A Few Things To Consider When Buying a Park Home, Lodge or Static Caravan
Picking Your Ideal Location
This may seem like an obvious one but it’s easy to simply pick your favourite holiday destination, however you might want to think about exactly how far is it from your current home or family? The last thing you want is for your home to become a hassle. Consider how much property is in that particular area, and will it suit your budget? Some park home sites also lie in rural areas which may fall out of your original search criteria or particular place of interest so be vigilant and don’t miss out on those hidden gems!
Parks come in all shapes and sizes. Some are designed specifically for peace and quiet, often in a rural location to cater for those looking to relax in their home, whilst others act like villages with a huge sense of community and lots to do. Each park offers a different level of each of these services, facilities, maintenance and security so it’ll be easy to find one that ticks all your boxes.
Struggling to get it all? Let one of our experts look for you by sending your requirements off to us using our Parkfinder tool.
Like bricks and mortar homes, there are various outgoings you must acknowledge before you make your commitment. Here is a list of potential costs you may come across when owning a park home, lodge or static caravan:
· Ground Rent
· Service/Maintenance Charges
· Council tax (if applicable)
· Finance payments (if applicable)
Should You Buy New or Used?
New holiday homes can start from £25,000 upwards with the price climbing with varying sizes, specification and location. Expect to pay £80,000+ for a new luxury lodge and anything Residential. The benefits of buying new is that most guarantees and warranties will be still be in place so you can feel confident and secure with your purchase. You’ll also benefit from the latest in park home technology and design.
Used homes or ‘pre-loved’ as they are called in this industry, are a great way to get what you’re looking for at a fraction of the price. The only note with this is to do your homework… Take a look at the overall condition, read reviews for that make and model, consider using a solicitor and booking a survey. Otherwise, if you love a bargain (who doesn’t?!) Then this is the route for you.