Post-Brexit Boom In Holiday Home Sales
With holiday caravans and lodges being more affordable than traditional houses, but certainly no less of a second-home in terms of space and style, sales at South West Holiday Parks’ two sites in Cornwall and their flagship park in Devon, have surged in the past 12 months.
The company has put the increase in sales partly down to more Brits opting to stay closer to home for their holidays, as the uncertainty of Brexit looms. “While Brexit has cast uncertainty over the economy, it is evident to us that people are still buying holiday homes, but here in the UK times have changed,” commented Josh Donald, Managing Director of South West Holiday Parks.
“Rather than watching their savings devalue month by month due to poor interest rates and rising inflation, our owners are buying a great holiday home, in a beautiful location and can sit back and relax knowing we take care of everything for them.”
He added: “Many people either have cash in the bank and are ready to buy a holiday lodge or caravan, or they use equity release so they can buy a holiday home without having to sell their main home and downsize. With a range of finance deals also on offer and more developments planned, we feel the holiday park is on the rise.”