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Buyer Deposit Facility

Fund your auction deposit using equity from the property you’re selling.

Prepare to win and have your deposit ready prior to auction.

If you’re selling and in the market for a new home, we can pre-approve a deposit facility for you so that you can bid with confidence.

Whether you’ve found the perfect next property or wanting to shop around at the upcoming auctions, an auction deposit facility is the perfect solution.

How does bridging finance work?

In most cases, when selling your home there is the equity between your sale price and the mortgage debt you have with the bank. This is the 'locked up' value you have in your home that you can't ordinarily access until after the bank has been repaid.

Property Credit provides a short-term finance solution to help bridge the gap between what you plan to do after the sale of your existing property, and now. When you sell your existing property, you repay your bridging loan with nothing to pay until that time.

  • Facility activated in 24 hours
  • 30 day lifetime with optional renew
  • Access up to 80% of the property's value
  • Funds when required

Applying is fast and easy

Our funding solutions are centred around a property transaction meaning that credit checks are all but a thing of the past.
Setup your facility
Share your personal and property details.
Bid with confidence
Go and find the property you want and put an offer in or bid boldly.
Draw down your deposit
When you win at auction or private treaty, we'll send the deposit to the agent.

Get deposit ready.

Make offers and bid confidently with a pre-approved deposit facility.
Get started today.

More Solutions

With products to fit your property transaction needs, we got you covered. Our ever growing ecosystem of solutions are designed to help at every stage of the property's life — they remove barriers and smooth out cash flow.

Buyer Deposit Facility

Fund your auction deposit using equity from the property you’re selling.
More details

Equity Release

Selling your property? Access up to 80% of its value with an equity release bridging loan.
More details

Property Advertising

Fund up-front advertising costs when selling your property.
More details

Pre-sale Improvements

Increase saleability with pre-sale improvements and staging.
More details

Investment Property Expenses

Cover any cost related to your investment property and repay with rental income.
More details

GST Funding

Need to fund the GST on your commercial property purchase? We've got you covered.
More details
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