Fractional ownership allows a property to be sold in shares to multiple like-minded individuals rather than as a whole in the case of a traditional full sale. Usage of the property is dictated by a Revolving Calendar which forms part of the Fractional Ownership Legal Documents Pack. This legal documents pack also contains the Contractual Rights, Responsibilities and Obligations of all the fractional owners.
Ownership of a Vista Lodge through a 15 year license with all the benefits and responsibilities of ownership. You will own a share of a fully equipped holiday lodge. A 1/6 or 1/8 share of a Vista lodge to use for 8 or 4 weeks throughout the year. The holiday times will be a mix of weekends, mid-week breaks and full-week periods during either peak times or off peak times depending on what you purchase. Your holidays will be distributed throughout the year. Christmas and New Year will be shared amongst all owners throughout the 15 year period. You are permitted to rent out your holiday periods to earn income. An Annual Service Charge will be levied. Rules will be in place concerning the conduct of guests – these rules are laid down to protect Owner’s investment, integrity and enjoyment of the Lodge. Owners are entitled to privileges such as membership of the Platinum Club.
Maintenance on a regular basis.
All utility costs.
Insurance of the lodge and contents.
Sinking Fund for major repairs and replacements.
Ground Rent.
Cleaning and preparation at all changeovers.
1/6 or 1/8 share.
The weeks are variable within a fixed set of dates. There are two levels – off-peak and peak. The price you pay dictates which dates you are entitled to. For example for a Peak share your dates will circulate around the key peak times throughout the year based on school holiday periods. An off-peak share will avoid school holiday periods. Christmas and New Year, however, will be shared by all owners over the 15 years.
The Vistas are now available and the next phase is now released.
You can obtain funding by:
A loan secured on your main residence or other property.
Re-mortgaging.
From existing investments.
Your existing pension.
Blue Pebble Money on 01202 716777 can advise if help is required.
Sandy Balls has been a holiday park for over 90 years, owned and run by the same family. The fractional ownership of the Vistas Lodges commenced in the Autumn of 2011. However, Sandy Balls have been renting similar lodges to holidaymakers for many years.
Please contact the Vista Sales team who will be happy to give you owners testimonials.
Yes, subject to availability and we will offer a special rate.
Once you have reserved a share, you will be required to exchange Contracts within 28 days. For a period of 14 days after Contracts have been exchanged, you will have a cooling off period which you can withdraw if you change your mind. If you still wish to proceed after this 14 day period, you will then be required to complete your purchase.
If you wish to sell your share you will be required to offer it back to the other owners first, and if they do not wish to purchase, then you can offer it to Sandy Balls who may have a potential customer. If not, you may offer it to a third party. In each case, you will liable for the legal costs relating to the transfer together with a transfer fee of 10%. NB. Transfer fee does not apply if transferring to a family member.
The holiday calendar is already prepared indicating the spread of dates. These are based on peak or off peak times and identify your entitlement. In most cases you have a holiday period at the Vista Lodge almost every month of the year. There are 3 holiday schedules for peak and 3 holiday schedules for off peak.
All Vista Lodge Owners automatically join the Platinum Club which includes a Personal Concierge Service.
This is exclusive to Vista Lodge Owners and offers free access to all amenities and facilities on site; special discounts on selected purchases on site (except the shop); Special discounted rates for golf; free fishing (Rod License required); Sandy Balls Family and Friends discounts; facility to rent out unused holiday periods; all privileges extended to your guests together with the Concierge Service which is there to provide you and your guests with whatever you require.
Each owner is required to pay an Annual Service Charge to cover a License Fee (ground rent), a Changeover Fee (housekeeping) and a Contingency Fee (sinking fund). The amount is dependent on whether you own a 4 week or 8 week share. Accounts are kept and details provided to each owner annually.
There is a very clear legal requirement in terms of increasing service charges which involve consultation with all parties and exercising a degree of reasonableness. This is outlined in the Contract.
The price stated is inclusive of VAT.
There are certain regulations which are issued to all owners to ensure each investment is protected and therefore can be enjoyed by all owners and their guests.
Everything has been thought of from teaspoons to bed linen. Please see website for full information.
There is a range of amenities including restaurants, bar, swimming pools (indoor and out), hair and beauty. Please see Sandy Balls web site for full information.
You cannot roll over any unused days but if you do not require them, these can be rented out for you and the rental income given to you, less any administration charge.
This is acceptable and Sandy Balls will help you find a suitable holiday maker. However, the Management retains the right to refuse anyone they consider unsuitable. This is done to protect and safe guard all Owners.
These are owned by Sandy Balls, when each Vista Lodge is sold, the freehold will still be owned by Sandy Balls, who have been In operation for over 90 years, in the unlikely event that the Park Is sold, the individual Licenses of the Lodges will be unaffected and will continue in full force.
Sandy Balls is the only holiday village located in the New Forest National Park of its size and reputation. It offers a huge variety of wildlife, and recreational activities both off and on site. The Vista Lodges are of high specification and standard with exclusive benefits to Owners.
No, we do that.
No, you can use the Lodge as soon as you make your purchase in accordance with the Holiday Schedule.
This is clearly explained in the Contract and the Sinking Fund is used for major repairs and replacements. However any breakage and damage must be reported and the appropriate action therefore can be taken.
Of course, but you only need to bring your clothes. Everything else is supplied. If you wish to bring specific items, these must be taken away with you at the end of your holiday.
Yes, this is covered in the Annual Service Charge and there Is a thorough cleaning after every departure. All equipment is checked, bed linen laundered, fresh towels supplied, already for the next holiday.
This is not necessary and your taste may not be acceptable to the other owners. You can however, personalise the Lodge during your stay provided it is only temporary and does not affect the structure.
15 years.
Any monies left in the Sinking Fund will be used to refurbish the Lodge to get it ready for resale. It will then be sold to whoever wishes to purchase it and then taken off site. The proceeds of the sale (less the cost of removal) are then returned to each owner according to their ownership share.
Yes, Sandy Balls has been recognised as one of the best campsites and holiday parks in the UK and has won many awards.
The Lodges are built to British Standard BS/EN 3632. This is an exacting specification and all Lodge construction is checked and certified by an independent building inspector.
Yes but please seek independent legal advice.
