Tuesday, April 2, 2024

The best holiday homes for a budget-friendly family getaway

Have you ever dreamt of escaping your day-to-day life whenever you like, and visit your home-away-from-home for a well-needed rest?

Or perhaps to have somewhere luxurious to crash after you’ve embarked on your latest adventure in some of the UK’s greatest holiday hotspots?

Well, it’s time to make your dream a reality because we’ve comprised a checklist to help you find the best holiday home for your budget, so you and your family can get away any time you like.

Read on to find out more.

The types of holiday home

There are two main types of holiday homes you can own — a holiday lodge and a static caravan, both coming in varying shapes and sizes.

  • Holiday lodge

A lodge tends to be the more high-end option, which can be beneficial if you’re thinking of subletting, as they are generally more sought after throughout the year.

There are various grades of lodges available with different luxurious, fully-furnished modern designs, so you can easily find the one that best suits your taste.

They usually have spacious interiors and come with all the latest fittings and fixtures, with options for hot tubs and dog-friendly accommodation as well – perfect for the entire family.

  • Static caravan

Static caravans can be a great option when you’re just starting out as a holiday home owner. There are many sizes and styles available to help you find one which suits all your family’s needs.

Make sure to take into consideration the number of bedrooms you’ll need, and depending on your budget, you could even think about additional features like bathrooms, central heating, or double glazing.

Not only can you purchase a fully or half-furnished caravan, but much like lodges, they can be pet friendly.

And the top of the range ones might even feature a hot tub!

Buying

There are many positives to purchasing your very own holiday home.

You can visit any time you like, with the potential of saving money in the long-run on family holidays, all whilst exploring some of the greatest sights the UK has to offer.

 Some of the best perks, along with the things you’ll need to consider, include:

  • Annual fees

When you buy holiday homes with Away Resorts, as an example of a holiday park operator, your pitch fees could be frozen for a number of years. With Away Resorts for instance, this will be for the next three years.

So, you don’t have to worry about the extra cost until you’re in full swing of reaping all the rewards from your home-away-from-home.

Despite this, you’ll want to bear in mind that fees can vary depending on whether you opt for a lodge or a caravan.

There will also be charges from the local authorities for things such as water, gas and electricity, as well as the need for insurance, any upkeep, and possibly entertainment subscriptions.

You’ll want to keep all this in mind when budgeting for your dream holiday home adventure.

  • Pre-owned vs brand-new

Something else to consider when buying a holiday home is whether you’d like to purchase pre-owned or brand-new.

Pre-owned holiday homes can provide you with all the benefits and flexibility of living your staycation dreams for a much more affordable price.

But, if you want a shiny-new property which exceeds your expectations, complete with all the latest designs, furnishings and fittings, a brand-new holiday home will tick all the boxes.

  • Buy to let

Owning a holiday home can be a great investment.

Whether it’s saving money in the long-run on family holidays, or subletting your property to help with the running costs, you could find many benefits of purchasing a holiday home than you initially thought.

Some holiday parks might offer certain services which can help you with your buy-to-let venture, including providing managed lettings services or a fixed return on your investment.

Location

Finally, perhaps one of the most important things to consider when picking the best holiday home for your needs, is the location.

This can affect your budget as certain homes might be more expensive when located in tourist destinations, such as Cornwall.  

So, you might want to find somewhere which balances your dream location with a more affordable area.

On the other hand, if you’re hoping to sublet your home, you might find you can charge more competitive rates in a desirable location.

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It’s clear there’s a lot to consider when picking the best holiday home for your budget-friendly family getaway.

If you’re hoping to make a longer-term investment, with the potential of sub-letting, a lodge might see the best returns.

But if you’re looking for a more budget-friendly home-away-from-home from the get go, a caravan may be the way forward.

Either way, you can now take your first steps towards discovering your dream holiday home adventure.

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