Guide to Buying a Mobile Home in the UK
The Property Market in the UK
As is the case with most other European countries, the UK has suffered from the
downturn in the property market. Repossessions in the UK are up and property prices
are down.
This may be good news if you are planing on buying bricks and mortar in the UK sometime
soon as there are indeed some bargains out there to be had. However, the mobile
home market in the UK although still suffering at the hands of the recession is not
as badly hit as other more permanent property types on the market.
This is due primarily to the fact that mobile homes are a lot less expensive than
traditional apartments and houses and they tend to be sited on leasehold land as
opposed to freehold.
Mobile Homes in the UK
Mobile homes and caravans offer an excellent and versatile method of buying
property in the UK. A cheap and easy way of climbing onto the property ladder in
the UK, mobile homes offer the buyer the freedom to move around the country and take
their home with them.
There are many residential and holiday parks around the UK offering short and long
term stays. Certain mobile home parks in the UK can offer similar facilties to other
European parks typically including gas, electricity, water and even internet connectivity.
Buying a Mobile Home in the UK
The actual process of buying a mobile home in the UK is fairly straightforward
and is not restricted as much as buying bricks and mortar.
Most mobile home parks and caravan sites will allow you to rent a pitch from them
for an anual fee from the outset. There are however, still some parks that offer freehold plots
for sale in the UK that will allow you to actually own the plot of land that your mobile
is sited on and pay a smaller ground rent to the park owners.
As with all purchases make sure that you have a contract written up with the property
details, what's included and what is not. Also ensure that you talk direct with
the mobile home park owners - that they are happy with you buying the mobile home
or caravan and remaining on the site. Are there any restriction regarding age and
condition of the units - these are all questions you need to ask the park owners
before agreeing to buy.
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