Buy-to-let scheme with a difference
A YORKSHIRE business has introduced an alternative buy-to-let property scheme which it believes will be attractive to investors.
Humberts Leisure has created the Holiday Lodge Investment Programme which it claims offers higher yields than many buy-to-let opportunities as well as promising hassle-free ‘hands off’ management and ownership of a holiday home.
Specialist chartered surveyors Humberts Leisure have extensive experience of the holiday lodge business, working with park operators across the UK.
The company has used its experience in the sector to put together a range of investment packages, including legal and tax advice. The programme has been launched at the Ideal Home Show.
Director Peter Smith said: “The UK holiday market is a rare growth sector, with many operators reporting increased bookings in 2009 as the weakness of the pound and the general economic situation encourages people to holiday in the UK. As a result, the holiday property market is far more buoyant than other property sectors.
“Investing in a holiday lodge could be a great option for anyone who is interested in putting their money into property, with expected yields ranging from five to 10%, experienced park operators taking care not only of bookings but also security, maintenance and all the day-to-day issues that arise, and many investment schemes allowing the lodge owner to spend up to eight weeks a year in their own lodge.”
Humberts Leisure is offering investors a range of holiday letting lodges on approved holiday developments around the UK and has brought together a team of experts in marketing, accounting, taxation and legal matters to produce a lodge investment ownership package.
The package is geared up for investors who want to put their money into a single unit as well as those who want to spread their investment with larger numbers of lodges, whether on one park or across a number of locations.
