The Lodge Park with a difference
Buying a holiday home is a big decision and we’re here to help ensure that it’s made as simple as possible. Operating openly and honestly, it is our promise to you that we will endeavour to be the best!
Below are some of our most frequently asked questions.
Why buy a holiday home at Frisby Lakes Lodge Park?
For the lifestyle! Our park is a friendly community designed for the over 45s. Ideally suited for people who want a safe base from which to enjoy their relaxation time and who want the security and peace of mind of belonging to a community of like-minded individuals.
What is the process to buy a Holiday Lodge at Frisby Lakes?
Once you’ve selected your chosen plot, a £2000 reservation deposit is paid, we will then work with you to design your lodge. When final plans are agreed, and signed off a 40% payment of the total cost is required to order the logs from Finland, which will take approximately 8 weeks. The logs will be delivered to site and a further 40% is due to commence the eight week build. The remaining 20% will become payable on completion.
Do I need a Solicitor?
The lodges are bought directly from the Park, so you do not need to employ a solicitor to buy as no conveyancing takes place, due to the fact that you are not purchasing the land that the holiday home is sited on. You will be entering into a legal agreement with Finlog Developments Limited, the Park Operator, to have the Lodge located at Frisby Lakes Lodge Park on a 99-year renewable lease, so you may wish to seek clarification over the terms and conditions of the agreement.
Is stamp duty applicable?
No. Stamp duty is a tax payable on a transfer, conveyance or lease of land and you do not own the land where the home is sited, so no stamp duty is payable. You will of course own the holiday home.
Are pets allowed?
Yes, although this is at the park owner's discretion, and pets should be well behaved and friendly to ensure that they do not cause a nuisance to other owners.
Can children live at Frisby Lakes?
We are afraid not. Our park is designed for the over 45s, so children are not allowed long term, however, they are welcome to visit for holidays, weekends or sleepovers.
Can I rent my Holiday Home out?
Not for commercial gain. Friends and family are welcome to use your holiday home, as long as they respect the park rules and as the owners you will be responsible for their actions.
What is a pitch fee?
The pitch fee or ground rent is charged annually and covers the running costs associated with the business. This includes the upkeep of communal areas, security and on park facilities. The pitch fee can only be increased on a pre-set date and in line with your agreement, which is strictly governed to prevent park owners increasing the fee in an arbitrary way.
Is Frisby Lakes Lodge Park licensed?
Yes, the park has a 365-day holiday licence and is licensed by the local authority. Copies of licences are available to view upon request.
Is Council Tax payable?
No, because this is a holiday home. You must be registered for voting and postal services at a primary address.
What documentation should I receive?
The Licence Agreement is the most important document you will receive as it sets out the terms on which you are entitled to keep your holiday home on the park and explains your rights in law. This agreement is transferred to the new occupier if/whenever a lodge is sold on the park. You will also receive a copy of the Park Rules, which are to ensure the smooth running of the park.
Can my lodge be re-sold?
After valuation, you must offer it to the park owners first and should they decline you can then sell on the open market, although we will vet your prospective buyer and they must be 45 or over.
Do I have to pay commission to the park owner if I sell?
Yes. The payment of commission on the sale recognises the park owner's investment and interest in the land and park infrastructure. The current maximum commission rate is fixed at 10%. When a home is sold, the purchaser acquires the home itself (which they then own outright) together with the right to station it on the park owner's land granted upon assignment of the Licence Agreement.
Can a lodge be passed on in a will?
Yes. The home can be passed on just as any other possession. If the home is left to a spouse or partner who is in occupation, the surviving partner will inherit the rights and can continue to live on the park. If the inheritor is under 50 they cannot move into the home but they can sell the home on the open market. The 10% commission is not payable at the time the home is inherited but would be payable when the home is sold.
Can I get finance?
Yes. Finance is available but it is best to use a specialist in leisure home finances. We are happy to give details of this type of finance provider.
Can a Lodge be adapted for a disabled person?
Yes. The beauty of a Finlog holiday home is that they can be finished to your own particular needs, so we can arrange the installation of ramps and handrails for access, if necessary.
Are log homes economic to run?
Yes. The solid log lodges are built to very high standards and often require less energy than traditionally built homes. They are double-glazed (triple glazing is an option) and exceed BS3632 which requires high levels of insulation for year-round occupation.
Do I get a Guarantee?
Yes, all Finlog lodges are built to exceed BS3632 and are guaranteed for 10 years, subject to conditions.
How Much Maintenance is Required?
A new Finlog Lodge is likely to need little or no maintenance during the first 10 years, other than external painting every 3 – 4 years. As with all properties, the guttering should be checked and cleaned regularly but other than personal changes, maintenance is extremely low.
Are the services connected?
Water, sewerage, LPG piped gas and electricity are all connected. They are metered and charged quarterly. Mini Sky television dishes and television aerials are allowed to be erected in discrete positions.
Can I get insurance on my holiday home? There are many specialist park home insurers. We recommend a supplier but you can of course obtain quotes to compare prices and levels of cover.
Frisby Lakes Lodge Park, Frisby Lakes, Hoby Road, Nr Melton Mowbray, Leicestershire, LE14 3TL.
Tel: Freephone 0800 999 8853
Tel: 01664 434108
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Finlog is a member of the Which trusted traders scheme