Holiday Lodge Finance
Holiday parks are becoming popular with large and increasingly sophisticated luxury lodges being bought by owner occupiers and as an investment with a rental income potential. The financing of these types of structure have up until recently the preserve of the high street banks. Their ownership arrangements with ground rental can sometimes make it complicated to finance, however in recent years the asset finance lenders have developed an appetite to arranging the finance of these types of lodges. This is because the lenders have recognised that they generally offer good security and have a good residual value.