Fractional Ownership
BLB Solicitors have become one of the leading firms in the specialist field of fractional ownership, acting for developers, promoters, agents and individual property owners, both in the UK, Europe and further afield. We also advise individuals looking to purchase UK and foreign property on a fractional basis.
Recent European legislation has introduced enhanced protection for buyers of fractional interests and we have a thorough understanding of how this affects those operating in this rapidly developing sector.
Recent Work
- Acting for a developer in setting up the legal and management structure for the sale on a fractional basis of apartments on a golf resort in Murcia, Spain.
- Advising several operators of luxury holiday lodge developments on setting up fractional schemes, including advising on usage rights and legal structure.
- Advising the existing owner of 40 holiday properties in the UK on the appropriate legal structure and drafting the documentation.
- Advising the buyer of fractional interest in a property in Tuscany, including working with the developer's solicitors on certain aspects of the fractional documentation.
- Advising a consultancy on the setting up of a fractional scheme for the sale of luxury properties in Central London to buyers based in China, Singapore, India and the Middle East
- Advising the promoter of a fractional ownership project sourcing holiday properties in Florida and South Carolina to sell to European buyers
For an initial discussion on your fractional ownership project, please contact Stephen Bishop.
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Stephen Bishop |
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| Bradford on Avon | |
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We are authorised & regulated by the Solicitors Regulation Authority – Number 47173 | Admin