What costs are involved in purchasing and owning a Park Home?
Modern Park Homes (sometimes known as mobile homes or residential caravans) are low-maintenance and energy efficient. Many costs will compare favourably with traditional housing. While some things are similar to buying bricks-and-mortar homes, others are slightly different.
Things you will need to consider when buying a Park Home:
- The NPHC recommends you use the services of a solicitor when buying/selling. Make sure you budget for solicitor’s fees – they should tell you how much it will cost before you engage them.
- It is advisable to employ a surveyor if you are buying a used Park Home.
- Make sure that you are able to pay the pitch fees and Council Tax (which is usually in the lowest band) when required.
- Arrange for adequate insurance cover from the date that the home is transferred to you.