Lodges are built to a higher standard than static caravans and cost considerably more, which makes the pitch arrangements more important, not less.
Whole-of-market — 60+ lenders searched, including
Sometimes, and the terms of the park agreement decide it. A holiday lodge is a timber or composite clad unit built to residential style specification but sited on a holiday park under a pitch licence, not on land you own. Because the funder’s security is a building it cannot easily move and cannot access without the park’s agreement, the panel of willing funders is limited and each case turns on the park, the licence length and the age policy. Private buyers are in regulated consumer credit. Park operators buying lodges to hire are on unregulated business terms.
Used kit: Yes — used lodges are funded, though the remaining years permitted under the park’s age policy usually govern the decision more than condition does.
Get a quoteor call 07581 364281
Business asset finance is quoted on a flat rate, so that is what this shows — with the equivalent APR underneath, because the two are not the same number. A quick guide only; your actual rate depends on the asset, term, deposit and lender.
Representative example: on Hire Purchase, borrowing £25,000 over 48 months at a 6.0% flat rate (equivalent to 11.5% APR representative), you would repay around £646 a month; total amount repayable approximately £31,000, of which £6,000 is the cost of finance. This calculator is for illustration only — it is not a quote or an offer of finance, and the rate and repayments you are offered will depend on the asset, term, deposit and your circumstances. CW Asset Finance is a credit broker, not a lender, and may receive a commission from the lender that funds your agreement. All finance is subject to status, affordability and lender approval. CW Asset Finance is an Appointed Representative of Rural Finance Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 630701).
Lodges look like houses, which misleads buyers into expecting mortgage style funding. They do not qualify, because there is no land ownership and no title to secure against. What exists is a unit standing on somebody else’s ground under a licence, and the licence governs everything: how many years remain, whether the park can require removal, what happens on resale and whether sub letting is allowed. A funder will want to see the agreement and will form a view about the park itself, since a well run park with long licences is a very different risk from a recently changed operator with short terms. Age policy matters even on a new lodge, because it sets the window in which the unit retains value on that pitch. Consumer buyers get regulated credit protections; parks buying hire stock do not.
Examples of the machines we are asked to fund. This is not an exhaustive list — if what you are buying is not here, it does not mean we cannot fund it. Your supplier quote is what the agreement is written against.
| Machine | What it is |
|---|---|
| Pemberton Arrondale | Luxury holiday lodge |
| Pemberton Marlow | Two bedroom holiday lodge |
| Willerby Clearwater | Timber clad holiday lodge |
| Willerby Brookwood | Contemporary holiday lodge |
| ABI Harrogate | Two bedroom lodge for park siting |
| Victory Riverwood | Spacious holiday lodge |
| Victory Merewood | Open plan holiday lodge |
| Prestige Homeseeker lodges | British built holiday lodges |
| Carnaby Glenmoor | Luxury lodge with vaulted ceiling |
| Swift Toronto Lodge | Twin unit holiday lodge |
Get a quoteor call 07581 364281
Buyers who want something closer to a second home than a caravan — often couples in their fifties and sixties using it for long stays, or families buying jointly with relatives. The trigger is commonly a park development launch with new pitches released, or an upgrade from a static caravan the owner has had on the same park for several years.
Get a quoteor call 07581 364281
Bought on hire purchase, business plant and machinery normally qualifies for capital allowances on the full cost even though you pay for it monthly, which is a large part of why hire purchase is the common structure. On a finance lease you generally set the rentals against profit instead. The rules change between budgets and your position depends on how you trade, so treat this as the direction of travel and get your accountant to confirm the detail before you commit.
A mortgage is secured against land and buildings you own. With a lodge you own a manufactured unit standing on a pitch licensed from the park, so there is no land title for a lender to take security over. Funding therefore comes through asset finance style agreements from funders who understand the park sector.
It varies a great deal between parks, and the remaining term is one of the first things a funder looks at. Some parks offer long agreements, others much shorter ones with renewal at the park’s discretion. A short or discretionary term affects both what the lodge is worth to a future buyer and what a funder is prepared to do.
Only if the park permits it, and many run their own letting schemes with commission arrangements while prohibiting private lettings. Check the licence before assuming rental income will offset the cost. If the park does allow letting, tax on that income is a matter for your accountant.
Your licence continues under its existing terms, but new operators sometimes change site fee levels at review, alter policies on resale or letting, and take a different view on the age of units. Parks changing ownership is a known risk in this sector and it is part of why funders assess the park as carefully as the lodge.
Treat it as a holiday asset rather than an investment. Units depreciate, site fees rise, and resale is constrained by the park’s rules and age policy. Bought for the use and enjoyment it gives, a lodge can be excellent value. Bought on the expectation of capital growth, it rarely delivers.
Get a quoteor call 07581 364281
See everything we fund in static caravan and lodge finance →
Not an offer of finance. All finance is subject to status, affordability and lender approval.
Tell us what you’re looking to fund and Conor will come back to you personally — usually the same day.
Prefer to talk? Call 07581 364281 · serving Leeds, York, Harrogate, Wakefield, Selby, Tadcaster & across North & West Yorkshire.