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Does the Leaseback scheme work in the same way as time-share?

leaseback Scheme time-share
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Does the Leaseback scheme work in the same way as time-share?

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A. With time-share all you are purchasing are periods of time, which you can use within a given number of locations over a set term. Once the term has expired you own nothing. Under Leaseback you are the freehold owner of the property from day one and all you have done is entered into a 9/11-year lease.

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