How the Holiday Property Bond works

An initial payment from £5,000 gives you units in the HPB fund, and access to all HPB’s holiday homes.
Your money is invested into a fund of holiday properties and securities after an initial charge of 25%. The fund itself meets annual charges of 2.5% of its net assets at cost, calculated monthly.

Each £1 gives you one Holiday Point, every year. You use your Points to book the HPB property of your choice. (The number of points you need depends on the property’s location and size, and the time of year you go.)
When you book a holiday you pay a no-profit user charge to cover the costs of running and maintenance, and the use of all on-site facilities.
 
The only other payment is a quarterly fee under £39 (that is around £155 a year), linked to RPIX.
Your investment return is purely in the form of holidays and, as with most investments, your capital is at risk. You should not expect to get back the full amount you have paid.

Become a Bondholder and you benefit from our unique ‘Money Back Promise’. 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. Whatever the encashment 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. At least one Bondholder must take the first holiday.

HPB has no borrowings. All its assets – the holiday properties, securities and cash – are held by an independent, regulated trustee company.

The Holiday Property Bond is a financial product, which means that we are authorised and regulated by the Financial Conduct Authority. You will be given everything you need to understand HPB, including the risks as well as the benefits and any restrictions on when you can cash in your HPB investment.