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Advantages of Deposit Advantage
Quick & Easy
You can apply for a Deposit Advantage Guarantee directly through Deposit Advantage by clicking here, by contacting the Deposit Advantage Helpline on 0860 110 313, or through your lending institution.
Most applications are processed within 24 hours, enabling you to enter quickly into an offer and acceptance on your new property.
More Affordable than Short Term Finance
Short term finance is a slow and costly process involving application fees and high interest rates. A Deposit Advantage Guarantee involves a once-off fee, which is significantly more affordable than accessing your bond or bridging finance.
Significant Savings
A buyer can save a significant amount of money by choosing a Deposit Advantage Guarantee.
Ideal for Auctions
The Deposit Advantage Guarantee is issued prior to the auction so that the buyer can gain the seller's acceptance of the Guarantee before the auction date.
The amount for which the Guarantee is issued is completed, the property and seller's details are left open and can be completed by the buyer if the bid is successful. Should the bid be unsuccessful, the buyer may use the Guarantee at further auctions.
Guaranteed by Lombard Insurance Company Limited
A Deposit Advantage Guarantee is 100% secure. The full payment is guaranteed by Lombard Insurance Company Limited. The Guarantee cannot be cancelled where it has been relied upon to sign a sale agreement.
» click here to apply |