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Mobile homes

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  • Mupette
    Mupette Posts: 4,599 Forumite
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    If you want one abroad, my parents have one for sale in France with amazing views
    GNU
    Terry Pratchett
    ((((Ripples))))
  • teddysmum
    teddysmum Posts: 9,471 Forumite
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    I know of sales complications on holiday sites, but in a tv programme, a couple of years ago, people reported similar problems for them. Many sites also don't allow pets (difficult for an elderly single person needing companionship).


    When selling a static caravan onsite but privately, the site owners charge what comes to 15% (once VAT is added) of the value,if they think you are underselling and also may charge the person who doesn't purchase from them higher plot fees going forwards.


    The other option is selling to them,but they offer peanuts then sell yours for a high price or get rid via an off site trader,if it's getting on in years.


    There was an article, on a website, last week, where someone wanted neither option and decided to sell to a dealer, off site.
    However,the site owners would not let the dealer collect from the plot,so charged the owner for disconnecting the power etc and moving the home onto a car park for collection.


    It is illegal to resell power at a profit, but sites have a way around this by claiming distribution expenses.
  • lincroft1710
    lincroft1710 Posts: 17,648 Forumite
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    00ec25 wrote: »
    In the context of Rightmove "park home" is merely the generic category under which caravans / mobile homes / static caravans &/or park homes are listed

    Which just shows RM's ignorance!

    The manufactured home industry uses "park home" (and has done for many years) to mean a home on wheels constructed and equipped for the purpose of living in 365 days a year (366 in a leap year). Park homes use different construction materials and methods from those of static caravans.

    Some estate agents specialise in selling both new and used park homes on genuine residential parks
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
  • bbarroso
    bbarroso Posts: 103 Forumite
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    The land seems to be the most impeding factor, as with anything land related in the UK, at least for habitation.
    The caravan is relatively inexpensive. Of course they depreciate, but this goes both ways. If I can get my hands in one for a couple thousand, it would theoretically pay for itself in a relatively short period of time, before it is actually unusable.

    Then the question arises, would it be a better idea to invest in some property that goes into auction in need for renovation? I see them going on auction for a very modest sum of money, but unsure how much the final bid ends up being. Perhaps I should attend a few just to get an idea?
  • ProDave
    ProDave Posts: 3,725 Forumite
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    bbarroso wrote: »
    The land seems to be the most impeding factor, as with anything land related in the UK, at least for habitation.
    The caravan is relatively inexpensive. Of course they depreciate, but this goes both ways. If I can get my hands in one for a couple thousand, it would theoretically pay for itself in a relatively short period of time, before it is actually unusable.
    As I said before, we paid £4500 for ours for use on our building site. That will pay for itself in saved rent easilly. We could have got one cheaper, £2K would get you one still perfectly usable But we chose the one we have due to it having an unusual internal layout that suited us. Plus the fact once we move into the house, the 'van will remain and be converted into a workshop and studio (legally a "garden outbuilding") so we wanted a good one, and the unusual layout of the one we have suits that future use better than some others.
  • Waterlily24
    Waterlily24 Posts: 1,328 Forumite
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    We bought a very cheap one to live in when we did a large extension - roof had to come off completely. Can't remember the exact cost but I think it was well under £1000. Did us fine, we were in it over Christmas too. Don't think we could have sold it on as it didn't have any mod cons ie CH or Double glazing. Also the floors were just beginning to go lol.

    We also chose a 10ft wide one because a 12ft would have been a lot more (in money) to transport.

    We parked it in our garden,
  • lincroft1710
    lincroft1710 Posts: 17,648 Forumite
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    bbarroso wrote: »
    The land seems to be the most impeding factor, as with anything land related in the UK, at least for habitation.

    Unless you already own or rent a piece of land with permission for a residential caravan (often time restricted), the economics won't add up. Even if you could find and buy a suitable piece of land, you cannot just put a caravan on it and start living in it.

    As previously stated buying a static on a holiday park is not a good idea, site rent can easily be £4,000 pa. On a proper residential (365 day a year occupancy) rents are more reasonable £2,000 pa upwards
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
  • movilogo
    movilogo Posts: 3,186 Forumite
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    Mobiles homes are actually like cars - depreciating assets.

    A house will appreciate in value (nearly everywhere, over time) where as a car (including mobile home) will depreciate in value.
    Happiness is buying an item and then not checking its price after a month to discover it was reduced further.
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