From studying other pages in this website you will have seen that the PANTHEON Bond offers an attractive alternative to raising funds to pay the deposit at exchange of Contracts.

Purchasing a property with the guarantee of a PANTHEON Bond allows the Purchaser either to avoid borrowing or to maintain existing assets and investment earning until close to completion when the funds are required

If the client has chosen to use the PANTHEON Bond, he/she will need to apply for a quotation and underwriting acceptance online. The Sale and Purchase agreement will need to include reference to the PANTHEON Bond, in lieu of cash deposit.

As part of the process of issuing the PANTHEON Bond, and the Insurer guaranteeing your clients payment obligations under the contract (to the extent of the 10% cash deposit), your client will have also signed an indemnity in favour of the Insurer. In the event that the Vendor calls the bond because of your client's default, the Insurer will pay the Vendor and seek recovery from your client. The PANTHEON Bond does not change your client's obligations under the Sale and Purchase agreement, it merely offers him/her the attractive alternative of deferring payment of the deposit until completion

Please refer to the Vendor's solicitor who will be able to confirm acceptability of the Pantheon Bond in lieu of deposit.

If you have any queries please feel free to contact us.