Owning a Residential Park Home

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It is important to note that once you acquire and reside inside a residential park home, that you are no longer covered by the Housing Act that protects owners of 'bricks and mortar' properties. Park residences are classed as 'caravans' and are as a result covered below the Mobile Homes Act 1983. Because they are built on a metal chassis and constructed mostly of wood, they are only regarded short-term structures. Hence, any time you buy a park dwelling, you are only getting the structure - the land that the residence sits on remains the house with the park owner.

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As a part of the Mobile Residences Act 1983, you can also possess a 'Written Agreement' (or contract) with the Park Owner. If your property was bought new right after 18th January 2005, this contract need to state the plot variety of your home plus a program detailing its position on the park. In case your home was purchased new before this date, you can request this info to get a charge of £30.

Your Written Agreement may also contain specifics of when the planning permission for the park ends (if not permanent) and when the park owner's estate or interest in the land will finish. If they are not permanent you must bear this in thoughts when you plan to commit the rest of one's retirement around the park.

In the event you make a decision to sell your park house, under the Mobile Properties Act of 1983, the park owner has the right to claim 10% of the promoting value. The park owner ought to also approve the prospective home owners before the sale may be completed.

Any operate which you wish to carry out in your house must be approved by your park owner. For the retirement to become as relaxing and stress-free as you can, it is important to be conscious of your obligations and familiarise yourself with all the terms outlined inside your Written Agreement along with your park owner.

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Owning a park dwelling may be the excellent solution to commit your retirement, offering you do your homework and know your rights. There are several web pages on the Globe Wide Web that cater for owners of park homes, for example residents associations and advisory solutions. These organisations present assistance and tips on all aspects of owning a park household and all of the legalities.