Confidence in the Holiday Property Bond is greater than ever
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The Holiday Property Bond offers its 42,000 investors exclusive access to over 1,400 properties across more than 30 locations. You can read below about how the confidence in the Holiday Property Bond is greater than ever, 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.
Confidence in the Holiday Property Bond is greater than ever
In these uncertain times, when people
are afraid to book holidays and many of those who have had to cancel have no idea if they
will get their money back, HPB has been overwhelmed by the show of confidence
from its investors. ‘Bondholders’, as these investors are known, have been greatly encouraged by the way HPB has handled the COVID-19 pandemic and the adapted
cancellation policy that was introduced. They have continued to refer their family and friends to HPB by the hundreds and are even continuing to add money themselves so increasing their holiday entitlements ready for when it is safe to travel again.
HPB always puts its Bondholders’ needs
first and those Bondholders are unashamedly proud of their product. Marketing of the Holiday
Property Bond is through a company authorised and regulated by the Financial Conduct Authority and there is a
Bondholder Committee with a majority of independent members that provides investor feedback to management. HPB has never borrowed money, it continues to grow its portfolio of holiday properties only through new investor funds.
Communication has been paramount
during the coronavirus crisis and HPB has ensured that its Bondholders were
kept up to date with cancellation policies and assured that they would not lose any of their holiday entitlement. HPB Travel
Club, which is fully ABTA and ATOL protected, has worked tirelessly to repatriate
those Bondholders who were at HPB's overseas sites, and to organise full
refunds for travel arrangements that had to be cancelled.
Going above and beyond
In March 2020 it became clear very
quickly that Bondholders would need to be repatriated as quickly and as
efficiently as possible in the light of the travel bans and imminent UK
lockdown. With a lot of hard work from the team in the Travel Club, the
majority of Bondholders were safely back home by 27 March
2020. Through a series of unfortunate flight cancellations, 10 Bondholders
remained stranded in Turkey with their only option for leaving the country
being a very arduous, multi-leg, journey. The decision was made to step in.
“The safety and comfort of our
Bondholders has always been, and will always be our main priority,” says James Boyce,
Managing Director of HPB Management Limited. “During these unusual circumstances it was essential
that we found a way to return them to their families.” A private jet was
chartered to retrieve them, meeting the Bondholders at Izmir on Friday 3
April. The jet instantly turned for England, arriving safely at Stansted
Airport within four hours, enabling the passengers to finally make their way
home. “I am hugely impressed by the team’s diligence and commitment to this
situation,” Mr Boyce concluded, “and was glad to have the group back safely.”
Read positive feedback from Bondholders themselves, and find out why HPB instils such confidence in its investors in a special edition of the Bondholders’ quarterly magazine.
Important Information
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.
Silver Travel Advisor recommends Holiday Property Bond.
You may also find interesting:
- Celebrating Holiday Property Bond's Differences
- Discovering more about HPB is easier than you think
- Holiday Property Bond Winter Sunshine Breaks
- Holidays with a difference
- Holidays with Holiday Property Bond: headache-free!
- One Bond, two weddings and a lifetime of family holidays
- Over 100 glorious holidays with Holiday Property Bond
- Spreading the word about HPB
- Bringing families together
- How a single holiday home became countless holidays
- How far can your Holiday Points go?
- It’s a Dog’s Life
- Travelling Solo with the Holiday Property Bond
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