander, Licensed Real Estate Agent, Northern Beaches, Sydney
Aussie Bonds delivers on or often above expectations, which is remarkable to me. How do you create an environment & culture that aims for excellence and continually delivers beyond expectation. Your company is unmatched in the Deposit Bond space.
- Erik Reurts, Blue Tongue Finance, Sydney
In my previous mortgage broker role, I was locked into an alternative arrangement. Now I’m free to compare and the difference is stunning! I’m impressed. My clients are impressed.
- Russell Newell, Dynamic Home Loans, Sydney
I’ve been in the development industry for decades. Our company shifted towards residential construction some 12 years ago. In all that time I’ve never come across a service provider that offers your firm’s consistent level of service. Thank you.
- Dr Nicholas Girdis, Girdis Group, Brisbane
I’ve been in the real estate and project marketing industry for many years and have dealt with many support organisations and nothing gets close to Aussie Bonds. Sure, big words, but you can’t hide from the facts. Aussie Bonds has made my task a whole lot simpler. I’m not surprised to hear my clients & their friends keep going back to Aussie Bonds for more bonds.
- Rodney Blackmore, Colliers, Sydney
I'd like to thank you sincerely for the excellent service you provided me with recently in obtaining a Deposit Bond which has secured for me a wonderful, and I'm sure a happy home for my future. As I was very anxious that I didn't miss buying the property I applied 'out of hours' and your quick response (even though you were lunching with friends!) was of invaluable assistance to me. So, to you and your excellent staff who helped me so professionally and efficiently, I'd like to say a BIG thank you!
- Chris Graham
The Aussie Bonds team knows the meaning of a great customer experience. Combined with quick decisions, they really make obtaining a Deposit Bond easy. Aussie Bonds are our only choice for a Deposit Bond.
- Peter Gomer, Mortgage Direct, Sydney