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I'm going to go out on a limb and say I don't believe this is correct. Would like to see document stating that 'security guarantees' will effect your servicing... could be wrong it's Friday :)

So you're saying that each time a family guarantee is completed when they go to borrow they have to include that liability, which then impacts their serviceability. Do you have documents of this, would be interested to read.

Liable yes, it's a security guarantee. Always going to be liable. Because it's not that much trouble, and who really pays that much fees these days? What a wealth package fee, likely have a loan already. Still only 1 settlement fee as it's only 1 property. And paying a once of legal fee to...

I'll take that bet.

I don't think that's the point Rolf. You have to expect that it can be sold off, it's a guarantee not a free lunch. How could you expect the bank to take 1/2 security, don't even know why you would bother asking. How about this, tell me how other banks consider the debt for the other person...

It's a good product and it woks. Regarding fees can't have your cake and eat it as well. If the product suits the fee is worthwhile, and I haven't found too many that use the property share that don't have or planning to have other personal lending

CBA does property share. Loan in each applicants name guaranteed by the other party.