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  • FIRST POST
    • Lollobrigida
    • By Lollobrigida 12th Jun 17, 10:08 PM
    • 33Posts
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    Lollobrigida
    Park homes
    • #1
    • 12th Jun 17, 10:08 PM
    Park homes 12th Jun 17 at 10:08 PM
    Any advice about park homes? Apart from that they are very remote usually, are there any problems with buying/living in a park home? Does the mail get there, do you pay additional fees, is it easy to resell it, etc?
Page 1
    • Davesnave
    • By Davesnave 12th Jun 17, 10:58 PM
    • 22,636 Posts
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    Davesnave
    • #2
    • 12th Jun 17, 10:58 PM
    • #2
    • 12th Jun 17, 10:58 PM
    Yes mail gets there, and they're not all remote, but that's the good news.

    On the negative side, most owners pay a site rent and many have to abide by quite onerous rules, which might include a limit on the age of their home and/or giving the site owner a cut when they sell. Meanwhile, they live in a depreciating asset, which has a useful lifetime of three or four decades.

    It's not for everyone.
    'A society grows great when old men plant trees whose shade they'll never sit in.'
    • konark
    • By konark 12th Jun 17, 10:58 PM
    • 825 Posts
    • 643 Thanks
    konark
    • #3
    • 12th Jun 17, 10:58 PM
    • #3
    • 12th Jun 17, 10:58 PM
    Avoid like the plague
    • Lollobrigida
    • By Lollobrigida 12th Jun 17, 11:23 PM
    • 33 Posts
    • 5 Thanks
    Lollobrigida
    • #4
    • 12th Jun 17, 11:23 PM
    • #4
    • 12th Jun 17, 11:23 PM
    Avoid like the plague
    Originally posted by konark
    Would appreciate some elaboration?
    • konark
    • By konark 13th Jun 17, 1:33 AM
    • 825 Posts
    • 643 Thanks
    konark
    • #5
    • 13th Jun 17, 1:33 AM
    • #5
    • 13th Jun 17, 1:33 AM
    Unlike a house they only go down in value as the short lease ticks away.

    All the terms of the leasing contract will favour the landowner.

    Site fees will rise and rise.

    Banks and building societies won't lend on them.

    The sheds need regular maintenance, in fact the lease may specify expensive painting every year, and when the lease expires you need to remove the shed from the site.

    Gas, electricity etc will be more expensive.

    Many sites require you to vacate for a month or two every year.

    There is also a certain stigma attached to them, 'trailer park' etc
    • 00ec25
    • By 00ec25 13th Jun 17, 1:49 AM
    • 4,339 Posts
    • 3,689 Thanks
    00ec25
    • #6
    • 13th Jun 17, 1:49 AM
    • #6
    • 13th Jun 17, 1:49 AM
    Would appreciate some elaboration?
    Originally posted by Lollobrigida
    use the forum search function - rather a lot has been said about park homes several times

    for example:

    http://forums.moneysavingexpert.com/showthread.html?t=382730&highlight=park+homes

    http://forums.moneysavingexpert.com/showthread.php?t=5328416&highlight=park+home

    http://forums.moneysavingexpert.com/showthread.php?t=4801477&highlight=park+home

    http://forums.moneysavingexpert.com/showthread.php?t=4141499&highlight=park+home

    http://forums.moneysavingexpert.com/showthread.php?t=4306455&highlight=park+home

    http://forums.moneysavingexpert.com/showthread.php?t=2326795&highlight=park+home

    http://forums.moneysavingexpert.com/showthread.php?t=2180785&highlight=park+home

    http://forums.moneysavingexpert.com/showthread.php?t=260658&highlight=park+home

    http://forums.moneysavingexpert.com/showthread.php?t=5256678&highlight=static+caravan

    http://forums.moneysavingexpert.com/showthread.php?t=5036338&highlight=static+caravan

    and ultimately you need to know this guidance from the government inside out or you will be ripped off left, right, and centre.
    https://www.gov.uk/government/collections/park-homes
    Last edited by 00ec25; 13-06-2017 at 11:08 AM.
    • moneyistooshorttomention
    • By moneyistooshorttomention 13th Jun 17, 6:06 AM
    • 12,858 Posts
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    moneyistooshorttomention
    • #7
    • 13th Jun 17, 6:06 AM
    • #7
    • 13th Jun 17, 6:06 AM
    Yes mail gets there, and they're not all remote, but that's the good news.

    On the negative side, most owners pay a site rent and many have to abide by quite onerous rules, which might include a limit on the age of their home and/or giving the site owner a cut when they sell. Meanwhile, they live in a depreciating asset, which has a useful lifetime of three or four decades.

    It's not for everyone.
    Originally posted by Davesnave
    Translated in my mind into "To be bought only if it's down to that or renting - as it isn't the equivalent of owning your own home (ie a standard bricks-and-mortar freehold house in normal road) type set-up".
    ploughing my own furrow...the rain begins with a single drop...

