Swipe right to buy your first home

A new web platform described as a ‘dating app but for home-ownership’ says it can help users enter the property market in half the time it usually takes.

Mortgage Mates – the brainchild of Perth-based mates Daisy Ashworth and Jess Vesely – uses algorithms to match you with like-minded individuals who share similar housing preferences but also don’t yet have a big enough deposit to crack the property market.

Ways you can search for ‘mates’ include Australia-wide location options, housing choices (apartment, unit, house or land packages), price, age and gender.

Once connected and keen to buy, the duo say they can link you with legal services to help you safely and securely enter the property market.

The co-founders say that by matching up with another user who shares your housing aspirations you can have the security of home-ownership over renting or living in a share house.

The other major benefit of pooling your money with like-minded individuals is increasing your property options, the co-founders say.

Get in touch

So if you’re considering purchasing a property but don’t have a 20% deposit saved up yet – get in touch.

We’d love to help you plan ahead for the new year.

Visit your local branch, call 1300 314 900 or email info@capricornian.com.au

Disclaimer: The content of this article is general in nature and is presented for informative purposes. It is not intended to constitute financial advice, whether general or personal nor is it intended to imply any recommendation or opinion about a financial product. It does not take into consideration your personal situation and may not be relevant to circumstances. Before taking any action, consider your own particular circumstances and seek professional advice. This content is protected by copyright laws and various other intellectual property laws. It is not to be modified, reproduced or republished without prior written consent.

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