![]() HPB's holiday benefits are provided through a Holiday Points system. To understand HPB fully and all its potential advantages, please contact us. Or call free on 08 to arrange for a representative to meet you at a place of your choosing.Īs we have already said this is a brief summary. To understand fully how HPB works and to decide on an appropriate level of investment, please book a Private Tour at an HPB holiday location, book a Personal Presentation at a hotel near you or arrange an online Video Call. Others choose to make a higher payment initially, with the average investment in 2023 being around £14,000. This is considered suitable by a number of new investors who pay this amount to try out the Bond and then go on to "top up" to increase their holiday benefits. The minimum initial payment to become a Bondholder is just £5,000. Each £1 of your initial payment adds one Holiday Point to the allocation of Holiday Points that you receive every year for as long as you hold your bond. HPB's Holiday Points system is designed to be highly flexible and one of our representatives can explain it fully. How much you should invest depends on your circumstances – in particular your holiday requirements and preferences. HPB has no borrowings and all its assets, being the holiday properties, securities and cash, are held by an independent, regulated trustee company.At least one Bondholder must take the first holiday. Whatever the cash in value the parent company of the issuer of HPB will make up any difference so that you get back the full amount of your original payment. If you take a first HPB holiday at any HPB owned property within three years of investing and are not entirely happy for any reason, you can apply to cash in your HPB investment within fourteen days of your return. All new investors benefit from a unique "Money Back Promise".As it is a financial product your capital is at risk and you should not expect to get back the full amount you have paid. You will be given everything you need to understand HPB and in particular the risks as well as the benefits, including restrictions on when you can cash in your HPB investment. As the Holiday Property Bond is a financial product, technically a life assurance bond, its marketing and promotion requires that we are authorised and regulated by the Financial Conduct Authority.The only additional payment is a modest quarterly fee under £38 (that is around £150 a year), linked to RPIX.When you book a holiday you pay a no-profit user charge to cover the actual costs of running and maintaining the properties rather than a commercial rental charge. ![]() HPB's holiday benefits continue every year as long as you or your heirs hold the investment.The number of Holiday Points required for a property depends on its location and size and the time of year you want to go. You can use these Holiday Points to book the HPB property of your choice. Every £1 of your initial payment gives you one Holiday Point every year.The HPB fund has an initial charge of 25% and the fund itself pays annual charges of around 2.5% of its net assets at cost, calculated monthly, as well as overheads. An initial payment of as little as £5,000 gives you units in the HPB fund which holds the entire portfolio of villas, cottages and apartments, as well as a securities portfolio, the returns from which go towards management costs.HPB Assurance Limited reserves the right to decline an application at its sole discretion. We are now unable to accept new applications from residents of EU countries and some other jurisdictions. 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. HPBM promotes only HPB and is not independent of HPBA. The Securities Adviser is Stanhope Capital LLP of 35 Portman Square, London W1H 6LR. The Trustee of HPB is Equiom (Isle of Man) Limited, registered at Jubilee Buildings, Victoria Street, Douglas, Isle of Man, IM1 2SH. ![]() HPB is issued by HPB Assurance Limited (HPBA) registered in the Isle of Man and authorised by the Financial Services Authority there. HPB is available exclusively through HPBM. 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.
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