More Information

Introduction to Park Home Purchase:

Site Rent: This varies from site to site but the average is approximately 120.00 to 170.00 per month.

Council Tax: Usually Band A/B. This again varies from local authority, say 90.00 per month, approximately.

Water Rates are sometimes included in the site rent but may be approximately 5.00 per week.

Other costs such as heat, lighting and insurance also have to be allowed for.

Solicitors are not usually involved in the buying and selling of Park Homes as the purchaser is either given a new 1983 Mobile Home Act agreement or is transferred to the existing agreement of the home owner.

In our experience it has not proved possible to obtain a high street bank/building society mortgage but there are specialist Park Home lenders including RoyScot Larch at Milton, nr Abingdon who can be contacted on (01235) 438280 for details of their lending criteria.

For less expensive homes it is sometimes possible to obtain a personal loan from a bank. This may be the only possibility if a purchaser does not have a deposit of at least 20% of their proposed purchase price. Normally only park homes less than 20/25 years old are considered for finance through Park Home finance companies.

On any future resale Park Home site owners are permitted to charge up to 10% of the sale price and it is most unusual for this provision to be waived.

If you require any further information then contact Kevin Newton on (01865) 841122.

Services:

As well as offering a comprehensive sales service on new or previously occupied Park Homes throughout the U.K., we are also able to offer expertise in the following areas:

  • Details regarding park home insurance, finance companies and surveyors.
  • A report for Solicitors and financial institutions covering a wide range of areas from probate, divorce etc. These are often combined with a full Park Home survey prepared by an independent specialist Park Home surveyor.
  • Specialist advice in the discreet acquisition or sale of Park Home sites ranging from 15 to 150 plus units.
  • Acquisition of new park homes for the siting on private land or individual pitches, where permitted by the site owners, arranging for transport, siting, service connections etc.