How the Holiday Property Bond works

An example of the figures

The minimum initial payment to become a Bondholder is just £5,000. The average investment in 2023 was £14,000.

You also pay a quarterly fee of under £38 (about £150 a year), linked to RPIX.

The average user charge for a studio for a week is around £360 and around £540 for a two-bedroom property.

Holiday with confidence, thanks to our Money Back Promise

We are so confident that you will enjoy holidaying with HPB that we are making you this unique promise. If you are not entirely satisfied with your first HPB holiday, we will refund all of your initial investment. For full details of our promise, please see the section below.

In effect, our promise means that you have nothing to lose – and potentially a lifetime of holidays to gain.

A unique way to enjoy holiday after holiday: the details

This website is published 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.

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 £38 (about £150 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.