Fractional ownership is a cost effective way of purchasing and using a second home in London. There are many benefits associated with shared ownership property including:
PURCHASE PRICE: Naturally, by investing in a fraction of a property, the purchase price and taxes are split between the owners and are dramatically reduced.
REDUCED RUNNING COSTS: Maintenance fees, management fees, taxes and other fixed costs are shared by fractional owners. This substantially reduces the financial burden often associated with owning a second home.
TAILORED USAGE: Most people don't tend to holiday for more than a set allocation of weeks per year. Fractional buyers can purchase an amount time in a property, which they will actually use. Therefore, they don't have to worry about renting it when they are not there, to justify the expense and most probably pay the mortgage!
LESS COMMITMENT: Fractional ownership gives you an ability to experience a second home and location fully, however, only having to commit to a fraction of the purchase and running costs.
LESS EXPOSURE TO INTERNATIONAL MARKETS AWAY FROM HOME: During times of economic slowdown, ever changing Mortgage & Exchange rates, buyers can reduce their risk and exposure to foreign markets by not having to outlay the purchase & running costs for an overseas property on their own.
LESS HASSLE: Appointed management companies take the pain out of second home ownership. When you turn up, everything is ready and in perfect working order.
INVESTMENT: Due to the fact that fractional buyers own a share of the "bricks and mortar", they can benefit from any increase in the property's value.
EASY ENTRY: Fractional ownership gives buyers the ability to get on the International property ladder at a much lower cost. The buyer can still experience capital growth and all the other lifestyle benefits associated with whole ownership of a property overseas.
SUPERIOR PROPERTY OWNERSHIP: Fractional shares allow buyers to buy an share of a far more superior property than they would be able (or would like) to purchase outright.
