Holidays with Holiday Property Bond: headache-free!
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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 below how one couple have benefitted from The Holiday Property Bond, 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 around £30 – that is around £120 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.
How the Collins family chose over 30 holiday locations over a Tuscan apartment
Stephanie and Nigel Collins have been Bondholders since 2003. The couple, from Cirencester, love Italy and were seriously considering buying an apartment in Tuscany, but were put off by the legal hurdles they might face and the subsequent costs involved in maintaining the property.
“It’s doable,” says Nigel, “but we weighed up all the fors and againsts – the distance involved, the language barrier, the legal differences, the possible unforeseen costs – and it looked like a major headache in the making. In particular, the need to return to the same place every year, so cutting the variety of our holidays, was an important factor. The cons outweighed the pros!”
The Holiday Property Bond had been a consideration for some years. A Bondholder friend, meanwhile, was busy singing the praises of HPB at every opportunity. Eventually the Collinses decided this “Bond” scheme merited further investigation so, when invited to an Open Day at HPB’s Buckland Court home in the Cotswolds – the nearest site to them – they decided to go along for a look-see. They were so impressed they invested there and then.
“We have had such a brilliant time since becoming Bondholders,” says Stephanie. “To date we have visited 12 sites: Stigliano, Tuscany, as you might expect; Le Mont de St Siméon, Île de France, just east of Paris; Viehhofen, Austria; Encosta Cabo Girão, Madeira (twice and we’re booked to go again); Tigh Mor Trossachs, Perthshire; Henllys on Anglesey and St Brides Castle, Pembrokeshire (brilliant to have sites in North and South Wales); Lower Knapp Farm, Devon; Barnham Broom, Norfolk; Sibton Park, Kent, Duloe Manor, Cornwall and Coreggia, Puglia. We’re going to Langton House in Dorset next year, to explore the Jurassic Coast.”
“I don’t know how HPB manages to find its site managers, but they are brilliant,” Stephanie continues. “I had a nasty accident while we were at Duloe – I fell, broke my glasses and cut my face quite badly, but [site manager] Michelle [Bushby] could not have been more helpful, or capable. Mishaps do occur sometimes – but it’s so comforting to know that the management structure is in place to solve any problems quickly and expeditiously, so that we can get on with enjoying our holiday.”
More recently, Nigel and Stephanie have enjoyed a summer break in Corregia. Actually, “enjoyed” doesn’t really do it justice: they loved the site and the area. “The Coreggia surroundings are beautiful and fascinating; as well as the picturesque old town of Alberobello, there are the cave houses at Matera, Roman remains at Egnazia and the fantastic caves at Castellana Grotte. We’ve had a very interesting trip to a nearby massaria, which is a farm producing its own bread, meat and so on. The trullo we’re staying in is just beautiful: the conversion from an old derelict trullo is simply amazing. The staff are great; Andrea the gardener visits every morning before we are up and about to silently clean the barbecue, if needed, and sweep the terrace. Toni [Guido, site manager] would do anything to help everyone on site.”
So what, in the couple’s opinion, is the secret of HPB’s
success? “Actually, it’s no big secret” says Stephanie, “just a winning formula
– excellent properties in beautiful locations, consistently high standards,
with top-notch management and staff. What can I say? It’s a home from home.”
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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102 people found this feature helpful