Buying a residential park home involves a straightforward but specific process designed for those looking to enjoy community living in a peaceful setting. The journey typically begins with choosing the right residential park and home model, followed by financial arrangements, legal documentation, and finally moving in. At Arden Parks, our residential park homes are designed for those aged 50 and over, offering a blend of independence and community in picturesque settings like our Leedons Residential Park and Broadway Park. The process includes site visits, property selection, agreement signing, and finalizing practical arrangements before enjoying your new lifestyle.
- Residential park homes are available for those aged 50+ seeking community living
- The buying process includes selecting a park, choosing a home, legal documentation, and finalizing utilities
- Monthly fees apply (starting from £193.77 at Broadway Park and £246.58 at Leedons Residential)
- New park homes come with manufacturer’s warranty and 10-year structure cover
- The Written Statement under the Mobile Home Act 1983 provides legal protection
Understanding the park home buying process
The residential park home buying process offers a streamlined pathway to downsized, community-focused living that’s particularly popular among over-50s. Unlike traditional property purchases, buying a park home involves acquiring the physical home structure and securing the right to place it on a designated plot within a residential park.
At Arden Parks, we’ve refined this process to make your journey as smooth as possible. It typically begins with visiting our residential parks to experience the atmosphere and explore available plots. Once you’ve chosen your preferred location, you’ll select from our residential park homes that meet the British Standard BS3632, ensuring quality and durability.
The next step involves paperwork, including receiving the Written Statement under the Mobile Homes Act at least 28 days before completion (though this period can be shortened by mutual agreement). You’ll then need to pay for your park home, arrange connections to utilities, and prepare for the 12-16 week period from siting to moving in.
This process offers an efficient path to a new lifestyle in our welcoming communities at Leedons Residential Park or Broadway Park, where you can enjoy facilities like indoor heated swimming pools, bowling greens, and community halls.
What are the financial considerations when buying a park home?
When purchasing a residential park home, several financial elements need careful consideration. The primary cost is the purchase price of the home itself, which at our parks starts from £215k at Broadway Park and £250k at Leedons Residential, with show homes available from £318k. Unlike traditional properties, park homes don’t require mortgages or incur stamp duty, creating a simplified purchasing process.
Monthly site fees are another important consideration. These are currently £193.77 at Broadway Park and £246.58 at Leedons Residential. These fees contribute to the maintenance of communal areas and facilities that enhance your living experience.
The sited price includes several valuable elements: connections to mains, a driveway for two cars, groundwork (including skirting, steps, and paths around the home), and a garden shed. These inclusions represent significant value and convenience.
Additional ongoing costs to budget for include:
- Council tax (majority band A)
- Utility bills (including mains natural gas at Leedons Residential)
- Home insurance
Many of our residents find that luxury residential parks offer excellent financial value compared to traditional housing, particularly for those downsizing from larger properties, allowing them to release equity while maintaining a high quality of life.
How do you choose the right residential park and plot?
Selecting the right residential park and specific plot is a crucial decision that will significantly impact your lifestyle and happiness. Begin by considering the park’s location and surrounding area. Our residential parks are strategically positioned near market towns and picturesque villages, providing the perfect balance of tranquillity and convenience.
When visiting potential parks, pay attention to the community atmosphere and resident demographic. Our parks are exclusive to those aged 50 and above, creating a community of like-minded individuals. This age restriction contributes to the peaceful environment many residents value.
Evaluate the available facilities against your lifestyle needs. At Arden Parks, we offer amenities including indoor heated swimming pools, outdoor bowling greens, community halls, games rooms, tennis courts, and dog walks – all enhancing your daily life.
Regarding specific plots, consider:
- Position within the park and privacy level
- Orientation and natural light
- Proximity to facilities and park entrance
- Size and layout options (maximum size 50ft x 22ft)
Visit Broadway Park and Leedons Residential Park at different times of day to get a true feel for the environment. Speak with current residents where possible – they offer invaluable insights into daily park life that brochures cannot convey.
What legal protections do park home buyers have?
Residential park home buyers enjoy specific legal protections designed to safeguard their investment and living conditions. The most important legislation is the Mobile Homes Act 1983, which outlines the rights and responsibilities of both park owners and residents. This creates a balanced legal framework for residential park living.
Central to these protections is the Written Statement, a legally binding document we provide at least 28 days before purchase completion (unless a shorter period is mutually agreed). This document details important aspects including:
- Your right to live in your park home indefinitely (‘in perpetuity’)
- The process for annual pitch fee reviews
- Your rights regarding home improvements and modifications
- The responsibilities of both parties regarding maintenance
Additionally, all our new park homes comply with British Standard BS3632 and come with a manufacturer’s warranty plus 10-year Gold Shield/Platinum Seal structure cover, providing essential quality assurance.
Park residents also have access to dispute resolution mechanisms should any disagreements arise. This robust legal foundation creates peace of mind for residents at our luxury residential parks, allowing you to enjoy community living with confidence in your rights and protections.
Key takeaways for a smooth park home purchase
To ensure your park home purchase proceeds smoothly, focus on these essential considerations. First, thoroughly research your chosen park’s reputation and community feel by visiting multiple times and speaking with current residents. At Arden Parks, we encourage prospective residents to explore our Leedons Residential Park and Broadway Park to experience their unique atmospheres firsthand.
Carefully examine the Written Statement and park rules before committing. These documents outline your rights and responsibilities, including important details about age restrictions (50+), pet policies, and vehicle parking arrangements. Understanding these foundational agreements prevents surprises later.
Financially, be clear about both immediate and ongoing costs. Beyond the purchase price, budget for monthly site fees, council tax, utilities, and insurance. Remember that while the initial purchase includes connections to mains, groundwork, and a garden shed, you’ll need to plan for personal touches to make your park home truly yours.
Allow sufficient time for the entire process. From selecting your home to moving in typically takes 12-16 weeks, including manufacturing time and site preparation. We’re with you throughout this journey, providing guidance and support to ensure your transition to residential park living is as smooth and enjoyable as possible.
Frequently Asked Questions
Can I make modifications to my park home after purchase?
While residents must be aged 50+, visitors of all ages are welcome. Grandchildren can stay overnight, though the park home must remain your primary residence.
What happens if I want to sell my park home in the future?
Yes, our parks have manager and resident staff available all year round, providing security and assistance when needed.
How are utilities managed at residential parks?
Utilities are connected to mains services but billed separately from your site fees. Leedons Residential Park offers mains natural gas, providing efficient heating options.