You might think that buying a park home is very different from buying a traditional brick house. However, in many ways, the purchase is very similar. This is still one of the biggest purchases that you will make in your life and a decision not to rush. There are many things to consider when buying property, some that apply to any place of residence and some that are unique to park homes. Here are some considerations for buying a park home:
Ownership
One of the main things to consider with a park home is the issue of ownership agreements relating to your home. Parks must have proper planning and location licenses issued by local authorities in the area. The majority of ownership agreements mean that while you will own a home, you will not own the land where it sits. Depending on the site license, there may be different rules and regulations in different parks.
Most of the sites are completely residential, but if you buy at one that is designated as a holiday park, you know that you will not be able to live on the site throughout the entire year.
It is important to fully understand your agreement because if you end up breaking the agreement, you can face serious repercussions.
Cost
This type of property is a very popular choice because it is often a more affordable alternative to bricks and mortar homes. Although, it is important to understand the additional costs that you will incur. If the property will be your main residence, you will be responsible for the council tax. Pitch fees will also be requested. There can also be separate costs for utilities such as gas, electricity, and water. Find out more about Park Homes for Sale in Bedfordshire at http://www.parkhomelife.com/our-parks/pine-view-park/
Do I need a lawyer?
You don’t need one, but it is recommended for your peace of mind. Hiring a lawyer is standard practice for buying all types of property. With park homes being a fairly special type of construction, it might be more beneficial for you to get the help of a lawyer.
Do a survey
If the home you’re interested in is used goods, it might be a good idea to use a surveyor who specializes in these homes. They will examine every part of the house, inside, outside and below it to check for possible problems and advice on how to solve them.
Know the rules of your site
All parks will have certain rules and it is important to understand this fully, so you don’t get any unpleasant surprises. General rules include age restrictions, with parks that usually only accept those over 50 years old. There are also rules about pets and restrictions on the number of vehicles that can be parked on location. The rules are designed to make the park comfortable and pleasant for everyone but may not be suitable for all.
