10 January 2017
Park home living can offer an affordable, comfortable lifestyle, and it continues to grow in popularity. Before you buy, it is worth understanding the main costs involved so you can budget with confidence.
If you are placing a park home on your own land
- Park home purchase price – this will vary depending on the model, size, layout, and level of fixtures and fittings you choose.
- Delivery and siting – costs depend on your distance from the manufacturer and the fees charged by delivery and siting contractors. It is sensible to obtain several quotes before committing.
- Planning permission – charges vary by location and may not apply in every case, depending on how the park home will be used and where it will be sited in relation to the main dwelling. Check with your local authority.
- Infrastructure and services – you will need a suitable base, together with connections for plumbing, heating, electricity, and any other essential services.
- Landscaping and external works – you may also need to budget for steps, a driveway, paths, decking, and garden landscaping.
If you already own the land, your ongoing outgoings may be lower because you would not usually pay site fees to a third party.
If you are buying a park home on a residential park
If you are buying a residential park home on a park, you will often be quoted a turnkey price. This is a package price that may include some or all of the following, depending on the park:
- The park home itself
- Fixtures, fittings, flooring, and in some cases furniture
- Transport, siting, and commissioning for plumbing and electricity
- Skirting, steps, parking space, landscaping, and sometimes decking
How location affects price
The location of the park you choose can have a significant effect on the price. Parks in sought-after areas, including parts of southern England and the Lake District, often command a premium. Locations close to the coast, lakes, rivers, or other attractive waterways are also usually more expensive. You can explore available locations using the online Park Finder.
A potential saving: stamp duty
One advantage of buying a park home is that you are unlikely to pay stamp duty. That could leave you with extra money to put towards your move, improvements, or future savings.
Buying a park home is an exciting step, but it is also a major decision. Whether you plan to place it on your own land or buy on a residential park, careful research will help you understand the full costs involved and choose the option that best suits your needs.
If you are ready to begin your Omar journey, explore the current park homes for sale.
