Coposit is a free app designed around making property buying easier. With the option to segment your 10% deposit over the construction timeframe and undertake a contactless, paperless exchange process. It has been designed to assist the many people looking to get into the property market, who find it difficult to save for a deposit.
By segmenting property deposits into a series of weekly payments, Coposit aims to facilitate an affordable and simple route into the property market.
If you’re looking to buy a new property, whether you are a first home buyer trying to get on the ladder, an investor looking to expand your portfolio or simply someone looking for a new home – Coposit is for you!
Coposit gives those struggling to save their 10% deposit a leg up and also benefits investors and existing home owners by freeing up capital and fast-tracking (and simplifying!) the buying process.
How does it work?
1. Browse our Coposit property listings via the app or find us in client project sales offices
2. Become Coposit Approved (a few simple questions which helps us confirm your identity and desired property).
3. Enquire on your preferred development and arrange an appointment with one of our Coposit Sales Team to discuss available apartments via our Sales Offices in person or virtually via video conference
4. Secure your property with a $2,000 holding deposit
5. View and sign your Sales Contract electronically and contactless
6. You can select to pay Weekly payments of your segmented 10% deposit for the duration of the construction period.
7. Received live updates for construction of the project and notifications to ensure your finances (mortgage) with your preferred financial institution is sorted prior to settlement