Established in 1983, with over £200m under management, the Holiday Property Bond is a whole of life assurance bond that invests, primarily, in holiday property.

Quite unlike traditional 'shared ownership' schemes, the Bond offers its 39,000 investors an interest in an entire portfolio of over 1,100 exclusive cottages and apartments throughout the UK and Europe - properties which they are then entitled to use, rent-free, for life.

It's a privilege they can pass on to their children, too.

The Further Information below explains how the Bond works.

Our aim, within these pages, is to answer the most commonly asked questions about the Bond, using investors ’ own stories wherever possible. In the unlikely event that you are unable to find the information you’re seeking, please send us an email.

Further Information: The Bond is a life assurance bond investing, after initial charges, in properties and securities. Properties are booked for a no profit ‘user charge’ and Points issued with the Bond. There is a quarterly fee of around twenty-five pounds including VAT linked to RPI, with all other management fees paid from securities. Investment is from £4,000. You may encash after two years at a value linked to that of the properties and securities but you may not see a profit and may incur a loss because of initial charges and fluctuations in asset values. In exceptional circumstances encashment may be deferred for up to twelve months. No medical examination required.

This advertisement is issued by HPB Management Limited (‘HPBM’) of HPB House, Newmarket, Suffolk CB8 8EH. HPBM are authorised and regulated by the Financial Services Authority and are the main UK agent for Holiday Property Bond (‘HPB’), issued by HPB Assurance Limited (‘HPBA’) registered in the Isle of Man and authorised by the Insurance and Pensions Authority there. Holders of policies issued by the company 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.

The Trustee of HPB is HSBC Trustee (Isle of Man) Limited registered at 3rd floor, Belgravia House, Circular Road, Douglas, Isle of Man IM1 1AE. The Securities Manager is Morgan Stanley & Co. International Limited registered at 25 Cabot Square, Canary Wharf, London E14 4QA. The Property Manager is HPB Management (International) Limited (‘HPBMI’) registered at Ground Floor, Neptune House, Marina Bay, PO Box 67, Gibraltar.

HPBM, HPBA and HPBMI are part of the HPB Marketing Group and are not independent of each other. HPBM is able to advise only on HPBA's products.

HPB Management Ltd. Registered in England, No.1581593. Registered Office HPB House, Newmarket, Suffolk, CB8 8EH.