Yes, for park operators and for private owners buying a unit for their own holiday use. A park, site owner or letting business buying units to place on pitches takes commercial asset finance. A private buyer takes a regulated consumer credit agreement, which carries extra protections and disclosure requirements. Both routes depend on lender appetite for the site.
Statics and lodges are unusual assets because they sit on land the owner generally does not own. Lenders will want to understand the pitch licence, the site agreement, how long the licence has left to run and what happens to the unit if the site agreement ends. Those questions often matter more to a funder than the unit itself.
Resale is the other consideration. A static or lodge is not simply moved and sold like a van, so lenders take a cautious view of recovery value and appetite is narrower than for mainstream assets. Some funders will not write the class at all.
Where the unit is bought to be let out on a park rather than used by the buyer, lenders assess that hire use differently again, looking at occupancy and letting performance as well as the unit.
Be aware that these units can lose value over the term while site fees, rates, insurance and running costs continue, and site fees can rise. If payments stop, the unit can be repossessed and you may still owe a balance. We are a broker, not a lender, we charge you no broker fee, and we cannot guarantee that finance will be available for any particular unit or site.