Most park homes for sale in Nottinghamshire are found on residential parks near Nottingham, Mansfield, Newark-on-Trent and Retford, and are designed for permanent, year-round living rather than holiday use. You buy the park home itself and pay the site owner a monthly pitch fee, which covers grounds maintenance and communal services.
Many residential parks have a minimum age requirement, commonly 45 or over for one resident and 35 for the other, so check the site rules before you make an offer. It's also worth asking about the length of the site licence and how pitch fees have changed in recent years.
For a used park home, check its age, condition and any service history, and confirm what's included in the sale. A site visit helps you get a feel for the pitch, neighbours and overall upkeep of the park before committing.
A park home is a factory-built, single-storey home sited on a residential park under a pitch agreement, rather than owned outright with the land beneath it. You own the home but pay the site owner a pitch fee for the ground it stands on.
Many residential parks operate an age restriction, commonly 45 or over for at least one resident, though this varies by site. Always check the specific park's rules before making an offer.
Pitch fees vary by park and are usually reviewed annually in line with the Retail Prices Index. Ask for the current fee and recent fee history before you buy.
Traditional mortgages aren't available for park homes, but specialist park home finance and loans are offered by some lenders. Speak to a specialist broker to understand what's available.
Park homes must be sold privately, not through the park itself, though the site owner may occasionally buy it back. The site owner is usually entitled to a resale commission, commonly around 10% of the sale price, as set out in the written agreement.