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A deposit bond is a type of guarantee, used as an alternative to cash, which is used when purchasing a development.

The deposit bond acts as insurance and protects the beneficiary by ensuring the investor will complete the purchase at settlement, as detailed in the agreement.

The beneficiary can only call upon the bond if the investor has failed to make payment by the date and time specified in the agreement.

Find Out More About Deposit Bonds

For more information about sewer bonds, please call us on 01603 218288 or alternatively email us.