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Park Home

2

Comments

  • calleyw
    calleyw Posts: 9,896 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    Seem to remember reading here that charges are levied by the site management for just about anything you do such as changing the static, or selling on.  So whole-term costs would need to be checked carefully
    I know when you buy or sell you normally pay 10% of the value to the park owners.  But on the park home my friend lives on people stay for years and years.  Not sure how that is any different to estate agents fee's when buying or selling!!!
    Hope for everything and expect nothing!!!

    Good enough is almost always good enough -Prof Barry Schwartz

    If it scares you, it might be a good thing to try -Seth Godin
  • My friend moved from a house that had become unsuitable due to disability , and which was on an awful council estate so not worth much. They managed to pay off their mortgage and move to a two bedroom bungalow/park home in a much nicer area. they could never have afforded a regular bungalow. 

    Now she is on pension credit she actually gets housing benefit  (or whatever they call it now) to help with the ground rent .

    Most of the people living there seem to be in a similar situation and are pretty happy with their little homes. Some of them are also divorcees who have had to split the proceeds from selling a regular home so could afford a grotty flat or a park home.

    This is a residential park so all year round residency and over 50's only, lots of rules and regulations but mostly to keep the place quiet and tidy . The homes sell for the price of a studio flat locally so there is no other cheap option. 
    Decluttering, 20 mins / day Jan 2024 2/2 
  • cattom
    cattom Posts: 259 Forumite
    100 Posts
    well my brother lives in a park home and has done for nearly forty years. it was a council owned site when he moved there, for £5,800. the site is now privately owned, but not by a landlord, but by the residents. its one of the few resident owned sites in the country. 
    he had a new home put on his plot about 18 years ago, which cost him £24,000, +£3000 to have the old one removed and the new one sited. electrics plumbing + services cost another £1000.  
    Homes on that site now, same as his are selling for between £100,000-£180,000, depending on condition age, etc.
  • HampshireH
    HampshireH Posts: 5,001 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    We had a relative live on a over 55 park home site. All year round and for 10 years. Recently sold it for what they paid for it which was good 

    They moved there for the lifestyle. Community bus, older persons events. Whilst it's over 55 anyone under 70 is in the minority

    The community gave them friends they wouldn't have had in their previous house  
  • thegreenone
    thegreenone Posts: 1,208 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 18 September 2021 at 8:09PM
    We had a relative live on a over 55 park home site. All year round and for 10 years. Recently sold it for what they paid for it which was good 

    They moved there for the lifestyle. Community bus, older persons events. Whilst it's over 55 anyone under 70 is in the minority

    The community gave them friends they wouldn't have had in their previous house  
    My husband has a relative who has lived on a park resort, full time, for nearly 30 years.  The outings, lunch clubs, AmDram club, coffee get togethers, bowls, swimming pool etc etc etc all went quiet over the pandemic but are starting to pick up again.  We are certain that these clubs/social life are why Relative is still thriving at 93 years old!  No idea on costs but Relative, pandemic aside, threw themselves into everything and is having the retirement we all dream of.

    Edited:  I mentioned outings twice but didn't mention the restaurant and shop.
  • Nice to hear positive experiences for a change!!
  • Skiddaw1
    Skiddaw1 Posts: 2,301 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    For what it is worth, I knew quite a few people who lived at a Park Home site near to where we used to live and they all loved it. Similar sort of communal spirit and atmosphere to living on a narrowboat.
  • lincroft1710
    lincroft1710 Posts: 19,124 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    74jax said:
    I'm only in my 40s but reading these posts, I want a park home 😂
    Youngster!!
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
  • Skiddaw1 said:
    For what it is worth, I knew quite a few people who lived at a Park Home site near to where we used to live and they all loved it. Similar sort of communal spirit and atmosphere to living on a narrowboat.

    I think that's the thing. Most people couldn't live on a Narrowboat either, but it's a perfectly valid way of life.
    As a kid, I used to help out on a park homes site. Seemed to me like everyone there had a great time. Not like a holiday site, but more like assisted living, without the assist.
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