Caravan park operators are expecting a boost thanks to the liberalisation of pensions, as retirees use their nest eggs to buy mobile homes.
It is thought that sales of caravans are likely to benefit from the government’s decision to scrap the compulsory purchase of annuities.
A ‘windfall’ such as pension release could increase caravan sales and drive forward growth in the sector, resulting in a high number of caravans being snapped up.
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