“Can I get a mortgage on a lodge?” is one of the first questions people ask. The short answer is no. You can’t buy a holiday lodge with a mortgage. So it’s worth thinking about how you’ll pay early on, before you fall for a particular lodge.
Why there’s no mortgage
A mortgage is a loan secured on land and buildings. With a holiday lodge you own the lodge, but the park owns the land, and the lodge sits on its pitch under a licence agreement. That’s why lodges are bought differently from houses. Our guide to pitch licence agreements explains how that works.
How buyers usually pay
- Savings. Many buyers use savings.
- Selling something they already own. Some buyers sell another property or asset.
- Part-exchange. If you already own a holiday home or a tourer, you can put it towards your lodge.
At Epworth Fields, deposits and payment terms are agreed individually with each buyer, and we’ll go through them in full before you commit.
If you’re thinking about borrowing, speak to an independent financial adviser first.
Part-exchange at Epworth Fields
We accept lodges, motorhomes, static caravans, touring caravans and chalets in part-exchange. Tell us what you have when you get in touch, and we’ll talk it through. See part exchange your static caravan.
What your money buys at Epworth Fields
- Lodges from £49,995.
- Siting, connection, decking and furnishings included in the price.
- A site fee of £3,000 plus VAT a year, frozen for 5 years.
- No council tax on a holiday lodge.
- An owners-only park, open 12 months a year, with an owners-only fishing lake, woodland walks and a picnic area, in 12.5 acres on the Isle of Axholme.
See all current lodges and prices on our lodges for sale page, and the full picture in our cost of buying a holiday lodge guide.
