Specialist
Leisure Finance
Business finance for parkhomes, caravans, lodges
Business finance for parkhomes, caravans, lodges
High quality finance solutions for leisure finance
We can deliver enhanced, bespoke or exclusive terms through our market knowledge.
Call us on 0203 900 4322 to discuss your requirements.
Owning a leisure property or asset is a significant investment that can bring immense joy and unforgettable experiences. However, the upfront costs can be daunting for many. Fortunately, leisure finance provides a convenient solution, allowing you to spread the payments over time and make your dream a reality.
Leisure finance in the UK encompasses various financing options for individuals and businesses to acquire various leisure and recreational assets, such as park homes, lodges, caravans, static homes, boats such as yachts, motorhomes, and holiday park equipment. This versatile financing solution caters to a broad spectrum of leisure and recreational needs, making it easier for everyone to enjoy their desired lifestyle.
Here, we'll explore the main features of leisure finance and help you understand which option best suits your requirements.
Hire purchase (HP) is a popular way to finance leisure assets in the UK. It involves:
HP agreements usually range from 3-7 years, providing flexibility to suit your budget. You cannot sell the asset until all payments are complete. If you default on payments, the finance company can repossess the asset.
Finance leases are another common option for leisure finance. With this arrangement, you would:
Finance leases offer flexibility, as you can choose to own the asset or return it at the end of the term, depending on your future plans.
If you already own a leisure asset outright, you can release the equity tied up in it through a refinance agreement. The finance company will purchase the existing asset and then lease it back to you over a term of 3-5 years. This option provides you with a lump sum of cash that you can use for other purposes.
The UK leisure finance market offers a wide variety of assets to choose from, catering to different lifestyles and budgets. Here are some popular options - including park homes and caravans - available for financing, along with their approximate price ranges in the UK.
| Asset Type | Model | Price Range in UK |
|---|---|---|
| Park Homes | Prestige Homeseeker Sonata II | £140,000 - £180,000 |
| Park Homes | Omar Colorado | £110,000 - £150,000 |
| Park Homes | Tingdene Harrington | £110,000 - £150,000 |
| Lodges | Prestige Balmoral | £150,000 - £200,000 |
| Lodges | Willerby Vogue | £120,000 - £160,000 |
| Lodges | Omar Heritage | £80,000 - £120,000 |
| Caravans | Bailey Unicorn | £20,000 - £30,000 |
| Caravans | Swift Eccles | £18,000 - £25,000 |
| Caravans | Coachman Laser | £16,000 - £22,000 |
| Static Homes | Willerby Clearwater | £60,000 - £90,000 |
| Static Homes | ABI Ambleside | £50,000 - £80,000 |
| Static Homes | Atlas Debonair | £40,000 - £70,000 |
| Motorhomes | Auto-Trail Tracker | £50,000 - £70,000 |
| Motorhomes | Bailey Autograph | £60,000 - £80,000 |
| Motorhomes | Swift Kon-Tiki | £45,000 - £65,000 |
The example price ranges will vary depending on the manufacturer, seller, and specific features of the asset. So it's important to research throughly beforehand, and comapre the many options when it comes to pricing. The best option for you will depend on your personal and financial circumstances, as well as your preferences and plans for the future.
When your leisure finance plan comes to an end, you typically have the following options:
Weigh the costs and benefits of each option to make an informed decision based on your circumstances. At Clifton Private Finance we can help you with the process. We can identify what finance plan would best suit you, depending on the asset in questions. Get in touch for a consoltation today, allow us to help you finance your dream leisure property in the UK.
The typical APR (Annual Percentage Rate) for financing leisure properties such as park homes, lodges, caravans, and static homes in the UK ranges from approximately 8.9% to 11.90% representative APR. These rates are competitive and offered by lenders regulated by the Financial Conduct Authority.
Deposit requirements for financing leisure properties are typically as low as 10% of the total purchase price. This flexibility allows individuals to enter into finance agreements with a manageable upfront cost.
Monthly payments for leisure property finance are structured as fixed payments over the loan term, which is typically around 120 months (10 years). This predictable payment structure provides clarity and helps individuals budget effectively.
At Clifton Private Finance, we understand that each customer's circumstances are unique. That's why we offer a range of finance products tailored to meet diverse needs and credit histories. Whether you have a poor credit history or not, we have options available to help you finance your dream leisure property.
No, you're not restricted in terms of where you can purchase your leisure property from. Whether you're interested in buying from parks, private sellers, or elsewhere, our lending options offer flexibility and freedom. Our goal is to facilitate your purchase, regardless of the seller or location.
