Dream Lodge Group

jimjames

No

Onawingandaprayer wrote: »

And what about to MSE?

No obligation to do so but if you don't then mse could well delete the posts in question.

Dream lodge may get posts deleted but I've taken a copy of the thread and will look to host on my blog if the contributors are happy with that.

Archi_Bald

No

jimjames wrote: »

Dream lodge may get posts deleted but I've taken a copy of the thread and will look to host on my blog if the contributors are happy with that.

Thank you jimjames. I am certainly happy with you reproducing my post in this thread that if you are happy.

Onawingandaprayer

No

Archi_Bald wrote: »

Thank you jimjames. I am certainly happy with you reproducing my post in this thread that if you are happy.

Happy for you to use mine too.

colsten

No

And me.

I'll also take a copy of this thread before it gets edited.

jimjames

No

There's a post about Dream Lodge Group here. If anyone would like to comment on the blog then feel free


http://damn-lies-and-statistics.blogspot.co.uk/2015/11/dream-lodge-group-guaranteed-investments.html

badger09

Happy to have mine included:)

Albus

How telling that, rather than trying to defend and evidence the claims that the DREAM LODGE GROUP makes about its investment caravans, its response to this thread has instead been to use its solicitors to pressurize people who simply don't need the threat of legal action (however baseless) in their lives into removing legitimate posts.

Well, to redress the balance, there is one additional piece of appalling practice on the part of the DREAM LODGE GROUP that I have not previously touched upon.

Even if you are eventually able to sell your lodge / caravan at all, in addition to the vast capital loss that you are likely to realise, it is the DREAM LODGE GROUP's policy to sit on the proceeds of sale for several weeks (in my case 28 working days) before transferring funds to the owner. I queried whether, in the meantime, the funds would be held in a segregated client / trust account, but apparently not, they simply sit there mingling with the DREAM LODGE GROUP's own funds.

On the DREAM LODGE GROUP's approach therefore, should the organisation become insolvent in the 28 working day period between the lodge being sold and funds being remitted to the owner, the owner's money would not be in any way protected or ring-fenced from the DREAM LODGE GROUP's other money - the owner would simply have to stand in line with the rest of the DREAM LODGE GROUP's unsecured creditors and hope for the best.

To my mind, this custom demonstrates the complete contempt that the DREAM LODGE GROUP has for its lodge owners.

In my view, taking into account:

1. the painful difficulty that there was in finding a buyer for my lodge;
2. the fact that the DREAM LODGE GROUP returned to me a mere 37% of my unused lodge's value;and
3. the lack of security that was offered in respect of the sales proceeds;

the investment caravans marketed by the DREAM LODGE GROUP are a SPECTACULARLY POOR INVESTMENT, which I would not touch with two barge poles tied together.

But as I say, that is just my opinion.

jimjames

No

Albus wrote: »

How telling that, rather than trying to defend and evidence the claims that the DREAM LODGE GROUP makes about its investment caravans, its response to this thread has instead been to use its solicitors to pressurize people who simply don't need the threat of legal action (however baseless) in their lives into removing legitimate posts.

I completely agree. It's quite telling when a company uses to solicitors to pressure posts into being deleted rather than actually using a company account to post and reply to any incorrect information.
To me that strikes of the information actually being correct so they daren't risk getting into a debate over it and prefer the threat of legal action instead. Backfired a bit really as this post is now back at the top and will appear higher as well as the linked information that is on the blog about Dream Lodge investments. http://damn-lies-and-statistics.blogspot.co.uk/2015/11/dream-lodge-group-guaranteed-investments.html

panter

If anyone has £200,000 going spare, please send it to me as I have a gringlejok to sell. I will pay you an 8% return on your investment (less some expenses) and then in a few years' time I will buy back the gringlejok from you for £75,000.

Just lie back and think of the 8% return.

panter

At 80 an annuity sounds like a better bet.

Having looked into a lodge/static caravan "investment" myself, I know that if you buy new you will lose a lot of your capital anyway. I considered buying second-hand direct from another owner, but found the park's charges were even higher if you don't buy from the park company. (Who'd pay a good price to buy second-hand from a private owner if they have to pay higher park charges!) Your park may not even allow you to sell privately anyway, in which case they have you over a barrel.

What if your Mum lives to be 105? How long would a lodge last before needing major refurbishment or replacement? There is the possibility she could end up having to sell for a pittance and be left with no income.

I gave the whole idea a very wide berth. I hope your Mum did the same. (Do we know what happened?)