Annual costs 

Planning your holiday home budget? Apart from the initial cost, there are some ongoing expenses to keep in mind. These include site fees that currently vary between £4,500 plus VAT and £5,800 Plus VAT and these are reviewed annually. Additionally, you'll have the yearly bills for utilities like electricity, water, and gas and also annual rates will need to be covered. To better understand these charges, check out our FAQs. Here's some good news - if you choose our Guaranteed Rental Income agreement, a lot of these expenses are taken care of for the first three years! This means steady rental income for you with zero expenses, plus you get to enjoy your holiday home too. 

Paying for your holiday home

The quickest and easiest way to pay for your holiday home is a lump sum, cash payment, it’s the simplest way to finalise the sale and offers you a fast-forward button to your new, exciting lifestyle. If you need a little help to spread the costs you may be able to seek personal finance through your bank or financial provider. There are specialist finance companies for this type of purchase; and we would be happy to put you in touch with those that we are aware of. 

Alternatively you might consider freeing up some equity from an existing purchase to help finance your new holiday lodge, or perhaps pension release might be an option for you. If you are exploring either of these possibilities, we do advise you to consult with a financial advisor so that you understand the full implications before taking any action. 

Make a little something back

Your holiday home is not just a place for relaxation and enjoyment, it can also be a source of extra income! By participating in our sublet program or opting for our Guaranteed Rental Income agreement, you'll have the opportunity to earn some cash when you're not using the holiday home. It's a great way to let your holiday home work for you, bringing in a bit of extra cash to furnish your breaks away with a few holiday treats!