Holiday caravan buyers left without life savings and pension

Andrew and Sue Dawson bought a static caravan at Parkdean's Skipsea Sands resort in 2022 .

The three -bedroom caravan with decking, for which they had paid 62,400 in 2022 , was worth just 17,000 two years later .

Mr Dawson , 59 , was diagnosed with incurable cancer in February this year .

He said: "The salesman sold us the dream, but didn't sell us the reality" Caravan holidays brought 7.2bn into the economy last year , according to industry figures.

The Richardsons said they found themselves "haemorrhaging money" after buying their caravan.

Sally Nicholls , 70 , from Sheffield , used her entire pension pot and a small loan to buy a 69,000 static caravan.

She said she told a salesperson she planned to live off the rental income in retirement.

Away Resorts said it provided all prospective buyers with “comprehensive information” to ensure they had “full awareness of the potential risks and rewards”.

Government regulator CMA said it could not comment on specific cases, but said businesses must not mislead their customers.

Last year , a petition signed by more than 27,000 people was rejected by the Conservative government.