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  1. tobe

    Deposit bond/bank guarantee

    There isn't a great deal of difference in the short term. Longer term might save you a little interest, but not a sheep station. Getting a bank guarantee can be a little painful too in terms of running around.
  2. tobe

    Deposit bond/bank guarantee

    Correct, a bank guarantee costs money. The cost is offset somewhat by the interest in your term deposit, but it still costs money. The cost is the same using your parents equity.
  3. tobe

    Deposit bond/bank guarantee

    Couple of things, you cant use rent for servicing vacant land, so re check your serviceability. If its your intention to build on these blocks then I suggest getting a builder to prepare a fixed price contract now, and having a loan approved for this now, rather than later. You said you put...
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