Buyers guide
Guide
Buyers Guide to your new forever home
Our modern park offers an active community lifestyle for the retired or those approaching retirement.
Park homes are single storey and low maintenance, with significantly lower running costs than a traditional bricks and mortar property, including the lowest level of council tax.
They are sold fully furnished with luxury modern appliances, they are energy efficient, warm, cosy and well insulated.
Outdoor space is large enough for those with a passion for gardening, but small enough to be manageable and easy to maintain.
Establish a budget for your new park home
Prices of park homes vary by size and specification – typically from £100,000.
When buying a park home, you purchase the physical property and lease the land it sits on in perpetuity. This tenure is known as “Virtual Freehold” and means most high street mortgage lenders would be unable to offer you a mortgage to buy a park home. However, finance can be available. If you do require finance to purchase your new home, please contact us and our helpful team can advise you on what is available through specialist finance companies.
As with any home, you will be responsible for paying for gas, electricity, water, and council tax (lowest level).
You will also need to pay ‘ground rent’ which is an annual payment to retain your home on the plot, and includes running costs such as the upkeep of communal areas, road maintenance and the continued provision of services and amenities.
The other cost to consider is insurance, an insurance policy will need to be purchased from a specialist park home insurer.
FREQUENTLY ASKED QUESTIONS
Are Park homes like caravans?
Park Homes are definitely not like caravans! Park homes are designed to be main residences and as such they are built using timber frames and must conform to the British Standard BS3632.
What are the responsibilities of a park home resident?
As the owner of a park home, you have a responsibility to keep your home well-maintained – this includes keeping the outside of your home and your outside space clean and tidy.
What are our (the park owners’) responsibilities?
We, the park owner has a responsibility to keep common and communal areas in good condition, to make any necessary repairs to the ‘area’ where your home sits, and to maintain any services supplied to your home or pitch (utilities and services).
If you buy the home but not the land, how secure is your home?
The answer to this is ‘very’. The Mobile Home Act 2013 made sure park homeowners’ rights are heavily protected, as is the land their home sits on. Full details of your rights to the land your home sits on will be outlined in your agreement.
Reviews
what customers says
The team have been incredibly helpful in answering all my questions about considering the move to a residential park, and make me feel confident about this decision.
– Andrew K
I recently visited Lyons Residential Park, and I was thoroughly impressed! The team have been incredibly helpful and welcoming.
– Mark J
Looking to move to a different residential park, and this location is perfect, on the doorstep to Wales which we love and still close enough to family working in the city, we can’t wait to make the move.
– Chris J
The staff have been amazing. They made the entire process of securing our home and plot so easy and stress-free. They’re always available to help with any questions or concerns.
– Joan H
I’ve been considering moving to a residential park for a while, and Lyons Residential Park has really stood out to me. The location is absolutely perfect – close to everything I need yet peaceful and serene.
– Shannon R