To buy a Holiday home/Caravan or not ? things work - HotUKDeals
We use cookie files to improve site functionality and personalisation. By continuing to use HUKD, you accept our cookie and privacy policy.
Get the HUKD app free at Google Play

Search Error

An error occurred when searching, please try again!

Login / Sign UpSubmit

To buy a Holiday home/Caravan or not ? things work

scorpiostar Avatar
7y, 4m agoPosted 7 years, 4 months ago
I have got an itch to buy a holiday home/caravan in U.K,for the last one week, but sadly i haven't got a clue how things work out once you buy it.
Who takes care of the home/advertises it for you so that it is occupied atleast in peak seasons. do i need to pay council tax or any other charges to the Govt.

My main aim is investment. (to get some money out of it if possible)
scorpiostar Avatar
7y, 4m agoPosted 7 years, 4 months ago
Options

All Comments

(12) Jump to unreadPost a comment
Comments/page:
#1
Some parks insist you leave keys with them and they rent the caravan for you I think.... Once the caravan is of a certain age some parks will make you get rid of it too. I'm not sure if its much of an investment once you've paid site fees and all other charges but there must be someone on here who has a caravan somewhere and knows the ins and outs...
banned#2
I agree Jed, a lot of campsites will lease your van for you, however depending on the type and range of van you buy, you may wish to lease privately so as to monitor your customers!
Some sites will make you remove your van after it reaches a certain age, camps like Haven and Butlins spring to mind, but I am not certain on this. If I were you, I would invest in a good website developer, who can build you a website. I would find a secluded campsite, perhaps on a farm, away from the hustle of 'seaside entertainment' and hire to older generations and families with older children. Luxury vans in beautiful surroundings are hard to come by, especially for couples who would like to avoid younger children. These vans rent at a premium-think of Center Parks, Park holidays, SAGA, all charge for a premium adults-market.

Unless of course the return would be higher on younger family rentals but then you have the upkeep of the van to consider.

Also bear in mind that if the van is a distance from you, you will not personally be able to clean it yourself between clients. This could be done for you at a cost through Haven etc sites, or you could hire someone privately, but its a cost which is often overlooked.

(I live in Skegness btw)
#3
bear in mind also that most parks are closed in some of the winter months so you wouldn't be able to rent/stay there yourself in those periods.
banned#4
Jed Maxwell
bear in mind also that most parks are closed in some of the winter months so you wouldn't be able to rent/stay there yourself in those periods.


yes, and of course a caravan cannot be occupied for more than 9 months a year otherwise you face a whole load of other costs too, as it no longer becomes a holiday home, but an actual dwelling in the eyes of the law. it must be vacant for 3 months of the year at least.
#5
Mobile Homes are also a prime target for the low life scums that can easily break in to them, especially during the winter months.
#6
I used to own a caravan in Towyn North Wales. Nice site, but the site charges were crippling. Every year they'd go up between £400-£600 and when we put it up for rent all the weeks that sold were the school holiday weeks, so we ended up just with what was left.

Had one young mum and a 4 year old kid who rented it for a week. At the end of her stay we went down to clean up after her and was met by her at the camp gates saying she was sorry but was in a rush because of a family problem at home. We took the keys off her, only to find the kid had gone from room to room with felt tip pen and drawn on everything!! Walls, beds and even the carpets!! The only contact I had was a mobile number and she'd paid cash.

I could tell you loads of stories like the above, but won't bore you. They're not worth it, you'll never make money from it, you'll hate the fact strangers are sleeping in your bed.

DON'T DO IT!!
#7
Inactive
Mobile Homes are also a prime target for the low life scums that can easily break in to them, especially during the winter months.


This is very true. We bought ours off someone when it'd just been broken into over winter. The police had been in with SOCO and there was finger print dust all over. Took an age to clean it up. Must admit though, we got it really cheap because of the break in.
#8
You are also stuck at the same place for holidays all the time, you might get bored with the place
#9
i got my caravan last oct just before cred crunch im glad i did it
i rent mine out and its making a fair bit. well from now till end aug fully booked (and no that not the only booking ive had)
i paid £2k ground rent elec water

you have to pay tax on chalet and the lease is every 4yrs so if its in amess at that 4yr stage (depends on age etc) they can knock it down

let me no if you need any questions answering
#10
stefor
I used to own a caravan in Towyn North Wales. Nice site, but the site charges were crippling. Every year they'd go up between £400-£600 and when we put it up for rent all the weeks that sold were the school holiday weeks, so we ended up just with what was left.

Had one young mum and a 4 year old kid who rented it for a week. At the end of her stay we went down to clean up after her and was met by her at the camp gates saying she was sorry but was in a rush because of a family problem at home. We took the keys off her, only to find the kid had gone from room to room with felt tip pen and drawn on everything!! Walls, beds and even the carpets!! The only contact I had was a mobile number and she'd paid cash.

I could tell you loads of stories like the above, but won't bore you. They're not worth it, you'll never make money from it, you'll hate the fact strangers are sleeping in your bed.

DON'T DO IT!!


After looking into this story i have changed my plans, And also me being mostly busy 7days a week i won't be able to concentrate on all these, i want peace with money coming in.
:roll:
Where shall i Invest thats my dilemma, if i have the money in bank it will be spend it off. I don't want to buy a new car and depreciate its value as soon as it is on the road. Then. ....:oops::oops:
#11
H_K
I agree Jed, a lot of campsites will lease your van for you, however depending on the type and range of van you buy, you may wish to lease privately so as to monitor your customers!
Some sites will make you remove your van after it reaches a certain age, camps like Haven and Butlins spring to mind, but I am not certain on this. If I were you, I would invest in a good website developer, who can build you a website. I would find a secluded campsite, perhaps on a farm, away from the hustle of 'seaside entertainment' and hire to older generations and families with older children. Luxury vans in beautiful surroundings are hard to come by, especially for couples who would like to avoid younger children. These vans rent at a premium-think of Center Parks, Park holidays, SAGA, all charge for a premium adults-market.

Unless of course the return would be higher on younger family rentals but then you have the upkeep of the van to consider.

Also bear in mind that if the van is a distance from you, you will not personally be able to clean it yourself between clients. This could be done for you at a cost through Haven etc sites, or you could hire someone privately, but its a cost which is often overlooked.

(I live in Skegness btw)


This option is a good if you live near to the site.
#12
scorpiostar
After looking into this story i have changed my plans, And also me being mostly busy 7days a week i won't be able to concentrate on all these, i want peace with money coming in.


You and a few million others like you, if you find the answer, do share it with us.;-)

Post a Comment

You don't need an account to leave a comment. Just enter your email address. We'll keep it private.

...OR log in with your social account

...OR comment using your social account

Thanks for your comment! Keep it up!
We just need to have a quick look and it will be live soon.
The community is happy to hear your opinion! Keep contributing!