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Dream Lodge Group

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Comments

  • AndyT678
    AndyT678 Posts: 757 Forumite
    Part of the Furniture Combo Breaker
    Hey!

    My completely factual post got deleted without anybody contacting me.

    In case anybody missed it I pointed out the following truths:

    1. This is a completely unregulated investment which means that the people promoting it are able to make claims that would not be permitted for a regulated investment.
    2. Caravans depreciate. There is wear and tear and they get old and shoddy.
    3. The land on which these lodges sit is not owned by the investor.
    4. The guarantee of income is only good if the company providing the guarantee stays in business.
    5. There is no independent secondary market for these things. You cannot get your money back except by selling through the original vendors and if they have full price new units to sell why would they want to sell someone else's?
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    No
    Just my opinion: it's hard to see why anyone would risk losing tens of thousands in a totally unregulated scheme. Particularly when there are not just theoretical considerations but also practical examples that demonstrate how the funds invested depreciate dramatically.
  • Onawingandaprayer
    Onawingandaprayer Posts: 642 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    edited 24 November 2015 at 5:22PM
  • doe808
    doe808 Posts: 452 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    No
    Did you get an email to say your posts were being removed?
    Total - £340.00

    wins : £7.50 Virgin Vouchers, Nikon Coolpixs S550 x 2, I-Tunes Vouchers, £5 Esprit Voucher, Big Snap 2 (x2), Alaska Seafood book
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    No
    doe808 wrote: »
    Did you get an email to say your posts were being removed?


    Why are you asking?
  • Sam_J12
    Sam_J12 Posts: 253 Forumite
    Looks like my post has been removed too - all I did was comment on the large number of results in a Google search that either highlight Dream Lodge being highly risky, and to avoid it.
  • No
    If you can't say anything nice about the Dream Lodge Group, best say nothing at all. Personally speaking, I've recommended them to every 80 year old I know (as per the original post.)

    https://forums.moneysavingexpert.com/discussion/5362289
  • Hello,

    We are thinking of investing... How do you find them
  • jimjames
    jimjames Posts: 18,563 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    No
    Mylo123 wrote: »
    Hello,

    We are thinking of investing... How do you find them

    Why would you want to? Is a barge pole not enough for you?
    Remember the saying: if it looks too good to be true it almost certainly is.
  • eskbanker
    eskbanker Posts: 36,928 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Mylo123 wrote: »
    How do you find them
    By not looking hard enough.... ;)
This discussion has been closed.
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