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GENERAL ECONOMY The UK economy has had to weather multiple storms in recent years, with; BREXIT, the COVID pandemic, war in Ukraine, rising inflation a lack of real growth from…

IMPACT ON VALUES The traditional approach to valuing leisure and tourist parks and other trading entities is the Profits Method of valuation. When considering this approach, the valuer analyses the accounts provided and calculates the earnings before interest, tax, depreciation and amortisation (EBITDA) of the business. Where appropriate, adjustments are made to the actual EBITDA…

The last 12 months pre Covid saw a more even performance across major marine sectors, with stable business activity across domestic and overseas markets, driven by gains in boat and equipment manufacturing. Despite this sentiment remained cautious with uncertainty over the UK’s post Brexit relationship with the EU persisting. The UK Marine Industry Trends November…

The 2020 Travel Survey conducted in July 2020 by Michael Paul Holidays heard how the pandemic had impacted the plans of hundreds of British holidaymakers and found out what kind of holidays they are planning next. From July 2020, most British holidaymakers (85%) will be planning a UK getaway, with the majority of those (44%)…

The residential parks market broadly mirrors the peaks and troughs of the traditional housing market. The end of 2020 saw UK house prices 6.5% higher than a year before- the sharpest rise in six years. House prices were 0.9% higher in November than in October, with the average property valued at £229,721, according to Nationwide…

Policy changes on a national and local level have impacted on the assessment of parks, the feasibility of development and in turn park values. At a localised level, nearly all councils take the case law on board when establishing their opinion of fees, which is that the siting of a single or twin unit caravan…

During 2020, the 28 day permitted development rule allowing camping to take place on land without planning permission was extended to 56 days to the end of December 2020. However few people realise it was then extended again to the end of 2021. This could make a huge difference on parks with additional land to…

Thanks to rewilding projects, many enchanting strokes of colour are being repainted into British landscapes. Evergreen forests are spreading over Highland mountainsides, Lynx will likely soon be prowling the undergrowth of East Anglia, and white-tailed eagles are set to soar once more in the skies above the Isle of Wight. By repairing damaged eco-systems and…