What are park homes?
Park homes are detached, bungalow-style homes, also referred to as mobile homes or static caravans. They're usually installed permanently on sites that are owned privately or by a local authority. Park home sites are usually in rural locations.
You usually buy the property, and rent the land from the site owner, so be aware of how this affects your rights. The government has published advice on park home owners' rights.
You will have to pay utility costs to the site owner. For gas and electricity they can only charge you what it cost them. For water, they can charge a 'reasonable' administrative fee on top.
- The property itself can be cheaper than equivalent 'bricks and mortar' homes
- They are usually a manageable size, and on the same level
- You can gift it to a spouse or family member without paying inheritance tax. See the government's factsheet on this for more information.
- Some parks are exclusively for older people
- Some park homes are designed to assist with independent living.
- Ground rent (or 'pitch fee') and utility costs can change
- Park homes aren't always well insulated and energy bills can be high
- You may not have the same level of access to state support, such as grants for home insulation or warm home discounts, as you would in a traditional 'bricks and mortar' house
- Parks are often further away from town centres, so consider whether this would affect your ability to access shops and services
- There may not be a park in a location that suits your needs
- If you decide to resell you will have to pay 10% commission to the site owner
- There can be extra costs hidden in the small print of agreements
Make sure to research any sites you look at, in particular look at their facilities, road access, maintenance and parking. You should always seek legal advice when buying a property.
If you're considering moving into a park home, contact LEASE for more information.
Read our guide Choosing where to live for more information about different housing options