Whats the difference between a Leaseback scheme and a time-share?
When you purchase a time-share, all you are getting are specific periods of time which you can use within certain locations over a set number of years. Once the term comes to an end, you are left with nothing. With a Leaseback scheme, you are the actual freehold owner of the property and have simply entered into a 9-year or so lease agreement. After this agreement ends, the property is still yours to do with as you wish. The only thing in common with both schemes is that you only have specific times you can use the property during the 9 years.
