Questions people actually ask.

Groups of two to four people buying a home together in Queensland — friends, siblings, housemates. It assumes you already trust each other enough to share financial details, because the whole model depends on that.

Neither. CoHomed does not lend, does not arrange finance, does not recommend lenders or brokers, and does not receive commission from anyone. It prepares documents and sets out published information.

No. CoHomed prepares documents from information you provide and presents the published criteria for government schemes. It does not advise on whether co-ownership suits you, what you can borrow, or whether you qualify for anything. Get a Queensland solicitor to review your documents before signing.

No. Deposits, mortgage repayments and shared costs all happen outside the app, between you and whoever you bank with. CoHomed never sits in the middle of a payment.

A single fee of $499 per house, paid once when you generate the document pack. Setting up the house, entering details and working through the schemes are all free. There is no subscription.

Every state has its own duty regime, grant schemes and governing legislation. Rather than half-support eight jurisdictions, CoHomed covers Queensland properly and adds states one at a time.

By default, in proportion to what each person contributes to the deposit. The app shows the calculation to everyone in the house, and the agreed split is recorded in the co-ownership agreement. What you ultimately agree is your decision — confirm the structure with your solicitor.

Every joined member of your house. That is deliberate: a split cannot be agreed fairly if people cannot see what it is based on. The app tells you this before you enter anything, and nobody outside your house sees it.

The co-ownership agreement is where that gets dealt with — exit terms, notice, and how a departing owner’s share is valued and bought out. It is one of the main reasons to have the agreement in place before you buy rather than after something goes wrong.

The scheme has a cap on the number of applicants, so a larger house may not be able to use it. The app flags applicant caps against your house size rather than letting you plan around something you cannot use. Confirm the current rules with Housing Australia.