Everything You Need to Know About Buying a Park Home

This Option Can Be Affordable

A park home is essentially a mobile home which allows you to live all year round in peaceful surroundings in a more rural area. Park homes are designed to be lived in permanently, and all modern units are well insulated and generally contain central heating, double-glazed windows and energy-efficient boilers. However, there are a number of fees and charges which prospective buyers should be aware of prior to committing to the purchase of a park home.

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Sites which accommodate park homes must be licensed by the local authority. The procedure is that the buyer will purchase the mobile home but not the pitch that the unit is sited on. The pitch site is normally rented from the owner, who has responsibility for shared areas.

One negative is that banks don’t offer the option of a mortgage for buying a park home. You will have to apply via a specialist lender if you require a loan. However, there are various financing options available.

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Another negative is that park units generally depreciate over time, unlike traditional bricks-and-mortar homes. There are also pitch fees involved as well as service charges for water, general maintenance around the park and possibly council tax.

Is the Park Life for You?

If you’re looking to relocate to a park site, then park homes for sale in Gloucestershire will have what you’re looking for. If you feel the park home life from http://www.parkhomelife.com/ suits, there is plenty of information available on moving to more tranquil environs.

According to Curbed, Habitat for Humanity has grand plans for a mobile home park in Virginia – one that it hopes will serve as a blueprint for redevelopment without moving current residents.

You may be eligible for a reduction in council tax if you are on a low income. However, you are responsible for the upkeep of your own home, and that includes fences, outbuildings or anything else on the pitch. Park site owners have responsibility for ensuring the pathways are well maintained and that services such as sewage are provided.

Ensure you have a written copy outlining the terms and conditions as well as the site rules, which may include information on parking arrangements and guidance on whether or not pets are allowed and satellite installations.

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