The Fractional Concept
All the benefits of Freehold Home Ownership
Fractional Ownership suitably structured by The Fractional Ownership Consultancy allows several unconnected buyers to combine their resources and collectively OWN a beautiful property.
Fractional Ownership meets the needs of many more potential buyers:
- Those who would love to buy their holiday home but lack the funds
- Others who may have the funds but recognise it makes no economic sense to own a property outright for maybe 6-8 weeks occupation a year
- Those who would like to test holiday home ownership before making a larger investment
- Those who see fractional ownership as a way of spreading their portfolio and reducing their financial exposure
but at a Fraction of the Cost.
By owning a fraction of the equity a buyer is only committed to paying the same proportion of the annual costs. So, the owners of say a quarter share can enjoy up to 13 weeks a year occupancy and only pay 25% of the total annual management and administration costs.
Financially it makes great sense!
Fractional Ownership v Timeshare
What is the difference?
The media have covered every aspect of Timeshare and the residual impression is not generally good for the property market. The simple notion that people can have guaranteed occupancy rights for a defined period each year is excellent. But in practice, so many bad experiences have tarnished the business.
Fractional Ownership in the form of OwnerShare allows a number of unrelated buyers to enjoy occupancy rights based on equity ownership. Each owner gains from any appreciation in the property value and can sell their interest at market value at any time.
