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   Caravans and Caravanning -  Static, Residential, and Mobile Home Ownership
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Subject Topic: Expensive or not Post Reply Post New Topic
Message posted by Skeptical24/5/2021 at 5:59am
Outfit:  None Entered     Location:  
Joined: 24/5/2021
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Why would a 17 year old static van on a resident site command an asking price of 35k the site itself is nice and you have countryside around you the van is in decent condition regarding its age and the distance between vans is very spacious. and it ten minutes from a beach.

But it seems a lot of money.

Message posted by miss baritone via mobile 24/5/2021 at 7:46am
Outfit:  Sterling Excel 520     Location:  hartlepool
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Anything 2nd hand is worth what someone is prepared to pay for it.

What does the price include? Are site fees covered for so long? Has extensive work been done. As itís a residential site how does the price compare to local house prices? Could they be aiming to sell as a home to someone who canít afford to get on the property ladder? Do they think pandemic means theyíll get a better price from people wanting to use it as a holiday home?

As with any property someone chooses to sell they can ask any price they want for it but the value will be settled at the price whoever buys it pays for it

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Good cakes aren't cheap. Cheap cakes aren't good

Message posted by iank0124/5/2021 at 8:07am
Outfit:  Buccaneer Cruiser     Location:  Worcestershire
Joined: 30/6/2004
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Many sites have a clause stating that a static should not be any older than 10 years. Either way £35k is way too expensive for a 17 year old static that is nearing the end of its life.

Message posted by 22seaside24/5/2021 at 9:50am
Outfit:  residential park home     Location:  None Entered
Joined: 05/2/2019
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If it is a genuine licensed RESIDENTIAL site, which means it is a Protected site under the Mobile Homes Act, then £35,000 is not expensive - it is cheap.
Bear in mind that if this is genuinely residential, then, in law, there cannot be any age limit to the van itself.
If it is a holiday/leisure static, then it is expensive, especially as there is no guarantee that you will be able to stay there, unless you get a contract stating that you can keep the van on that pitch for xx number of years - and even that may change if the park is sold.
ADDED:
If it is a leisure van you cannot live in it.
If it is residential, you cannot use it as a holiday home.

Message posted by Skeptical via mobile 24/5/2021 at 11:01am
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Yes it's definitely residential there is a no age limit on the site for statics plus it meets residential requirements for living ie insulation. Thanks for your replies it's put my mind at rest. I am nearing retirement and I fancy living in one and then sell my house. For a nest egg fund.

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Message posted by 22seaside24/5/2021 at 3:09pm
Outfit:  residential park home     Location:  None Entered
Joined: 05/2/2019
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Quote: Originally posted by Skeptical on 24/5/2021
Yes it's definitely residential there is a no age limit on the site for statics plus it meets residential requirements for living ie insulation. Thanks for your replies it's put my mind at rest. I am nearing retirement and I fancy living in one and then sell my house. For a nest egg fund.



WOAH, WOAH- there is more to being residential than simply not having an age limit and being built to residential specification. Even having a 12 month occupancy permission does not make it residential - it has to be recognised in law as a "Protected Site" under the meaning of the Mobile Homes Act.
Have you checked the site licence and the site planning permission?
It is sadly far too common for homes with a leisure licence to be sold and used as if they are residential.
First, see a copy of the site licence (which by law must be on display somewhere in the park, may be inside the office) and make sure that there is nothing anywhere that says "leisure", "holiday" or in any way restricts how long the van can be occupied.
Then, if the home is a private sale, ask to see the Written Statement, as on residential park homes this is the agreement that you will inherit and form your right to live on the park, and outline your rights and responsibilities. If it is being sold by the Park, ask to see a draft copy of the Written Statement.
I have tried to attach a link to the Government website about park homes, which gives more information about buying and selling - if it does not work, just google "park homes gov.uk".
https://www.gov.uk/park-mobile-homes
Bear in mind that if you buy the home privately, you pay the seller 90% and give the remaining 10% to the Park, when they assign the Written Statement to you. The same thing will happen if/when you sell.
The pitch fee will increase each year by RPI.
I recommend using a specialist solicitor, as they will also check the planning permission of the park, and make sure that the land itself is not on a short lease.
Please do NOT simply take the word of the seller that it is residential - even if the seller is living there.
Parks are very big business, and big companies are now buying parks as investments, and the first thing they do is look to see which older homes they can get rid of to sell new ones to make money. If you are not protected by the Mobile Homes Act then you will be fair game, and could end up homeless.

Message posted by Fiona W via mobile 12/6/2021 at 4:30pm
Outfit:  Autosleepers: Clubman > Nuevo.     Location:  Ayrshire
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I learned a lot from that full reply, 22seaside. I hope the OP does too. Itís a pity theyíve not acknowledged the time you put in to help them though. Letís hope thereís a happy ending.

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2022 - 3 sites, 8 nights / 2021 - 11 sites, 29 nights / 2020 - 4 sites, 20 nights / 2019 - 13 sites, 35 nights / 2018 - 20 sites, 33 nights / 2017 - 10 sites, 22 nights / 2016 - 19 sites, 33 nights / 2015 - 15 sites, 27 nights.

Message posted by Colin2112/6/2021 at 6:05pm
Outfit:  1992 Elddis Wisp 450CT + X Trail     Location:  East Herts
Joined: 05/11/2013
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I'm not that familiar with the current rules on residential parks although I know a a lot has changed since we had ours. We sold ours to the park operator at the time as we had little choice. This was 1974 and we lost a lot of money, or at least it was for us at the time. Back then there was little difference between residential and holiday parks. We could sell privately if we wanted to, but not to remain on the park, hence we couldn't give it away and had to accept what the park offered. Shame, as we liked it there and would have bought a bigger one if things had been different.



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Best Regards,
Colin


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