Buying a holiday lodge is an exciting step towards a more flexible, fulfilling lifestyle but it’s important to understand the full picture. Alongside the purchase price, there are a few ongoing costs and responsibilities to consider. From site fees to insurance, this page breaks down the typical expenses involved in lodge ownership, so you can plan confidently and enjoy every moment in your home-from-home.
Site fees, often known as ‘pitch fees’ is essentially the ground rent you pay to a holiday park or resort to keep your lodge on the site. For us it’s a lot more than just ‘ground rent’ and our site fees cover a wide range of essential services and park maintenance so that you can enjoy your holiday home all year round. Click the button below to find out more about our site fees and your options when it comes to paying them.
When buying a holiday lodge, it’s natural to think about how its value might change over time. Unlike traditional bricks-and-mortar homes, lodges are classed as leisure assets, which means they tend to depreciate, much like cars or motorhomes. But what exactly does that mean, and how should it factor into your decision-making? In this blog, we break down how depreciation works so that you can make an informed choice about becoming a lodge owner.
When considering lodge ownership, it’s definitely worth noting some potential tax efficiencies. Unlike traditional residential properties, holiday lodges are generally exempt from Stamp Duty Land Tax (SDLT) upon purchase. Additionally, as they are not classified as primary residences, lodge owners are typically not liable for Council Tax. These can represent significant savings compared to conventional property.
It’s important to remember that Leisure Resorts are not tax advisors. The information provided here is for general guidance only. We strongly recommend that you seek professional assistance from a qualified tax advisor to understand the full implications of lodge ownership based on your individual financial circumstances.
When it comes to lodge ownership there are a few other important costs and services to keep in mind. From utilities and insurance to maintenance and Wi-Fi, understanding what’s involved can help you make a confident, well-informed decision. In this blog, we break down the essential extras that come with owning a holiday lodge so there are no surprises.
We offer three multi-award-winning parks built with meticulous attention to detail, all offering breathtaking settings where you can own your dream holiday home. With exceptional service, exclusive owner benefits, and a focus on quality, we go above and beyond to ensure your ownership experience is truly exceptional.
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