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`A warm sense of belonging`: a shareholder reminisces 

          Shared successes

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          Shared successes

 

         Shared successes

        Shared successes

            Shared successes

The Languedoc village of Puissalicon

A visit to friends holidaying in the Languedoc proved a defining moment for North Yorkshire couple Stuart and Jane Newsome.

Their friends, Brits now living in Australia, were enjoying their first stay in a village house they had invested in through a co-operative property share scheme.

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``We were so taken with the concept of property share," Stuart said.

``It offered an opportunity to purchase a property in relation to the amount of time we could use it: so it made sense," he said.

The couple`s search for their first shareholder proved remarkably simple.
``We merely spoke to friends [another couple] who were also convinced at the proposal," Stuart said.

``So our search for a house started with only two shareholders," he said.

The couples began a search of properties in the region around Beziers.

``By chance, the one which met our criteria was in Puisallicon: the same village where our friends had bought," Stuart said.

The three-bedroom, two-bathroom village house seemed perfect for a holiday home.

``It has a garage and an outside terrace flowing out from a first floor kitchen: we didn`t want a garden."
Several visits followed to confirm the house was the right choice, by which time another shareholder,  also a friend, had entered the picture.

``We ended up with three shareholders with a time allocation of nine months, two months and one month respectively," Stuart said.

``We have allocated time on a flexible basis, booking anything from four to 14 days.

``The principal shareholder expects to spend a week of each month in Puisallicon."

Stuart said the Club Propertyshare website and ``how-to" guide had proved invaluable.

``And, although the French have a reputation for beauracracy, we have found the process to be relatively smooth: given the remote nature of our purchase," Stuart said.

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