HPB Kings Arms

Discover the Yorkshire Dales

• 11 holidays units in the Yorkshire Dales
• A charming building in the heart of a typical North Yorkshire village
• Opposite HPB’s Lodge Yard
• Ideally suited for walking in the exquisite scenery of the Yorkshire Dales National Park
• Many historic sites nearby for great day trips
• Hundreds of events and festivities throughout the year
• A great pub with fresh, local food

Site

A surfeit of beauty – both natural and manmade – characterises the Yorkshire Dales National Park. Breathtaking scenery (the Aysgarth Falls, on the headwaters of the River Ure, are a particular "must-see"), and an unrivalled cultural heritage, as evidenced by a plethora of imposing castles, grand stately homes, genteel market towns and pretty villages. Not least Askrigg, close to the centre of the National Park and celebrated as "Darrowby" in the popular TV series All Creatures Great and Small.

The Kings Arms Hotel, in the heart of the Yorkshire Dales, provides 11 spacious en-suite bedrooms, each furnished with a television and DVD player. Bondholders staying at the King’s Arms can enjoy breakfast served in the dining room on the ground floor and have access to all of the facilities at Lodge Yard.

Around and About

Straddling the central Pennines in the counties of North Yorkshire and Cumbria, the Dales National Park combines breathtaking scenery, rich wildlife and an unrivalled cultural heritage. Nearby Bolton Castle – a massive 14th century fortress – is one of the country’s best preserved: it’s oak beams, raised more than six centuries ago, still support many of the great halls and galleries whose nine feet thick walls soar upwards to the civil war battlements.

The thriving market town of Hawes is five miles to the west of Askrigg – situated on the Pennine Way at the head of Wensleydale (near Hardraw Force waterfalls) – was awarded the English Tourist Board Silver Award for the ‘Best Day Trip Out’. The home of Wensleydale Cheese and the Dales Countryside Museum, the town offers several craft workshops, antique and other speciality shops, hotels, pubs, restaurants and cafés.

Aysgarth Falls – an impressive series of waterfalls, on the headwaters of the River Ure near the villages of Aysgarth and West Burton – have been attracting visitors for over 200 years. Indeed, no lesser luminaries than Ruskin, Turner and Wordsworth all visited, and subsequently enthused at the Falls’ outstanding beauty.

In Harrogate, the Victorian spa town, you will find the Royal Pump room Museum, Mercer Art Gallery and theatre, as well as the Harrogate Odeon Cinema. There are enchanting boutiques to browse through too, and a host of good restaurants to suit all tastes. Harrogate is close to numerous natural and other attractions and is also home to the Great Yorkshire Show, held in July.

Exclusive holidays for life

An initial payment from £5,000 and a quarterly fee of under £38 (that is around £150 a year), which can increase in line with but not exceed the Retail Price Index Excluding Mortgage Interest (RPIX), gives you access to all HPB’s holiday homes. For each HPB holiday, you will pay a no-profit user charge covering only property running and maintenance costs and use of on-site facilities. The average charge is the same throughout the year, and for a studio is around £360 a week and £540 for a two bedroom property. Larger properties are also available.

After an initial charge of 25% your money is invested in a fund of holiday properties and securities. The fund itself meets annual charges of 2.5% of its net assets at cost, calculated monthly. Your investment return is purely in the form of holidays and, as with most investments, your capital is at risk. You can surrender your investment to the company after two years or more (subject to deferral in exceptional circumstances) but you will get back less than you invested because of the charges referred to above, as well as other overheads and changes in the value of the fund’s properties and securities.