- James and Emma Richardson purchased the caravan at Tattershall Lakes in 2022
A couple have told of their fury after they bought a caravan for £110,000 but were left financially crippled and £50,000 out of pocket.
James and Emma Richardson, of Cleethorpes, purchased the caravan at Tattershall Lakes country park in 2022, intending to earn some money by renting it out as a holiday home.
The pair claimed a salesperson at the park told them their rental income would be enough to cover their £1,269 monthly finance repayments.
But when approached by the BBC, a spokesperson for the company Away Resorts said ‘there are no guarantees’ about the income buyers will make from subleasing.
The couple claimed they faced months where their rental income was as little as £200 after deducting £1,200 for cleaning fees, rental costs and visitor passes.
James and Emma Richardson (pictured) purchased a caravan at Tattershall Lakes country park in 2022
Caravans and houses on the coastline in Skipsea, East Ridings, of Yorkshire
Mr and Mrs Richardson desperately tried to sell the caravan but had their offer rejected by the park, costing them £20,000 to give back the home and settle their finance agreement.
Mr Richardson said that within a two-year period the couple endured losses exceeding £50,000, which he said has financially ‘crippled’ them.
The couple had given an initial £25,000 deposit from money Mrs Richardson inherited from her parents and covered the rest with finance from a third party.
A representative for NCC, the trade body for the industry, said: ‘We work with our member parks to remind them of their obligations and responsibilities to help consumers understand clearly what they are buying, when and how they can use their holiday caravan or lodge, and that they treat all customers fairly and honestly using simple language and following best practice.’
Away Resorts told the BBC that ‘comprehensive information, including detailed terms and conditions’ is given to all interested customers to ensure their complete understanding of the risks involved.
Andrew Dawson (pictured) purchased a caravan before being diagnosed with terminal cancer, only to realise his purchase had severely decreased in value
MailOnline has contacted Away Resorts for comment.
Meanwhile, East Yorkshire couple Andrew and Sue Dawson purchased a caravan at Parkdean’s Skipsea Sands holiday park in 2022.
The family was then given the tragic news that Mr Dawson, 59, had terminal cancer and was given ‘a few short years’ to live.
They went to sell the caravan, only to discover it had suffered severe depreciation from £62,400 to just £17,000, The Express reported.
MailOnline has contacted Parkdean Resorts for comment.
