A Smart Investment

This customer profile is an illustrative example inspired by a real consultation and outcome.

A Prime Location with Potential

Jim and Sarah Johnston, a couple in their 30s living in Manchester and working full-time, recently purchased a lodge at a well-established holiday park just outside St Andrews, Scotland. With a keen eye for opportunities, they were drawn to the park’s prime location, which attracts both golfers and visitors, offering significant rental potential.

Security and Strong Returns

The lodge came with a 50-year lease, ensuring long-term security, and had the potential to earn up to £1,600 per week during peak times. With these prospects in mind, they saw the purchase as not just a holiday home but also a solid investment.

Flexible Financing for Immediate Results

The lodge itself was priced at £145,000. The couple, eager to make a sizeable contribution, used £45,000 from their savings as a deposit. To fund the remaining £100,000, they chose a specialist secured loan with a 15-year repayment plan. This approach allowed them to keep monthly repayments manageable while helping to offset their monthly outgoings through seasonal rental income.

A Decision Worth Celebrating

The couple couldn’t be happier with their decision. The lodge has proven to be highly popular, delivering consistent returns while they enjoy the peace of mind that comes with owning a valuable asset in a sought-after location.

Case Study Summary:

– Lodge price: £145,000
– Deposit: £45,000 (from savings)
– Loan amount: £100,000 (secured loan)
– Repayment term: 15 years (180 months)
– Monthly repayments: £898
– Rental income: £1,000 – £1,600 per week during peak time
– Location benefits: Close to St Andrews, appealing to golfers and tourists

Ready to Start Your Own Holiday Home Upgrade?

If you are looking to trade in an older model or purchase your first holiday home, we can help. Learn more about our competitive static caravan finance options, explore our tailored holiday lodge finance, or complete our quick online form to get a same-day decision in principle today.