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May 1, 2023

Can you get finance for buying a holiday home?

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If you’re considering buying a holiday home, it’s only natural that you’ll wonder whether you’re able to arrange a finance option to make the purchase more affordable or find your dream holiday home sooner rather than later.

At Holgates, we understand that a holiday home is a big purchase, and many of our customers ask us this question. The answer is yes – you can get finance for buying a holiday home!

If you’re looking to borrow funds for your Holgates’ holiday home, our friendly sales advisors are able to offer bespoke advice to suit your needs. Where applicable, we can put you in touch with our financing partners, Blackhorse and Santander Consumer Finance, who offer flexible financing to acquire your holiday home and arrange monthly repayments to suit your personal circumstances. Minimum deposit contributions and maximum borrowing terms apply, please contact our team for more details on 01524 701508.

How Much Does A Holgates Holiday Home Cost?

The cost of your Holgates holiday home depends on a range of factors, including the size and type of holiday home you choose. Our range of new holiday homes typically start from around £44,950, but there may be cheaper previously owned options available depending on availability.

Twin unit lodges can vary in price depending on the location, model and age.. For a more accurate estimate of how much you’ll need to borrow for your holiday home, we recommend getting in touch with our team to discuss your requirements to find the right holiday home to suit your needs.

How Can I Finance Purchasing A Holiday Home?

If you’re looking to purchase a holiday home, the cost will depend on a range of factors such as the size and location of your home, amenities, and any available extras. However, if you’re looking to pay for your holiday home in full, or you would prefer an alternative payment option such as finance, our team at Holgates are here to help. We can offer advice on finding the best deal to acquire a holiday home, through our finance partners Blackhorse and Santander Consumer Finance, but you don’t need to choose their financial options.

When it comes to financing a holiday home you can also explore other avenues such as taking out a loan, to fund your purchase or buy outright using savings and investments.. It’s important to note that when considering finance, you should always take into account the terms of your agreement and the rate of interest you’ll be charged.

Can I Get A Personal Loan To Purchase A Holiday Home?

Yes, you can get a personal loan to acquire a holiday home in the UK. Loans can provide a great option if you’re looking to borrow funds quickly, and depending on the terms of your personal loan agreement, you may be able to pay back in smaller monthly installments. However, it’s important that you take into account any interest rates that may apply.

Our friendly sales advisors may be able to offer you advice, and put you in touch with our finance providers, Blackhorse and Santander Consumer Finance. However, if you’re able to acquire the funds elsewhere, either through remortgaging, a personal loan or any other kind of credit, you can use those funds to acquire your new holiday home.

Can I Get A Mortgage On A Holiday Home at Holgates?

No, you can’t get a mortgage on a Holgates holiday home. This is because these homes aren’t permanent residences, and as such, most lenders don’t offer mortgages on them. However, if you’re considering using a loan or other financial option to fund your purchase, our team at Holgates can help you explore the best options available.

What Are The Monthly Repayments On A Holiday Home?

The monthly repayments for your holiday home depend on a range of different factors, including the cost of the holiday home, your interest rate, how much you’ve borrowed and much more. We recommend speaking with our team for more information on the monthly repayment options available and to work out a suitable payment plan that suits your individual needs.

By exploring all of the financing options available, you can be sure to find the best way to fund your dream holiday home from Holgates.

For More Information On Your Financing Options For Holiday Homes, Call Holgates’ Support Team Today

Here at Holgates, we understand how great a decision buying a holiday home can be. That’s why we want you to have all the information possible at your disposal when considering your financing options.

Our friendly and knowledgeable team are here to answer any questions you may have, so don’t hesitate to get in touch today! We’re more than happy to help guide you through the process of finding the right holiday home for you, as well as helping you understand all the different financing options available. With our expert advice, you can be sure to find the perfect way to finance your holiday home.

For more information, call or arrange a park visit today!

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Family owned and operated since 1956,
Holgates Family Group provided outstanding
holiday parks and accommodation to enjoy our
natural locations throughout the year.

01524 701508
info@holgates.co.uk

Head Office
Holgates Caravan Parks, Middlebarrow
Plain, Cove Road, Silverdale,
Lancashire LA5 0SH

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