Misc

Deposit Power to power up

Deposit Power Guarantees, which provides an alternative to paying a cash deposit on a house, is about to crank up its marketing efforts in New Zealand.

Thursday, February 12th 2004

Deposit Power, which is ultimately owned by Promina, formerly Royal & SunAlliance, started operating here last year, but that was just "a very soft launch," says general manager Steven Watters.

He says that is about to change.

Deposit Power is for people who for whatever reason can’t or don’t want to produce a cash deposit can pay Deposit Power a fee of 1.2% of the deposit and Deposit Power will guarantee the vendor that the transaction will be settled.

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Unity First Home Buyer special 3.99
ICBC 4.25
SBS FirstHome Combo 4.29
Co-operative Bank - First Home Special 4.35
TSB Special 4.39
Co-operative Bank - Owner Occ 4.45
ANZ Special 4.49
ASB Bank 4.49
SBS Bank Special 4.49
Unity Special 4.49
Westpac Special 4.49
Westpac Special 4.45
BNZ - Std 4.49
Kiwibank Special 4.49
TSB Special 4.49
ANZ Special 4.49
ASB Bank 4.49
Co-operative Bank - Owner Occ 4.49
ICBC 4.59
Wairarapa Building Society 4.59
SBS Bank Special 4.65
Unity Special 4.65
SBS Bank Special 4.99
Westpac Special 4.99
ICBC 4.99
BNZ - Std 4.99
ASB Bank 5.15
Co-operative Bank - Owner Occ 5.19
ANZ 5.39
AIA - Go Home Loans 5.39
TSB Special 5.39
Kiwibank Special 5.39
Kainga Ora 5.49
SBS FirstHome Combo 3.44
SBS Construction lending for FHB 3.74
CFML 321 Loans 4.25
AIA - Back My Build 4.44
Co-operative Bank - Standard 5.30
Co-operative Bank - Owner Occ 5.30
ICBC 5.39
Heartland Bank - Online 5.45
Kiwibank - Offset 5.80
Kiwibank 5.80
ANZ 5.89

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