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Will we ever get on the property ladder???????
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I lived in one, when I was nearly 30 and had no chance of ever owning a proper home, I saved up the deposit (20%) and took out a personal loan on a mobile home, 30'x10'. All my friends thought I was dead posh because I was the only person with my own home. I was in it about two years.
I'd not recommend it to most people in most situations at all. The regulations on sites can be restrictive (have to buy gas from the site owner, lots of small site rules and a site owner that ruled with a rod of iron and you'd get told off for things she THOUGHT you were doing ... and threatened with eviction).
When you come to buy one, you have to be interviewed/approved, when you come to sell your buyers have to be interviewed/approved and you have to pay the site owner 10% of the sale price. Then there's still a weekly rent to pay.
They do have a shelf life and eventually you have to remove the van from the site and buy either a brand new one from the site owner (top dollar), or find another second hand one to buy/move to. Also, you're only on a lease - the site I was on was sold off, cleared, laid out in a new way and brand new retirement mobile homes installed.... so if I'd stayed there I'd have been given notice to quit I guess.0
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