At Coutts our Licensed Conveyancers are members of the Australian Institute of Conveyancers. Whilst this means several things to our client’s it means one thing in particular to our clients purchasing property. It enables our Licensed Conveyancers to self issue deposit guarantees through a company called Deposit Power. Deposit Power allows you to purchase a home or investment property without having to provide the deposit in cash. A Deposit Power Guarantee is a substitute for a cash deposit required when purchasing. You simply pay a one off fee for the issue of the deposit power guarantee and pay the full purchase price on settlement.
For more details please visit the AIC NSW website http://www.aicnsw.com.au.