HPB provides holidays for life. As it is an investment product, however, it is subject to charges, your capital is at risk and you may not be able to cash in during your first two years. Please read "How HPB works" for a summary of the principal risks and benefits.
  • Merlewood

Merlewood, Cumbria, England

As well as Grange-over-Sands - a charming little town that harks back to a more genteel age - Merlewood is well placed for a visit to Cartmel, home of the UK's smallest (and surely most picturesque) National Hunt racecourse, the Michelin-starred L'Enclume restaurant; and of course sticky-toffee pudding!

Further afield - though not much - the Lakes beckon. Coniston and Windermere are magnificent, in any season; but both offer much more than just watery pleasures: Windermere in particular, with a fabulous collection of shops and museums dedicated to local lass Beatrix Potter - fascinating for young and old alike.

At the top end of Windermere, Ambleside is perhaps the jewel in the Lake District's crown - a jaw-dropping setting, lovely architecture, plenty of welcoming pubs, shops and restaurants - and William Wordsworth.

The World of Beatrix Potter

The World of Beatrix Potter

Fun for all the family, the World of Beatrix Potter is an educational and insightful day out, with interactive exhibits helping to tell the story of Potter's writing.

There are a number of enjoyable activities such as Jemima Puddle-Duck's woodland glade and the Peter Rabbit garden. You'll also find the award-winning Beatrix-Potter themed tearoom. There is ample parking at the attraction, which is open from 10am daily.

Lakeland Motor Museum

Lakeland Motor Museum

Situated in the picturesque Leven Valley, the Lakeland Motor Museum is a must-see attraction whilst visiting Cumbria. You'll find a unique collection of road transport exhibits assembled over the last 50 years.

Suitable for people of all ages and interests, this attraction is not only accredited by Visit England but has also claimed a certificate of excellence award from Trip Advisor, providing a perfect day out, whatever the weather.

Lakeland Segway Tours

Lakeland Segway Tours

Choose Lakeland Segway for a truly memorable experience! A completely different way to explore, it is easy to see why these Segway tours have won Trip Advisor excellence awards. Take a guided trip around the Cartmel Racecourse or head off the beaten track in to the woodlands for the Adventure Tour.

On offer is a great selection of tours that include professional training, safety instruction and lots of practice to make sure you're ready to set off. Group bookings are available, although it is advisable to book in advance.

Cartmel Racecourse

Cartmel Racecourse

Fancy a day at the races? Against the backdrop of the beautiful English Lake District, Cartmel Racecourse rekindles the spirit of the original steeplechases. On a race day, large crowds descend on the centre of the racecourse for picnics and parties while the horses race around the outside. Check the official website for race details and other events at Cartmel.

South Lakes Safari Zoo

South Lakes Safari Zoo

South Lakes Safari Zoo is a 51-acre Zoo established in 1994 and packed full of amazing attractions and experiences. Get up close and hand feed the big cats or wander amongst kangaroos. The experience at South Lakes Safari Zoo is truly one of a kind. Surround yourself with some of the planet's rarest and most endangered animals during a fun-filled day out for all the family. You'll find an abundance of outdoor space; perfect for a picnic. Of course there is the usual tearoom and gift shop too.

Ravenglass and Eskdale Railway

Ravenglass and Eskdale Railway

The Ravenglass and Eskdale Railway is one of the oldest and longest narrow gauge railways in England. It was over 100 years ago that the original 3ft line closed. The heritage steam engines transport passengers from Ravenglass, the only coastal village in the Lake District National Park, some 210ft above sea level.

Journey seven miles of spectacular scenery within sight of England's highest mountains, the Scafell Range. It will take about 40 minutes to travel up the line from the stunning protected nature reserves of the Ravenglass Estuary through the ancient Eskdale Valley. During the trip, remember to keep your eyes peeled for greylag geese, curlew, shelduck, red squirrels, buzzards and other wildlife. With the option of covered and open top carriages, you'll be in the best of comfort and have plenty of opportunity to take in the scenery.

On arrival to the destination there's lots to do; stop for lunch at the cafe serving homemade food or explore with the numerous trails and walks in this beautiful pocket of the Lake District National Park.

Things to do in Ulverston

Things to do in Ulverston

The Cumbrian town of Ulverston is one of the many places of interest located close by our fantastic array of Merlewood holiday properties. A historic, interesting town in its own right, Ulverston is also surrounded by particularly beautiful Cumbrian countryside, and boasts close proximity to Morecambe Bay.

