Table of Content
Park homes allow you to live independently, enjoying the company of others when you want it, or some privacy and peace if you prefer. On most parks, the communities look out for each other, and many have a range of outings and social events arranged for residents. Unless you choose a retirement village, living in a pensioner bungalow or flat can be quite isolating and lonely. Living in a park home, however, you will be part of a community of like-minded souls. Many park home sites have age restrictions, such as over-55s only, so you will be sharing the site with people just like you. The most obvious difference between a park home and a traditional bricks and mortar home is the size.
Park homes usually do not last as long as traditional brick-based houses. They have an average lifespan of around years, while brick homes can last well over 100 years and may even reach 200 years old. This means pre-owned park homes will begin to depreciate rapidly as they near the end of their lifetime, too. If you want to buy a new park home, you need to talk to the park owner. Different parks have different rules about what kind of homes they allow, and you want to ensure that your ideal property is permitted in your chosen park. Before you commit to buying a residential park home, we recommend you carefully consider what it is about park homes that appeals to you and whether that justifies the decision to move.
Park homes and ownership
Professional assistance will help ensure that sales run smoothly and mistakes are avoided, which could have repercussions for you at a later stage. 1.5 A survey is optional, but if the seller hasn’t arranged one you can ask for a survey to be carried out. 1.2 You are strongly advised to use a solicitor or some other professional in completing a purchase. Once you've decided that you're committed to buying a park home, one of the first things you need to decide is whether you're going to buy a new or pre-owned one. There are pros and cons to both options, so it's important that you choose carefully. There are more than 1,700 park home sites in the UK according to Park Home Living.
Similarly, with water, they can only charge you what they paid for it as well as a reasonable administration fee. The park home site you choose to live on will come with its own specific fees, so it's important that you ask about these whenever you're shopping around. To help us improve GOV.UK, we’d like to know more about your visit today. Don’t worry we won’t send you spam or share your email address with anyone. Check to see if the Park Owner is a member of either of our Trade Associations - the British Holiday and Home Parks Association or the National Caravan Council. If the park advertises on our website, you can check to see if they are a member by visiting their information page.
Buying a park home: factsheet
The park owners can also sell the park with little notice if required. Since these are mobile homes, it is hard to transport old homes that have not much resale value. The usual commission is 10 percent of the overall sale price of the park home.
Next, you need to look at manufacturers and find a company that creates the kind of home you want. This will involve discussions about the number of rooms, property features, sizing, colour, decor, furniture and pricing. Usually, the manufacturer takes care of other logistics, such as transportation and pitching. Are you unsure of what manufactured housing is, and want to see the... Some homes lack holding tanks as RVs usually do, so you need to prepare it for moving and disconnect the home from the utilities. We can purchase your home from you directly, giving you the easiest, fastest home sale possible.
When can I take a holiday abroad again?
According to Park Homes, you'll usually be able to borrow a maximum of 80% of the cost of your chosen home, and loan periods may be available for up to 25 years. Mortgages are a specific type of finance that are exclusively applicable to brick and mortar structures that are bought along with the plot of land they're built upon. However, specialist finance companies do offer options that will be more suitable. Beware that some parks do have a twelve months Site Licence for holiday purposes. Why not check out our article 'Misuse of Holiday Homes' on our sister website.
You can find out more about what mobile home life is like by reading our guides topark home living, as well aswhat a park home is and who can buy one. There are a few disadvantages of buying a park home but ultimately it’s a personal choice. The disadvantages might be few but they are going to be some tough ones. Park homes are different from traditional housing and this lifestyle might not suit everybody.
1.8 It is the seller’s responsibility to make all diligent enquiries to obtain the necessary information and documents. 1.1 This section applies if you are buying a home from a resident who bought their park home before 26 May 2013. The pitch remains in the ownership of the site owner who is responsible for maintaining and managing the site. The Mobile Homes Act 2013 places a number of obligations on both the seller and you the buyer. A failure to meet these obligations could result in the site owner taking legal action against you or the seller.
Here, we'll talk through all of the things you need to think about before you decide to buy a park home, and what you should consider during the process.
1.11 Where the rules relate to the permitted age of residents, the keeping of pets and the parking of vehicles you will need to provide relevant details to demonstrate that you meet the site rules. You and the seller will need to complete and sign the form, to confirm the information in it is accurate and up to date. The seller will then give the form to the site owner either personally or by post. But, if your chosen site has any empty plots, you'll usually have more freedom to have a bespoke home designed that suits your needs. Once you've chosen or designed your park home, the site owner will confirm the price and arrange everything else, such as transportation, pitching, and connection to utilities. You won't actually own the land that your home will sit on — you'll be renting it from the park owner, which will incur a pitch fee.
They are usually landscaped and many include features such as fishing ponds, bowling greens, cycle trails or woodland walks. These parks are self-contained and safe, often within a gated community, and some will even have CCTV and security guards for added peace of mind. 3.5 You can agree in writing to the written statement being given to you less than 28 days before you sign the agreement, if you want to complete the sale sooner.
It is estimated that 160,000 people live in park homes in England alone, with 1,700 sites spread right across the UK. Pre-owned park homes are often considerably cheaper than new homes. Some buyers are happy to spend more to get a completely new property, while others would rather save their money by moving into an existing home. For most people, cost is the single biggest factor in deciding whether to go new or pre-owned. That said, it is worth noting that new park homes are typically much less expensive than traditional housing.
You won't have to deal with estate agents, viewers traipsing through your home, the negotiations haggling around prices, and the endless process with solicitors. There is much to consider when thinking about moving to a park home, but if it suits your finances and your lifestyle, then it can be a great move. Perhaps you will want to be close to family and friends, or within easy reach of trains or major road links to get to them.
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