A. Site fees will vary from park to park and also the location within the park. Check before buying. In addition to the site fees you must also consider gas, electricity, insurance and general maintenance. Q. How long do the parks open for throughout the year?
A. The period which a park remains open for throughout the year will vary from park to park. Some parks remain open all year round while other open between 8 to 10 months of the year. Check with each park before buying. Q. How long can the caravan stay on the plot before replacing?
A. Some parks will imply a maximum age for the caravan when it will need replacing, other parks will gauge the condition of the caravan when deciding if it needs replacing. The purpose of this is to ensure that the park as a whole does not look run down. Q. Can I sell my caravan?
A. Yes. You have the right to sell the caravan at any time. There are procedures which must be followed and these may vary from park to park. The procedures usually includes:
- Ensuring all park fees are up to date.
- Notify the park of your intent to sell in writing, and on a regular basis when selling. At this stage the park may make you an offer to purchase.
- If you decide to sell to a private individual some parks may insist that you conduct the sell though the park office who will handle the funds, have to approve the buyer and advise on the price sought and their commission payment (if applicable).
A. Yes, As with any property insurance is advisable to recoup any loss. You can insure both the caravan and the contents. Q. Can I rent out the caravan?
A. Yes. Renting is a good way to supplement the annual fees to reduce the cost of owing your static caravan. Q. Can I loan my caravan to my friends and family?
A. Yes!!! This is one of the key reasons most people purchase a holiday caravan or holiday home. Q. What maintenance does a holiday home require?
A. Modern holiday homes are generally well constructed and require little or no external maintenance as the external aluminium skin is extremely durable. Manufacturer warranties can be extended but do not cover damage from wear and tear. Q. Is buying a caravan a good idea?
A. Yes, if it is bought for the right reason, buying a carvan is a life style choice which can give you and your family a great opportunity to spend quality time together and get away from the stresses of every day. Q. Do caravans deprecate?
A. The feed back received about owning a caravan has been great and people have had years of enjoyment from it. But before buying you must take into consideration the depreciation if only looking for a short term investment.
This page is for information purposes only. Take legal advice before purchasing.