Buying a holiday caravan or lodge is similar to purchasing a television, motor car or any other consumer item. It is not a property transaction. Over its lifetime therefore its value is also bound to decrease.
The paperwork consists of two parts:
1) Purchase Agreement
For the sale there is a Purchase Agreement, a bit like an invoice. Once paid for the holiday home will be owned by you, and you may remove it or take it elsewhere
2) Siting Agreement
To permit you to site your holiday home at the park you will also sign a Siting Agreement which will set out the terms by which you can locate your holiday home at the park
There is no ground-rent, lease, tenure or property conveyance therefore. The annual pitch fee (which is originally set at the alternative value your pitch would have had to the Company) will be increased, usually by the rate of inflation, each year. There might be other charges such as rates, insurance and water etc.
Park facilities are not a condition of the sale, nor can they be guaranteed as they may be added to, altered or closed at any time.
If any agreements have been reached which you feel are a condition of your purchase, they must be entered under the 'special arrangements' section of the Purchase Agreement, or they will otherwise not be recognised as a condition of the Agreement.
We try to keep everything as simple as possible, but should you have any queries or doubts, either before or after your purchase, please do ask, and we hope you have many years of enjoyment from your holiday home.
TERMS & CONDITIONS
1.0 Our Agreement
We are pleased to accept your order as set out above. You are encouraged to take time to read all the details of this Purchase Agreement and the related Siting Agreement. If you decide not to proceed within a period of 5 days from the date of this order you can cancel by giving us notice in writing without penalty. Where you have breached the agreement by cancelling outside the 5 day cooling off period, we will be entitled to recover out losses incurred in consequence.
We will notify you in writing when your holiday home is sited and ready for use. Any date given for the Start Date is approximate, and we shall not be liable for any delay if this occurs as a result of any cause beyond our reasonable control.
We expect you to pay the balance due within 28 days of informing you that your holiday home is ready for use, and we reserve the right to charge monthly interest at 4% per annum over the base rate until full payment has been made.
4.0 Value Added Tax
If the rate of value added tax should change between your order and its completion, the amount finally charged may be adjusted accordingly
5.0 Arrangements for Insurance
Responsibility for damage or loss of your holiday home passes to you upon payment. You should therefore make insurance arrangements from that time. Please check your Siting Agreement to ensure you comply with the insurance requirements or ask us about cover we have available.
6.0 Statutory Rights
Nothing in these conditions reduces your statutory rights relating to faulty or misdescribed goods.