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MoneyMe’s Bond Assistance NSW offers help to renters in NSW who require assistance paying a bond or a deposit on a private rental property. Bond Assistance NSW can give a rental property hunter the confidence to search for the property they want, knowing they will have the funds needed to pay the bond.
A recent survey on global housing affordability ranked Sydney second last in the entire world in terms of housing affordability, second only to Hong Kong. So it’s no wonder more people in NSW have been turning to renting than ever before! Unfortunately, Sydney also remains the most expensive city in all of Australia for renters too.
Luckily, there are options available to Sydney renters to help ease the pain of securing a rental property in NSW – such as Bond Assistance NSW.
While regular rental payments may be challenging enough to budget for, help with paying the upfront cost of a deposit could mean the difference between securing the rental property that’s right for you, and letting it slip away.
Renting in NSW has many benefits over buying. Because house prices in NSW are currently so exorbitant, it’s often possible to rent in a more favourable neighbourhood than you may have been able to buy in.
If you rent, you also won’t need to pay for maintenance costs, repair bills, real estate taxes, or any number of other costs that come with buying a property.
Renting also gives you all the flexibility you need in the world if you want to change locations – especially knowing that funds for Bond Assistance NSW are a short application process away. This means not being tied down to a property or a location that doesn’t end up meeting your expectations or needs.
Applying with MoneyMe is fast, simple, and easy. Simply head to our website, click on the "Apply Now” button, and follow the simple instructions. The process should take a few short minutes, and the money could be yours within the same day, depending on your financial institution.
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