For those wanting to downsize and release some equity, or who are looking for a more affordable alternative to the typical home, a park home residential site is a good option to consider.
Community spirit
Location-wise, park developments are often more rural and mean a step away from an urban setting but what you may lose by moving out, you gain in community. Residential parks, such as park homes for Sale in Gloucestershire have strong communities. Many are designed for retirees and clubs, committees and activities are organised by residents or the park owners. Joining in isn’t a requirement but is a great way to make friends and keep busy.
Pets
Depending on the site you choose, pets may or may not be allowed. If you’re already a pet owner, or were considering getting a furry companion, checking the park’s rules first is key, such as park homes for sale in Gloucestershire where pets are welcome!
The costs of park home living
These can be a little different from the running costs of a typical home.
Pitch fees: you rent the land the home is built on from the site owner. These fees can change yearly but they must give 28 days notice and if you can’t agree on the change, you can take it to a tribunal.
Utilities: you pay for your utilities through the park owner but there are measures put in place by the Office of Gas and Electricity Market to ensure you only pay for what you use. The owner is permitted to charge a reasonable administration fee for water.
Council Tax: it’s best to check first but on most sites homes fall into Band A, the cheapest Council Tax category.
Insurance: because homes are built from marine plywood rather than bricks and mortar, they are more expensive to insure, due to the higher risks associated.
Maintenance: it is crucial to ensure your home is weatherproofed within two years of purchasing and maintained every three years after. The steel chassis, windows, roof, doors, etc. should also be kept in good condition.
Energy bills: the homes aren’t always energy efficient but this can be remedied with better insulation.
It is also crucial to check that your property has the correct license for year round living; some sites will have licences for both holiday and residential properties.