In my opinion, it's not like being homeless. We have money in the bank, so can act immediately in an emergency. We're reluctant to buy again unless it's a Park Home. Might rent if the right place comes up. Where? We don't know yet.
It's currently stored and registered at a relatives. We will probably sell it quite soon as we are quite fit and have ebikes.
Be careful about Park Homes as there are 'hidden charges' which you need to know about before you buy especially in relation to selling it on in the future where most will charge 10% commission minimum + VAT for doing nowt and they can work out a lot more expensive than a normal house.
Yes, aware of those charges, also certain site owners are undesirable as a landlord. Which is why we haven't already bought one. £150per month site fees!, certainly put me off, that's almost a mortage. So we will full time as long as we enjoy it. Thanks
We looked at buying a Static Caravan in Felixstowe , first overheads ( according to 5 Owners we spoke to they were selling due to overhead costs) , that put us off as site company wanted just under £5000 site fees, soon as you buy it value drops at fast rate and you have difficulty selling, that's one reason we are in Motorhome
Plus council tax as it would be classed as your main residence. Whilst you may be able to afford the 'home' itself in a place where a bricks and mortar type one may cost a heck of a lot more the running costs can be quite a bit more expensive especially if you have to buy your gas/electric direct from the site (yes I know new rules came in about this but it can still be expensive as you are tied to whoever they use rather than being able to use other suppliers).Yes, aware of those charges, also certain site owners are undesirable as a landlord. Which is why we haven't already bought one. £150per month site fees!, certainly put me off, that's almost a mortage. So we will full time as long as we enjoy it. Thanks
That's the problem if you go for some of the larger commercial sites with facilities (eg shop, pool etc) as they hammer you on the site fees. The best way is to find a site without those things out of the popular areas with minimal fees. We had a static (well 2 actually as we 'upgraded' and sold the first on) at Chapel Hill near Coningsby which charged a relatively small amount for site fees and there was NO buying/selling fee whatsoever. It was a 10 month occupancy site (closed February/March) and was occupied by a lot of permanent residents (which was permitted), each static had its own garden/drive etc and some had conservatories, it was just like a small village with statics instead of houses - lovely.
Yes? scandalous! We will stay on the road as long as we can.
Forgot to say earlier one of the reasons when we decided to invest in 'property' we bought lodges which are built like bungalows (ie from the ground up and not on wheels) as they don't depreciate as static
Great to hear & hope it all goes smoothly.
Very nice.
Join us or log in to post a reply.
To join in you must be a member of MotorhomeFun
Join MotorhomeFun
Join us, it quick and easy!
Log in
Already a member? Log in here.
