[Park homes] Can the land owner sell the land the homes are on?

[Deleted User]

I'm inclined to say yes but on Zoopla when I'm looking at park home properties, they're listed tenure freehold and it says "Freehold means you’ll own the property and the land it's built on. You'll usually be responsible for the maintenance of the property and have more freedom to alter it."

So does this mean the little plot of land the home is build on is completely mine, or does this not apply to park homes? 

user1977

It just means agents are rubbish at entering the correct details on Zoopla. It’ll almost certainly be leasehold.

Bookworm105

the answer is no 
Are park homes leasehold or freehold? | Willerby

[Deleted User]

Bookworm105 said:

the answer is no 
Are park homes leasehold or freehold? | Willerby

From that article 

"The site agreement is for a specified period (typically around 70 years). When it expires, you continue to own the park home, but will need to renew the agreement."

70 years is absolutely fine by me, I'll be long dead by then and don't care what happens to home. So let's say the agreement was for 70 years. Does that mean the site owner is prevented by law from selling the site / land / plot etc? 

Olinda99

they can sell the plot but the new owner will be bound by the same terms so.it won't affect you

Sea_Shell

Or the park owners go into administration and the gates to the park get locked whilst they sort it all out !!

😲

RHemmings

Sea_Shell said:

Or the park owners go into administration and the gates to the park get locked whilst they sort it all out !!

😲

Can this legally happen? 

lincroft1710

Parks are sold, that is how some of the big park owning companies build up their portfolio. But the homes thereupon usually remain, the home owners just having a new landlord

koalakoala

There was a Park home where I lived. Mostly static homes, a very few caravans they were phasing out.
After several years the Park owner stopped paying all bills and taxes, and was finally declared bankrupt.
The council took over the park, and all home owners had to find other sites to move their homes too.
it cost them quite a lot of money

Bookworm105

[Deleted User] said:

Bookworm105 said:

the answer is no 
Are park homes leasehold or freehold? | Willerby

From that article 

"The site agreement is for a specified period (typically around 70 years). When it expires, you continue to own the park home, but will need to renew the agreement."

70 years is absolutely fine by me, I'll be long dead by then and don't care what happens to home. So let's say the agreement was for 70 years. Does that mean the site owner is prevented by law from selling the site / land / plot etc? 

you may think that is the answer you were looking for but there are dozens of websites that explain other pitfalls of renting (leasing) the pitch on which your own home is situated. 

time to do some reading on your own, here is a start: Age UK Factsheet #71
 Park homes