Access Bond
An access bond offers the mortgagee or home owner an unique way to effectively manage their money through their mortgage account. Instead of depositing your salary or wage via a conventional saving accounts, your salary/wage is deposited into your mortgage account thus reducing the interest and the duration of the mortgage loan. An access bond allows you to access any surplus funds in your mortgage account.
Bond News:
Bond Originators : Standard Bank's property book for the first seven months showed an average monthly decline of 3.8% in the median house price. Standard Bank Home Loans