Holiday Home Shared Ownership Made Simple

March 2024

Shared ownership with Salop Caravan Sites is a hugely beneficial option for realising the ambition of owning a holiday home in one of the UK’s most stunning locations. It is a massively popular option for holiday home owners, in fact, already 50% of Salop Caravan owners have bought their holiday home as a family utilising our shared ownership scheme.

How does shared ownership work?

Salop Caravan Sites Sales Director, Chris Jones, sheds some light on how shared owner at any Salop Caravan Site works:

“Shared ownership works in the sense that it’s a way for people to buy a caravan or a lodge as a family, whether that be brothers, sisters, mothers, aunties and uncles. Together collectively that means that people can spend more money perhaps or just cover those running costs to make it easier and more affordable for them. We have seen a rise in shared ownership over recent years. Again, that’s probably down to the fact that caravans and lodges cost much more than they used to three, four, or five years ago and the site fees of course are at a level. So, we’ve seen an increase in that and we welcome it.”

Watch Chris’ full interview here for further leading insights on all things Salop Caravan Sites.

Shared ownership, shared costs

Splitting the costs between you and your family means that instead of bearing the full cost of owning a holiday home, you can share the costs with your loved ones, making it a much more affordable option. Shared ownership also comes with the added benefit of co-ownership, which means that every family member who contributes to the purchase becomes a part-owner of the holiday home. Not only does this option make the holiday home more affordable for each individual, but it also ensures that the property is well-maintained and looked after since everyone has a stake in it.

The gift of shared quality time

One way to invest in quality family time is by purchasing a holiday home that can be shared and owned by multiple people. This allows for a luxurious retreat where families can make everlasting memories in stunning coastal or countryside settings. When families share the ownership of a holiday home, they gain a sense of exclusivity and privacy, as well as a place to escape the hustle and bustle of everyday life. The benefits of having a holiday home include the ability to create a home away from home, the opportunity to unwind and relax in a beautiful natural setting, and the chance to bond with loved ones.

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