Waters edge, a prestigious new contemporary development of lakeside cedar homes at the Cotswold Water Park near Cirencester, is offering a new type of ownership concept that makes the luxury homes easily within reach.

People who had considered buying a luxury waterside dream home of this quality, but had been put off by price, time or upkeep constraints, will find the ideal solution at Waters edge. Under the concept, instead of buying the entire property, buyers can invest in a quarter ownership giving them a full legal stake in the property, and can occupy it exclusively for 3 months of the year on an annual rotating basis. They also pay just 25% of the costs of running their holiday home, it is fully managed and can be rented during those weeks for additional income whilst still owning an appreciating asset.

Waters edge is located right next to the Cotswold Wildfowl Park in South Cerney, Gloucestershire. A limited number of the 3 and 4 bedroom cedar built homes of 1700 sq ft each are available to buy on a quarter fractional basis at £150,000. The three or four bedroom two storey homes all have wooden sun decks, where owners can enjoy the superb scenery or dangle a fishing line into the 28-acre lake and watch the world glide by. The 3 months usage constantly revolves across the year between four separate buyers.

The revolutionary method of buying a holiday home in quarters is virtually unheard of for properties in Britain. It has been made possible by the Fractional Ownership Consultancy (FOC) (www.fractional.net) which provides the legal and administrative framework to ensure trouble-free ownership and management of properties sold in fractions. The company has already applied its model very successfully to holiday and second homes in Europe and the USA.

Fractional ownership suits the Cotswolds perfectly because of the combination of outstanding natural beauty and strict planning laws in a famous and popular tourist destination.

Sean Hodgson, Director of Waters edge developers Lake Ten Developments, says: “It is a unique opportunity for keen anglers, windsurfers or those that just love the village and country life to buy a quarter fraction of a luxury holiday home on Britain’s largest wetland nature reserve.

“The Fractional Ownership Consultancy’s model of finding four unrelated buyers who can each use their lakeside home for up to 3 months a year is perfect.“

Les Milton, Chairman of The Fractional Ownership Consultancy added: “FOC research has shown that holiday and second home owners often leave their properties vacant for the vast part of the year, as very few have the ability to take anything like 3 months holiday a year. Outright owners have to incur the full costs of upkeep and maintenance of their vacant holiday home, whereas with fractional ownership, owners can share those costs between them. The additional advantage is that those unused weeks can be put into a rental program which can cover the cost of ownership altogether.”