Affordability
Your guide to lodge ownership costs
Understanding the finances
WHAT DO YOU NEED TO CONSIDER?
Having a place of your own away from the hustle and bustle of everyday life, where you can make special memories, is something you can’t put a price on. But of course, it is also something that very much involves your finances. It’s a big decision to buy a holiday lodge and you will want to understand all the costs, both of buying your lodge and of owning it over the longer term. Here we explain the key costs to consider – as well as one way to balance some of those costs.
The three main areas you need to consider are purchase price, pitch fees and running costs. Alongside these, there are other expenses you may also want to take into account. It’s all explained below:
1. Purchase price
THE COST OF THE LODGE ITSELF
Take a look at our lodges for sale. The price you see there for each lodge includes the cost of the lodge itself, siting on your chosen pitch (unless the lodge is already sited) and all the utility connections. In short, it’s the full cost of a fully sited and connected lodge. Once you have decided which lodge is yours, you can secure it with a 10% deposit.
2. Pitch fees
AN ANNUAL PAYMENT
This is the amount you pay each year to keep your lodge on its pitch at Doublebois, and it covers the upkeep of the park, including:
· Grass-cutting and landscaping
· Maintenance and repairs on the park
· Park security
· Use of all the facilities
You pay pitch fees at the start of each season. They vary depending on the location of your pitch.
3. Running costs
EXPECTED ONGOING COSTS
The next thing to consider is the day-to-day running costs of your lodge. Just as at home, there are water rates, gas and electricity bills, insurance and upkeep expenses to build into your budget. These costs vary of course, but we can talk you through real-life examples to give you a good idea of what to expect.
Other costs
LITTLE ADDED EXTRAS
You might want to factor in other costs too, such as cushions, throws and other soft furnishings to make your lodge feel truly ‘yours’. Think too about appliances you can’t live without, like a coffee machine or air fryer, as well as crockery and cutlery and pillows and quilts. And don’t forget your TV licence!
There’s plenty to think about and we’re here to answer your questions and clarify the finer details for you. Best of all, we regularly have offers which can make a real difference.
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 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
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