Caravan buyers say they have been misled, ripped off and even threatened by holiday parks

https://www.bbc.co.uk/news/articles/c2016lxnepno

by FogduckemonGo

10 comments
  1. You have to ask yourself, if a company is advertising that you can make £1,000 a week in bookings – why do they want to sell it? Why aren’t they making that £1,000 a week themselves?

    It’s obviously a scam and I hope something is done to fix this.

  2. If you’ve ever spent a week in one of these caravan parks in bad weather, you’ll never want to go to one ever again.

    All potential buyers should spend a week in a caravan with it raining every day, trapped inside, flaky Internet, TV not working, 2 year old son screaming the place down.

    You’ll never want to even see a caravan ever again.

  3. Well, at least we get some decent compo faces out of the debacle!

  4. My parents kept wanting to do something like this. I kept telling them to not because it’s obviously a scam, all of them are really. If you aren’t buying the land and the property it’s just a con. I hope they never do it frankly because it’s going to be such a huge loss of savings.

    For the same money you can just buy a normal house and rent that out instead. No silly park fees or anything dodgy.

  5. Classic racket. Sell gullible punters the caravan at inflated price. Jack up the fees to the point they can’t afford it. Buy it back off them for peanuts. Then on to the next mug

  6. I swear there are constantly articles on this racket. How people aren’t aware is beyond me.

  7. Right out of the gate….

    >When Asha and Jason Ross bought a caravan sited in a North Yorkshire holiday park, they thought they had made an investment which would provide them with a steady income.

    Essentially, they wanted to start a business and didn’t do their due diligence.

    They bought a box of fibreglass and chipboard to park on somebody else’s land, hoping to make a profit. If they didn’t do their due diligence into the realities of that, then that’s on them.

    I don’t have any objection to people trying to make money, but people forget that all investments have risk.

  8. I would never be interested in buying a static caravan, but I did look at the prices once out of curiosity.

    With site fees and running costs and the financing of the caravan itself, you’re north of £750 per month or £9,000 per year.

    You could get some bloody good holidays for that kind of money, and you’d still have £500 left over for a week at Haven in half term !

  9. My parents fell for one of these about 20 years ago, exactly the same spiel, investment opportunity and a “holiday home”

    I think they paid about £28k into it, and while they did get a few bookings through the site the fees and everything else took a good chunk of change out of that. Additionally, on one occasion the caravan got trashed by a family. These sorts of places don’t attract the cream of society…anyway I think after a year or two they sold the place for like £8k, an embarrassing loss

    I’m genuinely shocked that the couple in the article put £125k down, that’s truly insane. Even if they did get 100% occupancy at the £1k a week (which would be less out of season…) it would take more than 2 years to even break even and by that time the caravan would have depreciated heavily….realistically the break even point would probably be double that or more, or just probably never.

  10. >When Asha and Jason Ross bought a caravan sited in a North Yorkshire holiday park, they thought they had made an investment which would provide them with a steady income.

    Poundland landlords.

    >Misleading claims from sales staff about potential income from the caravan

    Do your own research and I suspect any upto £??? per week/month is true during peak summer holiday season or there’s a big event on nearby

    >Site fees which holiday parks increased steeply and allegedly without warning

    It’s probably in the contract, they did read it or get a lawyer to read it didn’t they?

    >Feeling pressured to sell caravans back to parks at a loss, and for significantly less than their market value

    That is probably the only really valid claim, but that said anyone who does any reasearch will soon know,

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