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Dream Lodge Group

1911131415

Comments

  • dunstonh
    dunstonh Posts: 119,511 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    No
    Mylo123 wrote: »
    Hello,

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

    you pay a visit to your local funny farm and ask for the magic beans.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • badger09
    badger09 Posts: 11,568 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Or try under the nearest bridge:cool:
  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Mylo123 wrote: »
    Hello, We are thinking of investing... How do you find them
    You don't, it's a poor deal compared to the alternatives that are around, like:

    1. Many FCA regulated peer to peer lending platforms where you can get 12% before bad debt, with lending normally secured on property of some sort, from homes to cars, or 6% from some longer-established firms with protection funds instead of security.
    2. Regulated venture capital trust places that can pay around 10% tax exempt after allowing for the reduced purchase price from the 30% HMRC tax refund at time of purchase.

    So forget this firm and go with the more competitive deals elsewhere instead.

    The typical way things like guaranteed returns for a certain number of years are arranged is just to charge you that much extra on the purchase price of whatever it is you're being sold. Then it doesn't matter at all to the seller whether there's any market for the place because they already have the money from you to pay you. You may also find that there are lots of fees that are deducted from the money before it is paid to you.
  • No
    Mylo123 wrote: »
    Hello,

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

    Jeremy Corbyn has a scheme where he can pull £500 billion out of a hat. Invest there is my advice!
  • EdGasket
    EdGasket Posts: 3,503 Forumite
    Jeremy Corbyn has a scheme where he can pull £500 billion out of a hat. Invest there is my advice!

    With negative interest rates it's probably very easy and a good idea to use cheap money to invest in jobs and infrastructure. Sounds a better plan than the current QE plan by the BoE which just forces up the price of gilts so pension funds can't pay the pensioners any more unless they invest in something risky which the regulator doesn't like.
  • jimjames
    jimjames Posts: 18,565 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    No
    EdGasket wrote: »
    With negative interest rates it's probably very easy and a good idea to use cheap money to invest in jobs and infrastructure. Sounds a better plan than the current QE plan by the BoE which just forces up the price of gilts so pension funds can't pay the pensioners any more unless they invest in something risky which the regulator doesn't like.
    It is funny how this plan is criticised when as you say it will create jobs and infrastructure and avoid the issues that are impacting pensions from QE.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • EdGasket
    EdGasket Posts: 3,503 Forumite
    indoet93 wrote: »
    Di bagian atas Anda

    ^^^^ just when you thought Brexit meant well, less migrants.
  • badger09
    badger09 Posts: 11,568 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    EdGasket wrote: »
    ^^^^ just when you thought Brexit meant well, less migrants.

    fewer;)

    sorry:o
  • Fascinating read. I was looking at Dream Lodge as a potential investor. I worked in the City for 27 years and the old adage of "if it's too good to be true - then it probably is" firmly applies. I actually think that potential rental yield for a realistically priced lodge would still be attractive - problem is you can't really buy them in the secondary market. The market is very illiquid and looks rigged. Is someone like Haulfrn more reputable? I guess it's the same flawed business model (from investor perpective). Shame on the Mail and Express for poor quality journalism - but what do you expect...
  • dlk
    dlk Posts: 260 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I really can't comment on how secure an investment it is. I did look into to it a year or so ago and considered it but decided against it in the end as like others have said the capital value of the lodges does seem very high and of course after the initial 3 yrs there are no guarantees as to what return you are likely to receive.
    I've been to the Norfolk Park dream lodge 3 times on a holiday basis and have to say the quality of the site and the lodges have been beautiful and we've actually booked to return a 4th time next summer.
    I was surprised to see on the linked article someone only getting 75k resale from their 200k lodge, yes 200k seems overpriced but 75k seems very low! For what it's worth, if someone has a lodge they want to sell and the dreamlodgegroup only offers 75k then contact me and I'll top their offer!
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