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Problems selling a holiday home at Finlake Holiday Park (Devon)
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Presumably the park does not have an infinite number of new units to sell. can you wait until they have sold their stock?0
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SmashedAvacado wrote: »Presumably the park does not have an infinite number of new units to sell. can you wait until they have sold their stock?
This is a good idea.
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What makes you think there's a legal solution here? You can't stop buyers from finding out about a more competitively-priced alternative.
Ok, but what's the relevance of the law? It doesn't sound like anybody's breaching a contract, and I can't see anything else generally unlawful going on.They only find out about other offers once myself and the estate agent have done all of the running around (advertised online and in the estate agents, arranged viewings, then discussed/agreed a sale price).
My buyer went through all of the T&C's over the phone with the park and were ready to sign the paperwork with the sales team to buy MY property...then it's all fallen through.
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We paid £30k for a static caravan at the beginning of 2016, enjoyed three seasons in it and then at the end of 2018 decided to sell it.
The site offered us £12k if they sold it for us and we had to pay the 2019 site fees.
However, this is what we expected, it was what was written on our contract when we bought it. We were glad to sell it at that price. They probably sold it again for about £25k, we don't know, we had agreed to accept £12k. If we had sold it ourselves for (say) £20k, then by the time we'd paid commission and other charges, we'd have probably got a couple of grand more, but had tons of hassle. We took the easy option.
Lodges and static caravans devalue greatly, especially if the lease is short.
You can't really blame people for going with a better option.(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 Eagleton0 -
We paid £30k for a static caravan at the beginning of 2016, enjoyed three seasons in it and then at the end of 2018 decided to sell it.
Wow! £6k per year - that would buy a months stay at the 5* hotel down my way!
Frankly, given all the restrictions on re-sale, marketing, sub-letting, removal of old units etc, I am surprised that anyone ever buys a static caravan as opposed to simply renting one with the added advantage of being able to holiday in different places.0 -
Welcome to the murky world of park homes.
The fact is YOU own the lodge, but THEY own the site. Your lodge would be worth a LOT less off site. So if the site owner has a vacant plot, they can easily put a unit on it, and sell it for less than yours
Also if you do sell it, it used to be the case that the site owner can claim 10% of the sale fee as comission. Is that still the case or has the law on that changed?
You could advertise it yourself e.g on gumtree to see if you get any more buyers but you are goinf to jit the same brick wall.
Unfortunately these park homes are rarely a good investment. They will only go down in value as they get older, and some sites will have rules saying that at a certain age they must be replaced.
To give you an idea how little they are actually worth, I have a not particularly old, single unit 2 bedroom static caravan on my own land, that cost me £40000 -
Enter it into a property auction.0
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85k sounds like a lot, do you have a link?0
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Brock_and_Roll wrote: »We paid £30k for a static caravan at the beginning of 2016, enjoyed three seasons in it and then at the end of 2018 decided to sell it.
Wow! £6k per year - that would buy a months stay at the 5* hotel down my way!
Frankly, given all the restrictions on re-sale, marketing, sub-letting, removal of old units etc, I am surprised that anyone ever buys a static caravan as opposed to simply renting one with the added advantage of being able to holiday in different places.
We knew the costs when we bought it - it was a lifestyle investment, not a financial one (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 Eagleton0 -
Could you get your own back and rent it out to some f****** nightmare people who let the whole site down??An answer isn't spam just because you don't like it......0
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