by rebecca | Jun 12, 2019 | PowerPress
A bank guarantee is an undertaking issued by a bank to a beneficiary for a specific amount of money that has the effect of guaranteeing the liabilities or commitments of one party to another. A bank guarantee cannot be issued unless the bank has some type of asset...
by rebecca | May 23, 2019 | PowerPress
Now that the Federal election is over and brokers can breathe a sigh of relief, we can all get on with helping our clients without looking over our backs. Deposit Power issue hundreds of guarantees every month so we have a good idea of what is going on in the property...
by rebecca | May 13, 2019 | PowerPress
Deposit Power welcomes the Coalition’s proposed First Home Loan Deposit Scheme that will offer up to $500 million in equity through the National Housing Finance and Investment Corporation. General Manager of Deposit Power, Grant Bailey stated “given the...
by rebecca | May 9, 2019 | Media
Sydney first home buyer Luke Handren found his first opportunity to break into the housing market when it cooled in 2017. But the 26-year-old – like most first timers – didn’t have enough for a deposit to buy a $550,000 apartment in Pendle Hill in...
by rebecca | Feb 20, 2019 | Buying Tips
The struggle to save is real with the time now being more than 5 years to save for the average deposit amount. With so many struggling to save a property deposit to buy a home, we spoke to several experienced Mortgage Brokers for some tips for prospective first home...
