Conwy Lodge Park

Holiday Lodge Ownership

Holiday Lodge Ownership in the UK: Answers to All Your FAQs

Holiday lodge ownership can upgrade your family’s lifestyle and guarantee unforgettable vacations together whenever you want.

Still, we get it: it’s not like buying a bottle of wine. Since it’s an important investment, you must ensure that you’re making the right choice for your needs and preferences.

FAQs on holiday lodge ownership in the UK

To make things easier for you, we’ve answered the questions we hear the most when it comes to buying lodges.

1. Should I buy a holiday lodge?

Well, that depends on what kind of lifestyle and vacations you’re after. Overall, you should buy a holiday lodge if you’d like to have a home away from home where you can find all your usual comforts and amenities rather than having to look for hotels every time.

Lodges are also ideal if you’re after more quality time with your family and getting the best of both worlds when planning your breaks: a familiar setting to return to but also a base to try different activities and discover new areas every time.

2. Is it worth investing in a holiday lodge?

It’s worth investing in a holiday lodge if you’re actually planning on heading there multiple times a year.

These chalets are also cheaper than brick-and-mortar holiday homes, save you additional money by being energy-efficient and fully furnished, and don’t require any stamp duties unlike other types of second properties.

However, you can’t always rent them out whenever you’re not using them. If that’s what you were hoping for, a traditional second home might be a better option for you.

To help you decide, here are the pros and cons of buying a holiday home.

3. Can you mortgage a holiday lodge?

No, you can’t mortgage a holiday lodge.

This is because mortgages are secured against your title as a landowner in the HM Land Registry, but when you buy a lodge, the land still belongs to the park.

There are other forms of help on which you can rely.

4. How to finance a holiday lodge

While you can’t get a mortgage, you can finance your holiday lodge with the help of private specialised companies.

This will usually involve a credit check and an agreement that’s fairly similar to traditional mortgages, obviously including some interests, too.

5. Can I live in a holiday lodge?

No, you can’t live in a holiday lodge on an indefinite basis because you’re legally required to have a main address as your actual permanent residence.

Plus, while at Conwy Lodge Park we offer a generous 10 ½ month season (from 1st March to 15th of January), some holiday parks have stricter rules for how long you can stay every time, or they might close for longer periods.

You can however live in a lodge that’s part of a residential (not ‘holiday’) park, as your agreement will be different: you’ll pay council taxes and obtain a right of permanent residence.

6. How to buy a holiday lodge

Buying a holiday lodge is actually really straightforward:

  1. Decide whether you’re going to pay for it or use a finance company
  2. Pick an area and park that you love the look of
  3. Choose the actual holiday lodge (we always recommend visiting it first)
  4. Sign an agreement with the park

Here are more tips on how to buy a holiday lodge.

7. How much is holiday lodge insurance?

There are several factors affecting the cost of holiday lodge insurance, and it will also vary depending on your provider: Park Home Assist, Parksure Insurance, Leisure Days, and Caravan Guard are some of the most popular ones when it comes to holiday lodge ownership in the UK.

Overall, you can find holiday lodge insurance from as little as £12 a month.

8. Do lodges devalue?

Yes, even though they’re reliable and built to last, holiday lodges devalue in the long run much like most physical assets.

That’s why we only recommend holiday lodge ownership as a lifestyle upgrade rather than an investment to make more money.

9. What are the holiday lodge rules?

The main holiday lodge rule is that you can’t use this chalet as your permanent residence.

Other than that, it will depend on your agreement with a specific park. Find out more about our park rules and FAQs.

Holiday lodge ownership in North Wales: discover Conwy Lodge Park

If you have other questions on holiday lodge ownership in the UK, get in touch and ask away.

Ready to take the first step? Discover what life as a park owner looks like when you choose Conwy Lodge Park.

We’re located in an idyllic spot that’s plunged in nature but strategic when it comes to discovering new places in North Wales, from its beaches to Snowdonia and a variety of attractions, parks, and hidden gems.

Browse our luxury chalets and arrange a viewing: let’s turn your holiday lodge ownership dream into a reality!