The Holiday Property Bond – Bringing families together
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The Holiday Property Bond offers exclusive access to over 1,400 properties to its 42,000 investors across more than 30 locations.
You can read about holidays for the whole family, but first a brief explanation about the Holiday Property Bond.
A. How can I holiday better?
Invest from £5,000 in the Holiday Property Bond for exclusive access to a portfolio of over 1,400 top quality villas, cottages and apartments in over 30 locations across the UK and Europe. For each £1 invested you will receive one Holiday Point each year which you can use to book the properties. And when staying in them you do not pay a commercial rent, just a no-profit user charge covering actual running, maintenance and refurbishment costs. This charge is level throughout the year so there are no high season premiums. For a studio for two the charge averages about £300 a week, for a two bedroom property sleeping up to six around £460 a week. And there are larger properties available. This no-profit user charge is only payable when you want to go on holiday. Your only ongoing commitment is a quarterly fee of just over £30 – that is around £125 a year.
B. Will there be more properties in the future?
As we attract more investors the more properties we will add to the portfolio – increasing your holiday choice still further.
C. How long can I holiday with HPB?
For life if you wish – the holiday benefits last as long as you hold the Bond. In due course you can pass it and the holiday benefits to your children and grandchildren, as many of our earlier investors have already done. If, however, at some point you and your family no longer wish to holiday with us you can surrender your Bond back to the company after two years or more (subject to deferral in exceptional circumstances). You will not get back the full amount you invested, although we would hope that you will have had some wonderful holidays. What you do get back will reflect initial charges (25%) taken before your money is invested in the HPB fund of holiday properties and securities. The fund itself also pays annual charges of around 2.5% and other overheads. The value of the fund’s properties and securities can also go up or down and so, like most investments, your capital is at risk.
Holidays for the whole family
“We invested in HPB in early 2018, and we’ve never looked back. But if ever the Bond proved its worth, it was our week at Lower Knapp Farm.” – Marion Walker
Marion Walker and husband Jim were no strangers to the Holiday Property Bond. “It’s long featured on our radar,” Marion explains. “Jim’s sister Margaret is a Bondholder; her daughter has invested in a Bond of her own; and we have numerous Bondholder friends. In fact, we enjoyed HPB holidays with existing Bondholders some time before we invested ourselves.”
So Jim and Marion didn’t need much convincing? “No,” says Jim, “but how we actually signed up is a story in itself.”
Which we’re happy to tell.
Before retirement, Marion and Jim lived in Surrey, where Jim worked as a management consultant, Marion in tourism and marketing. Once they’d given up work, however, Jim and Marion – proud Scots, both – returned north of the border: to Elgin in Moray, in the north-east.
Once they’d decided to become Bondholders, the Walkers were keen not to waste time. “It was towards the end of 2017,” Marion recalls, “and we knew that if we wanted to get the best possible terms, we needed to invest before the end of the year. The Bond is a fantastic deal – but inflation is inflation, and prices do go up; it’s a fact of life.”
An appointment was made to meet HPB representative David Gray – himself a Bondholder – at Tigh Mor Trossachs, the Bond’s fairytale Perthshire castle, to sign the paperwork. However, the wintry Scottish weather put paid to that; the meeting had to be postponed until after New Year.
“Meaning that, by rights, David (and by extension HPB) could have revised the figures to take account of the New Year price rise,” says Jim. “But he didn’t; we had agreed terms, and the weather was no-one’s fault. We thought that showed real generosity of spirit on David’s, and HPB’s, part.”
Since becoming Bondholders, the Walkers have chalked up an impressive tally of HPB holidays. As well as Tigh Mor, Jim and Marion have sojourned at the Ivy House in Cumbria, one of the Bond’s two hotels; Sibton Park, HPB’s country pile surrounded by 43 acres of the finest Kentish countryside; Duloe Manor, a Queen Anne former rectory in the heart of Cornwall; Encosta Cabo Girão in Madeira, Portugal’s “Island of Eternal Spring”; El Pueblito de Alfaix in southern Spain, “where we made friends with some fellow Scots”; and Rocha Brava on the Algarve – year-round warmth and fabulous facilities. Roughly one holiday every three months: impressive by any standards.
