Buzz People

Hundreds could lose money as Dream Lodge Group enters administration

Hundreds of holiday park goers and investors have been potentially left out of pocket after a luxury lodge firm went into administration.
Eighty of the 121 Dream Lodge Group staff, who worked at eight parks across England, have also been made redundant.
Francesca Day is among those who bought holiday packages and is owed £3,000.
Administrator Deloitte was appointed by the firm's Essex-based parent company, Walsham Chalet Park Ltd, after "a period of financial pressure".
Dream Lodge Group runs Fornham Park in Bury St Edmunds, Suffolk; Elm Farm Country Park in Thorpe-le-Soken, Essex; Norfolk Park Homes in North Walsham; Lazy Otter Meadows in Ely, Cambridgeshire; Blossom Hill Park in Honiton, Devon; The Sanctuary in Newbury, Berkshire; Hilton Woods near Whitstone, Cornwall, and Woodlands Park in Westfield, East Sussex.
As well as offering lodges to holidaymakers, the luxury sites - which boasted facilities such as indoor swimming pools and spas - were open to investors, who were promised "guaranteed returns".
Lodges cost about £200,000 to buy but part-ownership schemes were available, which Ms Day said were "a bit like a time-share".
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