Affordability
Your guide to lodge ownership costs
Understanding the finances
WHAT DO YOU NEED TO CONSIDER?
We know that owning a retreat of your own, tucked away from the noise and pace of daily life, is something truly special. It's a somewhere you can go to unwind, relax and create lasting memories with those you hold dear.
While it’s an experience that feels priceless, it is also a commitment that requires careful financial planning. Buying a holiday lodge is a significant step, so it is really important to have a clear understanding of both the initial upfront costs as well as the ongoing expenses that come with ownership.
Below, we break down the main costs you will need to think about, along with a potential way to help offset some of them, such as our subletting scheme.
The three key areas to focus on are the purchase price, pitch fees, and running costs but there may also be additional expenses worth considering.
Here’s a closer look at each;
1. Purchase price
THE COST OF THE LODGE ITSELF
When you browse our lodges for sale, the price you see advertised includes the cost of the lodge itself, siting on your chosen pitch (unless the lodge is already sited) and all the utility connections.
To summarise, this price covers the full cost of you owning a fully sited and connected lodge.
Once you have decided which lodge you would like to call yours, you can secure it with a 10% deposit.
2. Pitch fees
AN ANNUAL PAYMENT
To keep Willow Bay maintained to the standard we pride ourselves on, there are site fees payable annually for your lodge.
From landscaping to security, lighting to refuse collection as well as security and use of all park facilities, this fee includes it all.
You will pay your annual pitch fee at the start of each season and they will vary depending on the location of your pitch.
3. Running costs
EXPECTED ONGOING COSTS
Along with the cost of your holiday home and site fees, there are annual running costs for services such as rates, water, gas, electricity and insurance.
Just as they do at home, these tend to change annually however our team are always on hand to advise and support at any time.
Other costs
LITTLE EXTRAS
As your lodge will soon feel like your home-from-home, it's likely that you will need to factor in other costs too, such as cushions, throws and other soft furnishings. All the little things that help to make your lodge feel truly ‘yours’.
Have a think about appliances you can’t live without, like a coffee machine or air fryer, as well as any crockery, cutlery, pillows and quilts. And don’t forget your TV licence!
Letting your lodge
IT’S EASY WITH OUR MANAGED SERVICE
When you’re not staying in your lodge you can let it out to holidaymakers, using our managed service. This may offset some of your ownership expenses - but please bear in mind it doesn’t guarantee an income.
If you decide to let your lodge to guests, our managed service takes care of pretty much everything for you, from marketing to managing the bookings.
This includes;
Advertising through all our channels to get maximum exposure
Handling the bookings and communications with guests
Housekeeping and maintenance teams on hand for changeovers and troubleshooting
Our friendly park team checking in guests and being the point of contact for them during their stay
Stay in touch, we have lots to tell you about lodge ownership in our newsletter
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