DEPOSIT BONDS

Deposit Bonds are a fast and convenient way to exchange contracts.

A Deposit Bond works when you pay a fee to the bond issuer and in return, the bond issuer gives a guarantee to the vendor (the seller) to the value of the deposit. The cost of deposit bonds can vary, starting at approx. 1% of the deposit sum.

Real People Finance is an authorised representative to arrange deposit bonds for clients.

A deposit bond can be arranged generally within a few hours of your lenders formal loan approval.