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Are Mobile Homes the answer?

24

Comments

  • padington
    padington Posts: 3,121 Forumite
    Squatting offers the best solution all round.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 24 September 2013 at 6:06PM
    Nothing wrong with mobile homes per se. (As in the ridgid homes, not a caravan!)

    However, seems a bit of a waste of space IMO for any large scale development guised as a solution to our problems.

    Might aswell build a house containing two floors in the same space. Otherwise you risk offering less in terms of house for the exact same money. Ends up as a race to the bottom as you get less and less for your money.

    The 25-50k ones often have little if any useful life left.
  • woodbine wrote: »
    they are mobile park homes here not caravans(they are for eholidays),they can range from 25k used to 250k+new and around 1200 sq.feet
    site fees range from £15 to £30 a week,and they are all protected by the 1983 act updated in 2013 with many rights
    we bought ours 2 years ago on a small private estate(32 homes) 100 yards to the side of us is a farm and beyond that miles of countryside,the nearest bricks and mortar home sold last year for £600,000
    we paid 45k for a new 2 bed home,with the biggest garden we`ve had in any of our 6 other homes

    Do homes have to be purchased through the site owners/managers?

    Do the site owners/managers impose any age/condition rules to churn the properties through them?

    If either of the above apply what "commission"do they take in the process?

    What is included in the rental as it seems low?

    Just curious.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • There are loads in Essex. A lot on the coast. The last thing I'd call them is 'low density'. Packed together like sardines, more like....

    well, I suppose that not [typically] having gardens tends to point towards high density but, equally, never having more than one storey, & always being detached, surely goes the other way.
    FACT.
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    In the states you buy the caravan - and the sites rent pitches. That doesn't happen here. Here you buy an expensive caravan on an expensive pitch and are tied into an expensive agreement with few rights. There they're more likely to move on if the rent's too much and they've choices.

    Their land is cheap, their trailers are cheap. That doesn't happen here.

    It's like apples and pears.

    I understand from someone I met recently who was selling their mobile home here, that the government has changed the rules to make it better for those wanting to move. Not the same as the States, but better than it was. Links:

    http://www.bbc.co.uk/news/uk-politics-22677508
    https://www.gov.uk/park-mobile-homes/your-rights-and-obligations
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • daveyjp
    daveyjp Posts: 13,747 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Ever tried getting a mortgage on one? You won't manage it.
  • Percy1983 wrote: »
    I could pack 5 or 6 statics in my back garden...

    Maybe I could call myself a developer...

    Or a BTL Landlord?
    "When the people fear the government there is tyranny, when the government fears the people there is liberty." - Thomas Jefferson
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    woodbine wrote: »
    they are mobile park homes here not caravans(they are for eholidays),they can range from 25k used to 250k+new and around 1200 sq.feet
    site fees range from £15 to £30 a week,and they are all protected by the 1983 act updated in 2013 with many rights
    we bought ours 2 years ago on a small private estate(32 homes) 100 yards to the side of us is a farm and beyond that miles of countryside,the nearest bricks and mortar home sold last year for £600,000
    we paid 45k for a new 2 bed home,with the biggest garden we`ve had in any of our 6 other homes
    I bought/lived in one as my first home as I couldn't afford a house. They have a limited lifespan, you have to pay 10% of the sales price to the site owner when you sell, many sites force you to buy services from them (e.g. the gas bottles - and I wasn't even allowed to choose a different milkman or newspaper delivery boy).

    The site mine was on was sold off, cleared and set up as a retirement park - no idea what'd have happened if I'd stayed and not sold it before that happened.

    It can be difficult to borrow money for them, requiring, say, 25% deposit instead of 10%./ It's a personal loan, not a mortgage, so problems with getting that paid if you lose your job.

    I'd never do it again.....
  • Do homes have to be purchased through the site owners/managers?

    Do the site owners/managers impose any age/condition rules to churn the properties through them?

    If either of the above apply what "commission"do they take in the process?

    What is included in the rental as it seems low?

    Just curious.

    most are purchased privately and hundreds can be found on rightmove
    there are no age rules but the outside has to be kept in good condition along with any garden
    when you sell then the site owner gets 10% of what is paid(this helps keeps site fees down)
    the rental includes more than you might imagine,and usually inc water as well,you then pay seperately for sewerage and waste(around £100 a year)
    we bought our brand new home 2 years ago for 45k at the bottom of the market
    they are all (almost all)band A for council tax,and heating etc can cost 33% less than a house,insurance is generally cheaper
  • daveyjp wrote: »
    Ever tried getting a mortgage on one? You won't manage it.

    there are at least 2 lenders who specialise in park home financing(roy scotlarch being the one that comes to mind)
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