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Park Homes

WE have reached that time in life when we need to seriously consider 'DOWN SIZING' our home.

One option we are considering is a 'Park Home' on a registered site, however, it has been commented that these dwellings do not hold their value and are a bad buy.

The one we are interested in is a Lissett Home and is already six years old.

Can anyone provide comments on their experience with this type of home and any resale values?

Regards
Woko.

Comments

  • clutton_2
    clutton_2 Posts: 11,149 Forumite
    http://www.phhc.co.uk/index.htm

    this is a very good site to look on for park homes issues
  • seven-day-weekend
    seven-day-weekend Posts: 36,755 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    AFAIK, they depreciate at about the same rate as a car.
    (AKA HRH_MUngo)
    Member #10 of £2 savers club
    Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton
  • seven-day-weekend
    seven-day-weekend Posts: 36,755 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Also, quite often Park Home Owners do not like older units and you have to upgrade after ten -fifteen years.
    (AKA HRH_MUngo)
    Member #10 of £2 savers club
    Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton
  • woko
    woko Posts: 3 Newbie
    Thanks for comments received to day. The home we are considering is already on an established site and of various ages - but I take the point made
  • Debt_Free_Chick
    Debt_Free_Chick Posts: 13,276 Forumite
    10,000 Posts Combo Breaker
    Many do not allow you to live there 365 days of the year. Often, you have to vacate for a few weeks. Check this out carefully as you may have to take a 6 week holiday once every year.
    Warning ..... I'm a peri-menopausal axe-wielding maniac ;)
  • david29dpo
    david29dpo Posts: 3,986 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    i have a friend who had one. now penniless because of the things said above.
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