my sister-in-law is thinking of buying a used static caravan holiday home as an investment and I was hoping to pick up some advice for her e.g. what to look out for when choosing a holiday park/ site fee,s and what they include exactly/ insurance cover/ general rules on letting the static out and all-in-all just about everything!!!!!!!! I think she,s planning on spending about £12,000.
Just ask her to be very careful what sort of lease she enters into and what happens if there is a change of site ownership. Someone on anither forum is having terrible problems with a static they purchased last year and the new owners want her off the site. Apparently similar situations have been on Watch Dog.
As said before, care on choice of site is very important. A lot of sites now say that only close family can use the van. And also only for a certain amount of weeks. Then there are site fees, repairs for damage caused, advertising for renting and more. The site fees can go up very fast and also some sites take a large cut when van is sold and can only be sold through them. Thus you are left trapped by the site owner. It can also cost a small fortune to get your van taken to another site. I have seen all of these happen before.
------------- Reality is an illusion created by lack of alcohol!!
Rip Off !!!! When my wife's father passed away, a few years ago, my mother in law decided to buy a static on the south coast. We had it for three seasons and had to sell to the site owner. The van cost £10,000 new, on site and hooked up to the domestic facilities and the ground rent was £750 a year. There was no re-hire to anyone else and family had to be booked in to the site in advance on arrival. We knew the condition and where happy to comply. There where some minor faults with the van and we went through hell trying to get the site owner, who was responsible for repairs, to get these sorted. At the end of the first season, we received a letter explaining the the ground rent was to be increased for the following season, £1000 a year. We again decided to absorb these costs and went with it. Still we waited for the repairs and we where getting to a stage where the only time we heard from the site owners was when they wanted something. We had good times at the van and enjoyed the quality time by the sea. Towards the end of the second season we received another notification of a ground rent rise, £1250 and this was the last straw. We decided it would be cheaper to go on holiday than pay up this money. We tried to advertise the van and asked for a reasonable amount for a two year old van. No luck, we beleive the site owner was sabotaging our efforts as we had to advertise through his company, in the small print. To cut a long storey short, we had to sell to the site owner for half the value of the van when we bought it. We lost just over £5000 on the van. The gutless had our van sold two week later and charged the new tennant £780 ground rent. The information came via a lovely couple who we had met on the site, so I cannot confirm the details. My advise, BE VERY CAREFUL, and be prepared to loose money should you decide to move on.
As said above there can be serious problems in this. One near to us has just got planning permission for housing and mobile home owners are struggling to fight eviction. Agreements tend to suit the landlord whose lawyers drew them up.
A day of all things motorhome and campervan. The show is held both in the main indoor arena and across the grounds. Catering, hot drinks and food options are available. Easy access to the site and free parking included. Win one of five pairs of day tickets
Topic: Advice Needed Please!!!!!
had our van sold two week later and charged the new tennant £780 ground rent. The information came via a lovely couple who we had met on the site, so I cannot confirm the details. My advise, BE VERY CAREFUL, and be prepared to loose money should you decide to move on.
