Pensions expected to boost caravan sales

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.

Long-term strategic planning is a key step to holiday rental businesses maximising performance and reaching their full potential. Milsted Langdon’s specialists will work with you to identify where you are now and where you want to be in the future, as well as defining your objectives and the actions you need to achieve them. We can help with issues including cash flow projections and forecasting to support proposals for funding for new developments and assist in raising finance. For more information, please contact us.

Posted in Caravans.