Relinquishing« Back to Questions List
|
How do we relinquish our property my husband is now unable to come due to mobility and we have been trying to sell for many years
Please hel
|
|
Is anyone from the Committee prepared to respond? |
|
So the question then becomes Julie, is there a legal limit as to how many lodges a single entity can own within the Underscar rules of ownership or leasing arrangements, if your inference is that a large holiday park company could start buying up any financially depreciated owners weeks or stock weeks for that matter? |
|
Probably one of the large holiday park companies. Marketing has always been the issue, I’ve lost count of how many emails/conversations I’ve had over the years and nothing has changed. |
|
Probably one of the large holiday park companies. Marketing has always been the issue, I’ve lost count of how many emails/conversations I’ve had over the years and nothing has changed. |
|
A holiday complex owned by whom in the interim prior to the long term lease end-date Julie? It will be owned in the interim by UOCL? There’s a tipping point where failure to address effective marketing of Underscar, at national level, for both rentals and sales, leaves owners of long term leases with a downward spiral of events, having no option but to pay for the privilege of relinquishment so long as they cannot sell , or having to meet increasing management fees to cover for an increasing number of unrented lodges that will be owned by the club ( as stock weeks). Effective marketing becomes key to it all, so why wait for a downward spiral to occur, impacting all owners of longer term leasehold lodges ,when this has the potential to be avoided now? And the irony is that Underscar has the potential to be effectively marketed if only more people knew of its existence across the country. A higher profile needs addressing urgently does it not? |
|
I would imagine, in time, Underscar will become a holiday complex as ownership continues to decline. |
|
Has this aspect of a significant proportion of owners needing to sell as they age been addressed as yet by the committee in terms of a collapsing business model? |
|
We tried to sell ours for years, in the end, Underscar offered, for a very limited time, for owners to give the property back for a fee. We paid £2k but it was £2k well spent. I guess if occupancy is low, this won’t be on the table anytime soon. I honestly feel you pain, when my husband was unable to visit, I’d visit alone but my biggest concern was what happened after we’d ”gone” – having no children, I didn’t want my neices to have to deal with the complex issues of owenership (not that they’d want to) |
|
This is the big question that I guess many owners are asking. I don’t have the answer unless you just walk away but not sure of the legal liabilties with doing this… perhaps someone can help? You won’t get a response from the Board/Committee as this is a topic they don’t want to face up to (the elephant in the room if you like) but many owners are becoming less mobile and just purely getting older (or worse!) and not as interested in walking the Lakes as they once were, it’s as simple as that. |
