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How Fractional Ownership Works

Buying a Fractional Ownership freehold property is slightly different and cheaper than buying a full freehold, it also has its own legal structure. This guarantees the safety of your purchase and allows the correct management of the property.

As there are eight owners, a UK company is set up to buy the property and then eight equal owners buy into the company, in turn becoming equal equity owners of the property.

When you buy 12.5% of the property, you actually buy 12.5% of the company.

Why? - This structure is essential to ensure the security of your investment. It prevents any of your co-owners from using the property against a loan or debt.

Your share in the company entitles you to use the property for 6 weeks a year on a rotating basis following the chart below. You can agree through your property manager to swap weeks if you don’t want to use any of your allocated time for that year.

Alternatively, you can rent out any spare weeks to gain an income from your property. The management company will help you to do this.

 

Owners Usage Chart

                                                                                                                                                                 

  Year One Year Two
Share Weeks 1 Weeks 2 Weeks 3 Weeks 1 Weeks 2 Weeks 3
A 1 and 2 18 and 19 35 and 36 16 and 17 33 and 34 51 and 52
B 3 and 4 20 and 21 37 and 38  1 and 2 18 and 19 35 and 36
C 5 and 6 22 and 23 40 and 41 3 and 4 20 and 21 37 and 38
D  7 and 8 24 and 25 42 and 43 5 and 6 22 and 23 40 and 41
E 9 and 10 27 and 28 44 and 45 7 and 8 24 and 25 42 and 43
F 11 and 12 29 and 30 46 and 47 9 and 10 27 and 28 44 and 45
G 14 and 15 31 and 32 48 and 49 11 and 12 29 and 30 46 and 47
H 16 and 17 33 and 34 51 and 52 14 and 15 31 and 32 48 and 49

  

  Year Three
 Year Four
Share Weeks 1 Weeks 2 Weeks 3 Weeks 1 Weeks 2 Weeks 3
A 14 and 15 31 and 32 48 and 49 11 and 12 29 and 30 46 and 47
B 16 and 17 33 and 34 51 and 52 14 and 15 31 and 32 48 and 49
C 1 and 2 18 and 19 35 and 36 16 and 17 33 and 34 51 and 52
D 3 and 4 20 and 21 37 and 38  1 and 2 18 and 19 35 and 36
E 5 and 6 22 and 23 40 and 41 3 and 4 20 and 21 37 and 38
F 7 and 8 24 and 25 42 and 43 5 and 6 22 and 23 40 and 41
G 9 and 10 27 and 28 44 and 45 7 and 8 24 and 25 42 and 43
H 11 and 12 29 and 30 46 and 47 9 and 10 27 and 28 44 and 45

  

  Year Five Year Six
Share Weeks 1 Weeks 2 Weeks 3 Weeks 1 Weeks 2 Weeks 3
A 9 and 10 27 and 28 44 and 45 7 and 8 24 and 25 42 and 43
B 11 and 12 29 and 30 46 and 47 9 and 10 27 and 28 44 and 45
C 14 and 15 31 and 32 48 and 49 11 and 12 29 and 30 46 and 47
D 16 and 17 33 and 34 51 and 52 14 and 15 31 and 32 48 and 49
E 1 and 2 18 and 19 35 and 36 16 and 17 33 and 34 51 and 52
F  3 and 4  20 and 21 37 and 38 1 and 2 18 and 19 35 and 36
G 5 and 6 22 and 23 40 and 41 3 and 4 20 and 21 37 and 38
H 7 and 8 24 and 25 42 and 43 5 and 6 22 and 23 40 and 41

  

  Year Seven
 Year Eight
Share Weeks 1 Weeks 2 Weeks 3 Weeks 1 Weeks 2 Weeks 3
A 5 and 6 22 and 23  40 and 41  3 and 4  20 and 21  37 and 38
B 7 and 8  24 and 25 42 and 43 5 and 6 22 and 23  40 and 41 
C 9 and 10 27 and 28  44 and 45  7 and 8  24 and 25 42 and 43
D 11 and 12 29 and 30 46 and 47 9 and 10 27 and 28  44 and 45 
E 14 and 15  31 and 32 48 and 49  11 and 12 29 and 30 46 and 47
F 16 and 17 33 and 34 51 and 52 14 and 15  31 and 32 48 and 49 
G 1 and 2 18 and 19 35 and 36 16 and 17 33 and 34 51 and 52
H 3 and 4  20 and 21 37 and 38  1 and 2 18 and 19 35 and 36

 Weeks 13, 26, 39 and 50 are used for maintenance