This article was written for Silversurfers, which is now part of Rest Less.
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For many of us, holidays are about more than getting away. They are a chance to return to favourite places, discover somewhere new and make the most of time spent with family and friends. But choosing where to go can be difficult when there are so many wonderful destinations to explore. What if you didn’t have to choose just one?
The Holiday Property Bond offers a different approach to holiday property ownership, giving Bondholders access to more than 1,500 properties across the UK and Europe. Rather than being tied to a single destination, Holiday Points can be used to enjoy breaks in a wide variety of locations, from the British countryside to the shores of the Mediterranean.
From countryside escapes to European adventures
One year, you could find yourself exploring the historic villages and rolling landscapes of Tuscany. HPB Stigliano sits among vineyards and olive groves, with the beautiful city of Siena and picturesque hilltop towns within easy reach. Days can be spent discovering the region, enjoying leisurely lunches or taking in the scenery.
For a change of pace, HPB Tigh Mor in the Scottish Highlands provides a peaceful setting surrounded by dramatic Highland scenery. Days might be spent walking through the spectacular landscape, visiting nearby castles and villages or enjoying the tranquillity of this beautiful corner of Scotland.
And when sunshine is calling, there are plenty of European destinations to choose from. At HPB Rocha Brava, on Portugal’s Algarve coast, Bondholders can enjoy the region’s dramatic coastline, golden beaches and charming towns, while HPB Encosta Cabo Girão offers spectacular views across Madeira’s Atlantic landscape.
Your time, your choice
Perhaps one of the greatest attractions of the Bond is that your holidays don’t have to look the same every year. You might choose a familiar favourite for a relaxing break, then later in the year explore somewhere you’ve never visited before.
There are also opportunities to make your stay about more than sightseeing. HPB’s programme of Theme Weeks and activities allows Bondholders to pursue interests such as walking, photography, crafts, food and fitness, often alongside others who share the same enthusiasm.
It’s this combination of choice, flexibility and quality accommodation that makes the Bond different. Rather than owning a holiday property in one location, you can experience a whole collection of destinations, each with its own character and possibilities.
More places to discover
From long summer days beside the Mediterranean and peaceful countryside escapes closer to home to exploring Europe’s historic towns and villages, HPB offers plenty of ways to make your holiday time work for you.
The only question is, where will you go first?
Compliance
An initial payment from £5,000 and a quarterly fee of under £39 (that is around £155 a year), which can increase in line with but not exceed the Retail Price Index Excluding Mortgage Interest (RPIX), gives you access to all HPB’s holiday homes. For each HPB holiday you will pay a no-profit user charge covering only property running and maintenance costs, and use of on-site facilities. The charge is the same throughout the year – there are no high season premiums. The average weekly charge for a studio sleeping two is around £388 and around £597 for a two-bedroom property, larger properties are also available. After an initial charge of 25% your money is invested in a fund of holiday properties and securities. The fund itself meets annual charges of 2.5% of its net assets at cost, calculated monthly. Your investment return is purely in the form of holidays and, as with most investments, your capital is at risk. You can surrender your investment to the company after two years or more (subject to deferral in exceptional circumstances) but you will get back less than you invested because of the charges referred to above, as well as other overheads and changes in the value of the fund’s properties and securities.
This advertisement is issued by HPB Management Limited (HPBM), the main UK agent and the property manager for HPB, authorised and regulated by the Financial Conduct Authority, registered at HPB House, Newmarket, Suffolk, CB8 8EH. HPB is available exclusively through HPBM. HPB is 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 Equiom (Isle of Man) Limited, registered at Jubilee Buildings, Victoria Street, Douglas, Isle of Man, IM1 2SH. The Securities Adviser is Stanhope Capital LLP of 35 Portman Square, London W1H 6LR. No medical examination is required. 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. We are now unable to accept new applications from residents of EU countries and some other jurisdictions. HPB Assurance Limited reserves the right to decline an application at its sole discretion.