Black Horse Hire Purchase could help you buy your dream holiday home while spreading the cost.

​​​​​​​​​​​​How it works

  • You'll agree an initial deposit, your agreement term and your monthly repayments with the holiday park.
  • Your deposit is taken from the price of the holiday home.
  • You'll then pay the remaining balance plus interest in equal monthly repayments over the agreed term.
  • Black Horse buys the holiday home on your behalf and owns the holiday home for the duration of the finance agreement.
  • After you've made all the repayments including any interest, you will become the owner of the holiday home.

Choose a holiday home

Flexible deposit options

Fixed interest rate & monthly repayments

End of agreement

​​​​​​​A deposit is required from 10% of the amount borrowed. You'll make equal monthly repayments with a fixed interest rate, over your chosen period. You'll own the holiday home after all the repayments including interest have been paid. A purchase fee of £10 is included within your final repayment.

​​​​​What you need to know

Ideal if

  • You want to own your holiday home outright at the end of your agreement.
  • You like to budget and know the exact repayment amount each month.

The choice is yours

  • The holiday park must ensure that the holiday home does not exceed the age limit during the term of your agreement.
  • Maximum and minimum finance amounts may apply.
    Things to consider
  • You must be at least 18 years old and a permanent UK resident.
  • You must have fully comprehensive insurance.
  • You do not own the holiday home until the final repayment has been made.
  • The holiday home is at risk of repossession if you do not maintain contractual repayments.
  • Protection under the Consumer Credit Act Termination Rights and Protection under the Consumer Rights Act.
  • The holiday home can only be used for leisure purposes and cannot be used as your main dwelling.
  • In addition to you repayments under the agreement, you will need to pay additional costs to the holiday park such as site fees and utilities.
  • Dealers typically receive commission or other benefits for introducing you to us. If you request, they must tell you in good time before you enter into the credit agreement, the amount of any commission payable.
  • Details of your credit agreement will be recorded with credit reference agencies.

Hire Purchase

Watch the product video or download our Holiday Home product guide for more information

Product guide (PDF, 1MB)

Compare our leisure finance products

View the Black Horse Leisure Finance Product Comparison page to help you decide which product is right for you.

Compare our finance products