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Fraction of the Cost

TowerMany of us have dreamt of owning a beautiful second home, maybe in the UK, on the south coast or perhaps some sundrenched location overseas.

Fractional Ownership has significant advantages over traditional second home ownership. A property of considerably higher value than the capital outlay required can be enjoyed. All the usual concerns of second home ownership in relation to maintenance and security are taken care of by a management company and all costs are shared. In addition the value of a fractional share will run in tandem with the usual property market.

Each cottage is divided into four equal shares. Unlike some holiday schemes, fractional ownership actually gives you ownership of one quarter of the property on a 999 year lease. This represents a real investment in bricks and mortar.

All you need to do for your five weeks is to turn up and relax. You need not be concerned about maintaining or managing your second home and we can even rent out your weeks for you if you so choose.

Fractional ownership makes owning a holiday home affordable, with prices from just £35,625.

But for many people the idea of owning the property themselves is a daunting prospect particularly if they are not going to be in full time occupancy. Maintenance can be a headache and there are the normal problems of keeping the property clean and tidy and ensuring that regular bills are paid whilst you are not in residence.

SeaWhen you analyse your requirements it may be that you may only want to reside in the property for part of the year so why have the headache of full time ownership especially when the concept of renting out the property to help with expenses turns out to be an unrealistic option.

For more information regarding our ‘Fraction of the cost’ scheme please contact us.

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