“We’ve loved every one!” Marion exclaims. “And there’s always so much to do. We like walking – and all the sites are surrounded by fabulous walking country. Birdwatching: not that we’re mustard-keen birders, but there are always plenty of feathered friends around the locations to make it interesting. Gardens – I’m big on horticulture: both getting my hands dirty, and picking up ideas from what others have created; and let’s just say HPB clearly sets great store by making the best of its surroundings. And photography: more me than Jim, but there is so much around the sites, and locations, that’s absolutely picture-perfect.”
However, Marion and Jim’s single-biggest reason for joining HPB was to revel in family time with their children and grandchildren – and the couple’s most recent Bond break, at Lower Knapp Farm, saw that dream realised for the first time.
“We had our children when we were living and working down south,” Marion explains, “so for Clare and Fraser and their families, the Home Counties are just that: home. Which of course means that we don’t get to see our kids and grandkids as often as we might. But HPB provides the means – the mechanism, if you will – whereby we can all get together for some extended quality time.”
And so the clan gathered at the Bond’s Devonshire home.
“It was simply superb,” says Jim. “We booked three properties, close together but giving us independence when we wanted it – and I can’t think of any other way we could have afforded to do that, nor had the opportunity. The staff, led by site manager Libby Pridmore, were fantastically helpful (as they all are actually, in our experience). Everything we needed was provided, including cots for the little ones. Actually, the facilities for children are brilliant: Harrison and Finlay, our two older grandkids, had an absolute ball. But the high point was surely a trip, arranged by Libby, to Hugh Fearnley-Whittingstall’s River Cottage Food Fair. Wonderful victuals, as you’d expect; loads for the children to enjoy; and all in a beautiful rural setting. It really was ‘fun for all the family’. Actually, since the holiday included celebrating youngest granddaughter Lia’s first birthday, you could truly say it was the icing on the cake!”
“It takes some planning, a holiday like that,” says Marion, “and we won’t be able to do it every year; everyone leads such busy lives! But it was such a success that we’re already synchronising our diaries for the next one – maybe three years hence: the structure of HPB, how the system works, is such that it pays to plan ahead. Though in the meantime, we hope Fraser and Clare will be able to holiday on our Bond; maybe – at least until the children’s education gets serious – taking advantage of HPB’s short-notice Points-free scheme.”
“And naturally, they’ll inherit our Bond in due course,” Jim adds. “But we’re so delighted we finally took the plunge. Marion and I are loving our free time, and looking forward to many more Bond breaks; but holidays with the family are extra-special and we have HPB to thank.”
You can enjoy holidays like this too
Find out more about how you can take your pick from over 1,400 holiday properties at more than 30 stunning locations in the UK and throughout Europe. Click here for your free HPB information pack, with full colour brochure and introductory DVD.
This advertisement is issued by HPB Management Limited (HPBM) registered at HPB House, Newmarket, Suffolk, CB8 8EH. HPBM is authorised and regulated by the Financial Conduct Authority and is the main UK agent and the property manager for HPB, issued by HPB Assurance Limited (HPBA) registered in the Isle of Man and authorised by the Financial Services Authority there. The Trustee of HPB is HSBC Trustee (C.I.) Limited registered at HSBC House, Esplanade, St Helier, Jersey, JE1 1GT. The Securities Manager is Stanhope Capital LLP of 35 Portman Square, London, W1H 6LR.
HPBM promotes only
HPB and is not independent of HPBA. Holders of policies issued by HPBA will not
be protected by the Financial Services Compensation Scheme if the company
becomes unable to meet its liabilities to them but Isle of Man compensation
arrangements apply to new policies.
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221 people found this feature helpful