Yes, many leisure property owners choose to sublet their assets to generate additional income. Whether you're considering letting out your property for a few weeks or longer periods, it can help offset costs such as site fees or even contribute towards monthly loan repayments. However, it's important to review park regulations and terms to ensure compliance and avoid any unexpected clauses.
Finding the best leisure finance deal can be challenging, given the numerous lenders and products available in the market That's where a finance broker can provide invaluable assistance. At Clifton Private Finance, our team of leisure finance specialists can help you:
As leading finance brokers specialising in leisure finance, we compare options from multiple lenders to find bespoke solutions tailored to your needs and budget.
Contact us today if you're interested in financing a leisure asset. We're happy to provide a free, no-obligation quote and assist you in making an informed decision. Our team looks forward to helping you unlock your dream lifestyle through our leisure finance solutions.
If you have any questions or would like to discuss your leisure finance requirements, please don't hesitate to get in touch.
We offer a free, no-obligation consultation to help you explore your options.
Call us today to discuss your requirements on 0203 900 4322
I approached Clifton Private Finance to help me get a mortgage as an Expat working in the Far East. I would normally 'cut out the middle man' on something like this and try to get myself a deal directly with the banks, but I am now sold on the broker concept and wouldn't hesitate to use Clifton Private Finance again. There were a number of complicating factors such as being an expat, the stamp duty holiday, the sheer amount I wanted to borrow and the fact I wanted it all wrapped up before the Stamp Duty holiday ended. It is clear to me now that the relationship that brokers have managed to foster with their banks means they can simply pull levers and make stuff happen that us ordinary folk cannot. Put simply, they are worth every penny, will take most of the stress out of the lending process, and seem to have access to deals that you just won't find on the internet. Thank you George and Jan for all your hard work!
James M
Luther was excellent. Very clear in his advice and explanations of products and was able to move things on very quickly when we ran into difficulties with the estate agents. Without a doubt I would recommend Luther to all friends, family and colleagues. Luther was a joy to deal with and took a lot of the stress out of a troublesome transaction, from my end. I would view Luther as real asset to Clifton Private Finance Ltd.
William W
The team at Clifton Private Finance has been outstanding, not only in helping me to obtain a mortgage on a slightly unusual home, but also in continuing to provide support and liaise with the lender and solicitors through to completion. Thank you for making the process of buying my first home much easier.
Chantelle S
Sam O'Neill, and the new lender he identified for me, worked tirelessly together using my time constraints, to make sure my mortgage application was completed on time. They are a brilliant company to work with, fast, efficient, open and transparent from the very beginning, and turned a seemingly impossible situation into a viable one. Sam was brilliant throughout the whole process and I would highly recommend him, and his colleague Helen, to anyone without hesitation, I cannot speak highly enough about them.
Myr B
I was incredibly lucky to find Clifton Private Finance after a search on line as their service has been more than exemplary. My point of contact was Sam 0’Neill and he was happy to help at every stage during the application of the bridging loan, making a stressful process much easier to deal with. He was always available by phone or email and gave prompt answers to queries I had as well as always getting back to me when he said he would. That to me is excellent customer service and I cannot thank him personally or the company enough for the support they have given me.
C Jefferey
Adam cannot thank you enough for all your support throughout this arrangement. You have gone more than the extra mile to support us. Without you we would not have got our dream retirement home. You have been most professional and personable. Liz and I would be more than happy if you wanted to use us a reference with respect to any future clients.
Nigel & Liz K - Bristol
You have certainly shown me that you do everything for your clients, including tolerating their excessive emails and questions for updates. I have been kept in the loop, from yourself, about why the delays were occurring (Nationwide, post etc) which I would like to highlight that I really appreciated. I certainly will be able to recommend you to others as and when the need arises.
Mr Morris
I recently contacted Clifton Private Finance after a Google search for bridging finance providers and was immediately struck by their efficiency and support. Forms were emailed over almost immediately and the necessary finance was arranged within a few days. None of the other companies I contacted came close to their professionalism, and the quote that I eventually received was impressive. Thank you Adam, your help has enabled us to reserve the house that we wanted and I certainly recommend you to others.
Mr M. R. - Oxford
Absolutely brilliant. The service was first class, got everything sorted efficiently and were always friendly. Any fees were negligible compared to the service offered. Robert was particularly outstanding.
Charles N
My advisor, Robert, was very helpful in finding the mortgage to suit me. He kept me up to date throughout the process and dealt with any issues when they arose.
Rowena C
