Buying as a Family Group to Reduce Costs
Rising Costs Drive New Ownership Models
With increasing energy prices, site fees, and maintenance costs, the Park Home and Holiday Park Association (PHHPA) has seen more buyers exploring shared ownership models. Across the UK, from Cornwall’s coastal retreats to the Scottish Highlands, buyers are pooling resources to make holiday home ownership more affordable.
Operators like Haven, Park Holidays UK, and Park Leisure are seeing more customers enquiring about shared purchases particularly for larger, higher-spec lodges from brands like Willerby, ABI, and Victory Leisure Homes.
How to Make Shared Ownership Work
1. Draft a Legal Agreement – Set out who owns what share, usage rights, and exit terms.
2. Create a Usage Calendar – Avoid conflicts by agreeing time slots in advance.
3. Split Running Costs Fairly – Divide site fees, insurance, and maintenance proportionally.
4. Think Long-Term – Plan for resale and what happens if one party wants to exit.