READ MORE
Things to do in Kendal

Things to do in Kendal

Those who choose to stay at one of our delightful Merlewood based properties, situated in the South of Cumbria, can expect a wide range of exciting landmarks, countryside and towns to explore, providing a comprehensive, relaxing and interesting Northern English experience. There is plenty to discover and do in Kendal, regardless of the conditions you encounter during your holiday, or the preferences of those with whom you are holidaying; no matter if your trip is with family or friends.

READ MORE
Holker Hall

Holker Hall

One of the best loved stately homes in England, set in beautiful countryside and framed by the Lakeland Hills, Holker Hall is just 5 miles from Merlewood. It dates from the 16th century and has a great range of rooms to explore. The parkland is 25 acres of colourful gardens, beautiful vistas and gentle walks and the estate is host to a number of events throughout the year too.

Sizergh Castle, just under 10 miles from the property is the famous 13th century property outside Kendal. And Hill Top, Beatrix Potter's former home is a 25 minute drive north, close to Windermere, and offers an insight into 17th century cottage life, looking just as she left it, and featuring a number of references to her famous lovable characters.

Humphrey Head

Humphrey Head

Visit Humphrey Head, the tallest limestone cliff in Cumbria, and be rewarded with a fabulous view of Morecambe Bay.

If it is a good view you are after then you could always hop aboard the National Trust Steam Yacht Gondola – a Victorian steam-powered yacht which tours Coniston Water. Take a relaxing cruise across the beautiful lake and enjoy stunning panoramas of the surrounding Lake District scenery.

From Miniature Villages to Roman Settlements

From Miniature Villages to Roman Settlements

See over 100 miniature buildings at the Lakeland Miniature Village; they are made from local Coniston slate and feature replicas of classics such as Hill Top and Slater's Bridge. The village is hand crafted and has been growing for more than 20 years (and is still being added to!).

An hour's drive will bring you to Hardknott, the remains of a Roman Fort that was founded under Hadrian's rule in the 2nd century. You can see the outlines of the commandant's house and the bath house. This site is just one of many in the area that hint at Cumbria's long and interesting past.

Before you leave...

Have you thought about having an Private Tour at one of our HPB holiday locations in the UK?

Book a Private Tour

Why not request our Tell Me More pack including our full portfolio?

Request our portfolio

Take out a Holiday Property Bond before 31st October 2024, and not only will you be giving yourself, your friends and your family a lifetime of top-quality holidays. You, and the family, could also be spending a day in a winter wonderland; and meeting Father Christmas himself

For a party of up to six (a mix of adults and children), this day-trip to Lapland includes snowmobiling, husky sledding, and a reindeer sleigh ride – plus the highlight: a private family meeting with Father Christmas, where you can tell him of your Christmas wish list!

After an overnight stay at Birmingham airport’s Novotel (parking included), your flight to Finland’s northernmost region departs early in the morning of 16th December – to give you and the family as much time as possible enjoying Lapland’s Christmas magic. And after your day playing in the snow you’ll return tired but happy, to another night in a comfortable hotel bed before heading home with a boot-full of happy memories (and perhaps a gift or two).

Meals are provided on the outbound and inbound flights, plus a hearty lunch in Lapland, thermal snow suits, winter boots – everything you need to keep warm and get the most out of your day.

Invest before the end of October for your chance to win this fantastic prize. And don’t forget to keep 16th December free. Good luck!

Prize Draw rules
1. Invest by 31st October 2024 and you will be entered into the draw. 2. The winner will be drawn by a solicitor. 3. The winner will receive the prize of a day trip to Lapland for a party of six (mix of adults and children) on 16th December 2024 from Birmingham Airport. Return flights with hot meals, a range of activities and overnight accommodation and parking at Birmingham Airport at the start and end of the break is included. The trip is not suitable for infants under 2 years old. 4. The winner will be drawn from those who invest by 31st October 2024 and existing Bondholders who top up their Bond or refer friends. 5. The prize can only be claimed by those who are 18 or over and is not available to HPB employees, associates or those in their households. 6. No cash alternative available. 7. The winners will be notified by 22nd November 2024.

User Charge

The no-profit user charge is all you pay when you book your holiday. It covers the actual costs of servicing the properties, including housekeeping, laundry and maintenance of the many free-to-use-onsite facilities. It is charged per property - NOT per person. And it does not vary with the season: instead, the user-charge remains constant all year round.

