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Fractional Ownership implies shared ownership or in other words co-owning a holiday home.

 

The property is owned by a private company with a number of shareholders. The number of fractions determines the number of shares. You would therefore be a shareholder of a private company that owns the property outright and your percentage shareholding in the company will constitute the size of your share in the property.

 

The benefits of Fractional Ownership

 

Cost effectiveness - You only pay for what you use. Owning a holiday home outright results in it costing you 100% yet you only have limited use thereof,

 

Affordability - Leisure property has become very costly to acquire and maintain. Sharing these costs makes financial sense,

 

Capital growth - You benefit directly from the growth of the asset.

 

It is a cost effective way of owing a part holiday home, you only pay for what you use.