![]() 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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