    #I'mWithNoel
    • Davesnave
    • By Davesnave 13th Jun 17, 6:49 AM
    • 22,636 Posts
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    Davesnave
    • #8
    • 13th Jun 17, 6:49 AM
    • #8
    • 13th Jun 17, 6:49 AM
    Translated in my mind into "To be bought only if it's down to that or renting......
    Originally posted by moneyistooshorttomention
    I'd qualify that too, as renting from a social landlord is often much the better option, especially if one is older.
    'A society grows great when old men plant trees whose shade they'll never sit in.'
    • GDB2222
    • By GDB2222 13th Jun 17, 7:05 AM
    • 13,847 Posts
    • 74,106 Thanks
    GDB2222
    • #9
    • 13th Jun 17, 7:05 AM
    • #9
    • 13th Jun 17, 7:05 AM
    Compared to a house, these appear much cheaper, but that's because you're not getting a house.

    Edit The big difference is that when you buy a house you also buy the land, or at least a very long lease for the land. With these park homes, you are always renting the land. From day 1. So, they take a caravan-like structure worth say £30,000, and stick it on a small plot of land that you have to rent. Suddenly, because it looks like a house and you can of course live in it at least most of the year, people are suckered into paying say £200,000 for it.
    Last edited by GDB2222; 13-06-2017 at 9:43 AM.
    No reliance should be placed on the above! Absolutely none, do you hear?
    • Jimmithecat
    • By Jimmithecat 13th Jun 17, 7:06 AM
    • 99 Posts
    • 146 Thanks
    Jimmithecat
    Our local gypsey population are buying up a ridiculous amount of green belt land and turning it into residential park home sites 'exclusively for the over 55's' - the homes look amazing online, there are links to all the big park home advertisers which give them credibility, the entrance to the site and marketing they are doing is phenomenal - I would not want to be living there however having seen the extremely dubious methods they have gone about setting the whole park homes site up
    • Davesnave
    • By Davesnave 13th Jun 17, 7:19 AM
    • 22,636 Posts
    • 87,526 Thanks
    Davesnave
    Our local gypsey population are buying up a ridiculous amount of green belt land and turning it into residential park home sites 'exclusively for the over 55's' - the homes look amazing online, there are links to all the big park home advertisers which give them credibility, the entrance to the site and marketing they are doing is phenomenal - I would not want to be living there however having seen the extremely dubious methods they have gone about setting the whole park homes site up
    Originally posted by Jimmithecat
    Have you a link to that, please?
    'A society grows great when old men plant trees whose shade they'll never sit in.'
    • moneyistooshorttomention
    • By moneyistooshorttomention 13th Jun 17, 7:35 AM
    • 12,858 Posts
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    moneyistooshorttomention
    Have you a link to that, please?
    Originally posted by Davesnave
    I hadnt heard of that. So I'd be interested in seeing a link too please - both to the websites and the information you mention.
    Last edited by moneyistooshorttomention; 13-06-2017 at 7:39 AM.
    ploughing my own furrow...the rain begins with a single drop...

    #I'mWithNoel
    • Davesnave
    • By Davesnave 13th Jun 17, 8:07 AM
    • 22,636 Posts
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    Davesnave
    EDIT: This is the link Jimithecat removed:


    http://www.clactonandfrintongazette.co.uk/news/10946412.Controversial_caravan_park_given_the_go_a head/


    So there is a holiday caravan & park home site being developed in the green belt near Clacton, which may be of concern to locals, but it has little to do with this thread, which I think is about permanent park homes.

    There are probably thousands of holiday sites in the UK where one wouldn't normally be allowed to build permanent residences. Even some conventional houses and barn conversions are restricted to holiday use.
    Last edited by Davesnave; 13-06-2017 at 8:50 AM.
    'A society grows great when old men plant trees whose shade they'll never sit in.'
    • teneighty
    • By teneighty 13th Jun 17, 9:08 AM
    • 969 Posts
    • 661 Thanks
    teneighty
    EDIT: This is the link Jimithecat removed:


    http://www.clactonandfrintongazette.co.uk/news/10946412.Controversial_caravan_park_given_the_go_a head/


    So there is a holiday caravan & park home site being developed in the green belt near Clacton, which may be of concern to locals, but it has little to do with this thread, which I think is about permanent park homes.

    There are probably thousands of holiday sites in the UK where one wouldn't normally be allowed to build permanent residences. Even some conventional houses and barn conversions are restricted to holiday use.
    Originally posted by Davesnave
    There is a similar site near me. Former holiday caravan site bought up by similar people then all the static vans replaced with these park home type properties and sold off as permanent homes.

    Trouble is the site owner didn't bother to get planning permission and now the Council is taking enforcement action against the mostly elderly residents. The site owner is long gone together with his ill gotten gains.

