This is the first time that I am addressing you in my new role as a member of your Committee and I am delighted to be doing so.
As a standard covering point, the financial year of your Club runs from week 18, and the budget for the year ahead is agreed by your Committee at their meeting in late January or early February every year. This communication relates to the financial year to 30 April 2027.
Your Committee met on 20 February 2026 and reviewed the Management Fee budget proposal presented by Langdale Leisure Limited, the Management Company, and this letter is being issued on their behalf.
The fees for last year were severely impacted by the government’s changes to national insurance contributions and increases in the National Minimum Wage (NMW) and it was stated in last year’s communication that efforts to minimise these costs had been made and that further work was underway. You may be aware that Langdale Leisure Limited underwent a structural review and as a consequence of this a new focus has been placed on Timeshare, with my appointment as General Manager, the recruitment of a Deputy and responsibility for Housekeeping and Maintenance falling directly under myself. These changes have brought efficiencies and consistency to the services that are being delivered by the Management Company.
The restructure has also brought new thinking to how projects are delivered. The contractors who supply these services have also been challenged and this has resulted in new products and suppliers being identified, making the reserve fund stretch further.
In submitting the budget, the following was taken into consideration:
Your Committee continues to aim for a reserve fund contribution in excess of £1m per annum and last year, due to the Government’s taxes, was forced to limit that increase to 2%. Given the efficiencies that are being achieved, they do not believe that such a restriction should exist this year.
Taking all of the above into consideration, the effect of these decisions is an average increase of 3.5% in the Management Fee.
As advised three years ago, in order to align the reserve fund contribution of Beckside and Brackens Owners with the cost of maintaining the property to its required standard, your Committee has been adjusting the annually calculated Management Fee over a six-year period, and this should be the fourth of those years. However, the Committee and Management Company are currently engaged in a review of all reserve fund contributions for the various timeshare properties on the estate, and while this review is ongoing your Committee felt we should suspend the planned increase for this year (2026-27). Depending on the result of the review it may or may not be necessary to restart the increases in the next financial year and we shall communicate the outcome to you as soon as practicable.
I do hope that this letter provides you with answers to any questions that the annual increase may raise in your mind, but if you have any questions that you would like clarified, then please do send an email to [email protected].
If your personal circumstances have changed and you find yourself in difficulty with the Management fee, please do contact the Finance department to discuss your situation and hopefully your Club will be able to assist.
On behalf of the entire team here in Langdale, I am looking forward to welcoming you, your family and loved ones back to your home in the Langdale valley where all we want is for you to have wonderful holiday experiences and see your spirits soar.
Yours faithfully,
Morgan Bell
For and on Behalf of Langdale Owners’ Club Committee
There are now more options for you to choose when paying your management fees – for the first time you will be able to pay by direct debit.
The current arrangements for payment will continue and so you will still be able to pay by cash, cheque, bank transfer, and debit card with no administration charges.
However, you will now be able to pay by direct debit either by an annual payment or by monthly instalment.
Since management fees must be paid a minimum of eight weeks prior to arrival, the instalment option is available for weeks arriving in 2023/23. The table below shows the deadline date by which we would require direct debit mandates to be returned and the date of the first payment collection (Table 1)
Annual direct debit payments can be set up for this year provided we receive the completed direct debit form by the relevant deadline (Table 2).
This option is to pay your management fees for 2025/26 onwards.
You will then begin paying, this year, monthly for the following year.
| Weeks | Deadline for completed Direct Debit forms | First payment to be collected on or arounf the: |
|---|---|---|
| 18 - 21 | 15th May 2026 | 15th June 2026 |
| 22 - 26 | 15th June 2026 | 15th July 2026 |
| 27 - 30 | 15th July 2026 | 15th August 2026 |
| 31 - 34 | 15th August 2026 | 15th September 2026 |
| 35 - 39 | 15th September 2026 | 15th October 2026 |
| 40 - 43 | 15th October 2026 | 15th November 2026 |
| 44 - 47 | 15th November 2026 | 15th December 2026 |
| 48 - 52 | 15th December 2026 | 15th January 2027 |
| 1 - 4 | 15th January 2027 | 15th February 2027 |
| 5 - 8 | 15th February 2027 | 15th March 2027 |
| 9 - 13 | 15th March 2027 | 15th April 2027 |
| 14 - 17 | 15th April 2027 | 15th May 2027 |
| Weeks | Deadline for completed Direct Debit forms | First payment to be collected on or arounf the: |
|---|---|---|
| 18 - 21 | 15th February | 15th March |
| 22 - 26 | 15th March | 15th April |
| 27 - 30 | 15th April | 15th May |
| 31 - 34 | 15th May | 15th June |
| 35 - 39 | 15th June | 15th July |
| 40 - 43 | 15th July | 15th August |
| 44 - 47 | 15th August | 15th September |
| 48 - 52 | 15th September | 15th October |
| 1 - 4 | 15th October | 15th November |
| 5 - 8 | 15th November | 15th December |
| 9 - 13 | 15th December | 15th January |
| 14 - 17 | 15th January | 15th February |
If you would like to pay your management fees by Direct Debit please complete either the Annual or Instalment direct debit form which is available to download
Completed Forms need to be returned to The Langdale Estate Accounts Department –
Langdale Accounts
The Langdale Estate
Great Langdale
Nr Ambleside
Cumbria
LA22 9JD
Telephone: 015394 38025