For example:
A week for two in the Scottish Highlands could cost around £324 user charge, including VAT*, even at the height of the season.

A week for a party of eight in a four bedroom villa at Physkos, Turkey in August could cost around £577 in user charge

We're so confident you'll be delighted with HPB that we offer you a 'Money Back Promise'!

In regular surveys, Bondholders tell us how happy they are with HPB holidays. That's why we feel confident in giving you the extra reassurance of our unprecedented 'Money Back Promise':

If you take your first HPB holiday within three years of investing and are not, for any reason, entirely happy, you can cash in your HPB investment within 14 days of your return.

Whatever the encashment value, the parent company of the issuer of HPB will make up any difference so that you get back the full amount of your original payment, including charges.

This offer applies to a holiday at any HPB owned property which is taken by at least one of the Bondholders themselves.

Full details of the offer will be provided before you invest.

Restrictions

If you do not use our "Money Back Promise" offer explained in "How HPB works", you may cash in after two years at a value linked to that of the properties and securities but you should not expect to get back the full amount you paid because of charges and changes in the value of HPB’s properties and securities. In exceptional circumstances cashing in may be deferred for up to twelve months.

Your inflation-protected Holiday Points

HPB's holiday benefits are provided through a Holiday Points system. Each £1 you invest (including any adviser charge) adds one Holiday Point to the allocation of Holiday Points that you receive every year for as long as you hold your bond. Each time you book a holiday, you exchange Holiday Points for the accommodation you want, with the number of Holiday Points required depending on the location, size of property and season.

Here are some examples of how it works in practice (2022 rates):

For two people, holidaying out of season:
A week in Stigliano, Tuscany from 1,530 points
A week in The Trossachs, Scotland from 2,430 points
A week in St Brides Castle, Pembrokeshire from 2,260 points

And in the height of summer:
A week in Rocha Brava, Portgual from 8,190 points
A week in the Lake District from 9,760 points
A week in Le Mont de St Siméon, France from 14,180 points

If you have a minimum qualifying investment you can also book Short Notice Points Free holidays, subject to availability. Bookings can be made up to 28 days in advance for UK holidays and up to 56 days in advance for overseas. Even if you do not have a qualifying investment, you can still book Short Notice Points Free holidays up to 21 days ahead in the UK and up to 42 days ahead overseas.

Inflation protection: Your Holiday Points allocation is re-valued every year in line with the cost of providing additional holiday accommodation for new investors. This means your holiday accommodation booking power is fixed and protected against inflation. So you can look forward to top quality holidays for life.

A unique way to enjoy exclusive holidays year after year

Q. How does it work?

A. The way the Bond works is simple. Families like yours invest from £5,000 for exclusive access to a portfolio of over 1,500 top quality villas, cottages and apartments in 32 locations across 13 European countries, including over 600 properties in 19 locations in the UK. For each £1 invested you will receive one Holiday Point each year which you can use to book the properties. And when staying in them you do not pay a commercial rent, just a no-profit user charge covering actual running, maintenance and refurbishment costs. This charge is level throughout the year so there are no high season premiums. The average charge for a studio is around £360 and around £540 for a two bedroom property, for a week. Larger properties are also available. This no-profit user charge is only payable when you want to go on holiday. Your only ongoing commitment is a quarterly fee under £38 (that is around £150 a year), linked to RPIX.

Q. Will there be more properties in the future?

A. As we attract more investors the more properties we will add to the portfolio – increasing your holiday choice still further.

Q. How long can I holiday with HPB?

A. For life if you wish – the holiday benefits last as long as you hold the Bond. In due course you can pass it and the holiday benefits to your children and grandchildren, as many of our earlier investors have already done. If, however, at some point you and your family no longer wish to holiday with us you can surrender your Bond back to the company after two years or more (subject to deferral in exceptional circumstances). You will not get back the full amount you invested, although we would hope that you will have had some wonderful holidays. What you do get back will reflect initial charges (25%) taken before your money is invested in the HPB fund of holiday properties and securities. The fund itself also pays annual charges of around 2.5% of its net assets at cost, calculated monthly, as well as overheads. The value of the fund’s properties and securities can also go up or down and so, like most investments, your capital is at risk.

Q. Is the Bond available anywhere else?

A. No. HPB is available exclusively through HPB Management Limited.

Request Our Portfolio Book a private tour Book a personal presentation Chat to one of our representatives Take the next step