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Yes. I have open lines of credit that are currently my buffer against stormy weather. I would be prepared to commit some of this buffer to a cashbond. Don't know the answer to that. It depends on the policy of the lender I suppose. Will take it up with my MB and keep this thread updated as I go.

Hi Rixter, Do you mind if I enquire into your progress with this? The topic is suddenly quite relevant to me as I've just been knocked back for a full-doc loan. Is there a decent site for comparing the rates offered by the annuity providers? Regards - Ben

12 month cashbond Hi Rixter, I read a discussion elsewhere where a financial adviser suggested that the major banks will include income from a 12 month cashbond in their serviceability calculations (no five your minimum). I think this would be advantageous because there would be little need...

Hey Rixter, Can you see the cashbond strategy being dusted off and brought back to prominence again? I've never been down this path but I think I can see cashbonds in my future due to shattered lodoc/nodoc funding market. Regards - BJ