Thanks PoetPilot; the information you gave is useful to me. Given that it has been suggested to me that company ownership of the aircraft is the way to go I found your comments about paying your club the standard rate very interesting. Does anybody else have experience of this?
I appreciate the other people's comments, but with respect to them, I've given quite a lot of thought to what type I want to fly and why other methods of doing so aren't quite right for me at the present time. And I'd consider joining a group or syndicate if only I could find one that had the right plane available to me in the right place. I'm not going to warrant owning the plane outright on my own, so it is either leaseback, renting it out privately or forming my own small group around it once I've bought it seem like the best bets.
I get a sense that people think leaseback is a bad idea, but I've searched pprune and found nothing about it. Hence my questions.