    I can't help feeling these park homes will be the next big property scandal. Around here they can set you back around £200,000 - bonkers.
    Last edited by teneighty; 13-06-2017 at 10:08 AM.
    • Davesnave
    • By Davesnave 13th Jun 17, 9:20 AM
    • 22,636 Posts
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    Davesnave
    Thanks for clarifying the sort of thing the previous poster might have been alluding to, teneighty.

    Enforcement hasn't been a priority for many councils since austerity began to bite, and when it's on such a lage scale it will, no doubt, take years.

    In my own village a small-scale saga has played-out over more than 10 years. Won't say too much, but eventually some locals took action themselves......

    The site is empty today and the council now own what's left of it.
    'A society grows great when old men plant trees whose shade they'll never sit in.'
    • moneyistooshorttomention
    • By moneyistooshorttomention 13th Jun 17, 9:47 AM
    • 12,858 Posts
    • 35,298 Thanks
    moneyistooshorttomention
    EDIT: This is the link Jimithecat removed:


    http://www.clactonandfrintongazette.co.uk/news/10946412.Controversial_caravan_park_given_the_go_a head/


    So there is a holiday caravan & park home site being developed in the green belt near Clacton, which may be of concern to locals, but it has little to do with this thread, which I think is about permanent park homes.

    There are probably thousands of holiday sites in the UK where one wouldn't normally be allowed to build permanent residences. Even some conventional houses and barn conversions are restricted to holiday use.
    Originally posted by Davesnave
    Though I'd say it's relevant to the thread myself - in that these are meant to be holiday homes and meant to have various restrictions abided by etc etc. But I'd be concerned myself as to whether that is how things would pan out in practice.

    EDIT; Just read post about precisely this. One example of how things may not go according to (the Council's) plan.
    Last edited by moneyistooshorttomention; 13-06-2017 at 9:49 AM.
    ploughing my own furrow...the rain begins with a single drop...

    #I'mWithNoel
    • LandyAndy
    • By LandyAndy 13th Jun 17, 9:59 AM
    • 23,696 Posts
    • 50,296 Thanks
    LandyAndy
    Unlike a house they only go down in value as the short lease ticks away.

    All the terms of the leasing contract will favour the landowner.

    Site fees will rise and rise.

    Banks and building societies won't lend on them.

    The sheds need regular maintenance, in fact the lease may specify expensive painting every year, and when the lease expires you need to remove the shed from the site.

    Gas, electricity etc will be more expensive.

    Many sites require you to vacate for a month or two every year.

    There is also a certain stigma attached to them, 'trailer park' etc
    Originally posted by konark

    They aren't all on leases or, indeed, on sites. Here's one near me. Eye watering price though.


    http://www.rightmove.co.uk/property-for-sale/property-65085440.html
    Last edited by LandyAndy; 13-06-2017 at 10:03 AM.
    • 00ec25
    • By 00ec25 13th Jun 17, 11:00 AM
    • 4,339 Posts
    • 3,689 Thanks
    00ec25
    They aren't all on leases or, indeed, on sites. Here's one near me. Eye watering price though.


    http://www.rightmove.co.uk/property-for-sale/property-65085440.html
    Originally posted by LandyAndy

    so you are buying 3 things:
    1. roof over your head in which to sleep that "would benefit from some updating or possible replacement"

    2. a place to park the car and work in that is "in need of some repair."

    3. land in the New Forest

    so in reality £275,000 for a bit of land and a shed load of costs on top - great spot thanks for posting, made my day
    • GDB2222
    • By GDB2222 13th Jun 17, 11:51 AM
    • 13,847 Posts
    • 74,106 Thanks
    GDB2222

    so you are buying 3 things:
    1. roof over your head in which to sleep that "would benefit from some updating or possible replacement"

    2. a place to park the car and work in that is "in need of some repair."

    3. land in the New Forest

    so in reality £275,000 for a bit of land and a shed load of costs on top - great spot thanks for posting, made my day
    Originally posted by 00ec25
    That's not quite fair. Often, land is the most expensive part of the house purchase in this country. There's only one other house for sale within 1/2 mile of that one. It's also two beds, but over £100k more, and it's subject to an agricultural tenancy.

    Really, the question is whether a large building plot in that area is worth £275k? For all I know, it might be.
    No reliance should be placed on the above! Absolutely none, do you hear?
    • 00ec25
    • By 00ec25 13th Jun 17, 12:44 PM
    • 4,339 Posts
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    00ec25
    That's not quite fair. Often, land is the most expensive part of the house purchase in this country. There's only one other house for sale within 1/2 mile of that one. It's also two beds, but over £100k more, and it's subject to an agricultural tenancy.

    Really, the question is whether a large building plot in that area is worth £275k? For all I know, it might be.
    Originally posted by GDB2222
    that is precisely the point, what is currently sitting on the land is irrelevant in terms of the price being asked

    it is what you can do with this specific piece of land inside the new forest national Park which really matters. Clearly planning consent exists for residential use, the scope to alter that to build a "proper" building is probably key to the future value of that plot.
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