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Mortgage on a static caravan?

Brunokid

Brunokid Posts: 62 Forumite

Seventh Anniversary

10 Posts

Name Dropper

4 May 2024 at 6:58PM in Mortgages & endowments

A friend lives in a rental property and wants to buy and live in a static caravan on a proper residential site.
Do lenders do mortgages for this?

0

Comments

Mark_d Posts: 2,155 Forumite

4 May 2024 at 7:25PM

Wouldn't be a mortgage in the normal sense but you could get finance packages

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elsien Posts: 35,437 Forumite

4 May 2024 at 9:03PM

Not a mortgage because they are an asset that decreases in value. A loan may be possible.

All shall be well, and all shall be well, and all manner of things shall be well.

Pedant alert - it's could have, not could of.

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naf123 Posts: 1,708 Forumite

5 May 2024 at 9:44AM

Static caravan with or without the land underneath ?

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