Discover an alternative path to property ownership with a Deposit Bond
It’s possible without cash using a Deposit Bond.
Picture yourself waking up every day in the home you’ve always longed for.
ENAYBL Deposit Bonds can turn that vision into your new reality.
The Key to Your New Beginning
A Deposit Bond is more than just a financial tool; it’s the key to unlocking the door to your future home.
Essentially, it doesn’t absolve you of the responsibility to pay 10% of the property price; it simply delays this payment until settlement.
Let's paint a brighter picture
Imagine purchasing your dream property for $1,00,000. Normally, you’d pay a hefty $100,000 upfront and then complete the sale by paying the balance of $900,000.
But if your money is tied up elsewhere, you can use a Deposit Bond instead of accessing your cash. In that case, you only need to pay a much smaller amount to purchase the Deposit Bond. As you have not paid a cash deposit upfront, you would pay the full purchase price of $1,000,000 at completion.
It's not just about convenience; it's about the freedom to keep your funds and use them where you need them most.
Let’s take this same example and look at the savings you could generate from using a Deposit Bond.
If you are buying an $1,000,000 property off the plan with a 2 year settlement and need a $100,000 deposit now to secure the property, the cost of borrowing the deposit would be over $13,000 (assuming an interest rate of 6.5%).
A better option is to secure a Deposit Bond, as the fee would be approximately $6,000.
Yes, that’s around half the cost of borrowing the money.
Your Journey Starts Here
Begin your journey to homeownership with confidence and ease. Discover why countless buyers like you trust ENAYBL Deposit Bonds.
Want to calculate how much you could save with a Deposit Bond? Use our fee calculator to work out how you might save money using a Deposit Bond!
Your Story Your Solution
Every property journey is unique. Whether you’re upsizing, downsizing, buying your first home, or expanding your investment portfolio, our Deposit Bonds are tailored to fit your story.
Up Sizers
Are you finding your current home a bit too cozy for your growing family? It’s time for a new chapter, and a Deposit Bond can make it happen without liquidating your assets.
Down Sizers
Ready to embrace a more carefree lifestyle? Downsize with confidence, knowing that your wealth is within reach when you need it most. A Deposit Bond is your quick and cost-effective solution to hassle-free downsizing.
First Home Buyers
If you’re taking your first steps into homeownership and need a helping hand, a Deposit Bond bridges the gap between dreams and reality. It’s the key to your first front door.
Property Investors
Property investment made smart and simple. Investors, use the equity in your home wisely to expand your portfolio without the immediate cash payment.
Want to know more about what type of Deposit Bond is available for you?
Real Stories, Real Success
Discover how buyers just like you achieved their property dreams with ENAYBL Deposit Bonds.
Dom and Maya's Story
My wife and I had run out of space in our two bedroom apartment now that we had two growing children. We were looking to buy but all our money was locked up in the equity in our current home. ENAYBL Deposit Solutions ended up being a smart choice for us as it saved us time and money.
Maria's Story
We have a house on a large block of land and the upkeep was becoming too much for my husband. We found the perfect apartment on the water near where we had lived for 40 years but didn’t have the cash to act quickly to secure it. ENAYBL approved our application in 24 hours. So after seeing the property on the weekend, we secured it the next Thursday, something we could not have done without ENAYBL Deposit Solutions.
Barrie's Story
I was purchasing a property for investment. All my current funds were tied up in equity in my home and shares that I didn’t want to cash in right now to pay the deposit. ENAYBL Deposit Solutions organised the deposit bond within 2 days. I was able to keep my investments working for me where I am earning more than double the fee associated with ENAYBL’s Deposit Bond. So it made financial sense to choose ENAYBL.
The conventional way involves locking up substantial cash upfront. We let you hold onto your cash until the deal is done.
Traditional deposits can limit your financial choices. We give you the power to make your money work where it’s needed.
Traditional deposits can slow you down with lengthy processes. We’re here to expedite your journey to homeownership.
Explore the Possibilities with Our Experts
Want to know how a Deposit Bond could help in your next property purchase? Speaking to one of our friendly experts will give you a personalised understanding of how a Deposit Bond can save you money and flexibility in your next property.