Here at Welford Chase, although this might be our brand new park home development in Warwickshire, you can rest assured, we've been doing Residential Park Homes for years. We always welcome any questions you may have, so please do get in touch if there's anything we can do to help or advise your next move if you're considering purchasing a park home plot, either here or on any of our other parks. For your convenience, we've put together below a few of the most frequently asked questions when buying a park home for residential living.
A park home looks and feels almost the same as a conventional bungalow. Modern Park Homes have gas central heating, double glazed windows, pitched roofs and can be supplied fully furnished. Homes come with your own designated plot with garden area and space for outside seating. Parking for one car and a storage shed or greenhouse come as standard.
Check out some of the homes we are featuring at our show village for a good idea of what you can expect from your living accomodation.
The value of a Park Home is reached when adding up two factors, the value of the home and the value of the land on which it is sited. The price of the home depends on the make model and furnishing requested by the home buyers.
The choice of plots on our park at Welford Chase is vast, however all have stunning views of countryside and are a real rural retreat. A plot can be secured with a £10,000 deposit, and you can then decide upon the exact model of home you wish to place on your plot.
There are also a few other things that need to be considered, such as the monthly costs, however living costs are generally less than living in a traditional bricks and mortar home.
Absolutely! Your residential park home at Welford Chase becomes your full time main residence. By downsizing to a park home and reducing your lifetime belongings, (as well as your monthly overheads!) you'll be able to release the equity tied up in bricks and mortar and start exploring all of the benefits of enjoying life to the full.
On some other parks, there are a number of restrictions depending on whether the park has a residential or a holiday licence. In this case you may only be able to reside for 7 or 10 months of the year, meaning you're limited to finding somewhere else for the duration the park is closed.
But, Welford Chase is a full time Residential Park, and none of the homes may be used for holiday homes or rental. Additionally, they're only available to the over 50's so you can be confident that you will be among like mided people who will become life-long friends.
Home owners pay a fee, or ground rent to the park owners for the plot on which their home is sited. This pitch fee varies from park to park. This pitch fee is for the right to keep the home on the park, and includes maintenance of the communal areas, roads and such factors as electricity for streetlights.
Other costs are much the same (or slightly less) compared to living in a bricks and mortar house. Electricity in approximately half the price of a normal “bricks and mortar” home as parks sometimes buy electricity in bulk at commercial rates.
Other services such as telephone line, satellite TV are purchased directly from suppliers such as BT. LPG gas is generally used on most parks and LPG gas is bought in bulk from suppliers and then piped to each home. Water is metered to each property along with gas and electric and we read these meters and bill every three months to make life even easier. The amount at gas and electricity used compares favourably with that used in bricks and mortar homes.
Yes, the pitch fee is initially decided on in year agreement with the park owner. It will increase at the rate of inflation each year.
It can be raised more than the rate of inflation only if;
A) The Park owner has invested in the park in the previous year in a way that benefits the residents.
B) The residents have been consulted on that improvement programme.
This transfer fee is not compatible with commission payments made to estate agents. It reflects the last that the plot and the amenities of the park add to the resale value of the home. Considerable investment is necessary to develop and maintain a residential Park Home estate. A reasonable repair on this investment is essential to ensure that the park continues as a viable concern in the interest of both the home owner and the park owner.
Welford Chase does allow pets. All pets should be friendly and well-behaved and not cause a nuisance to other residents on the park.
Children can visit and stay on park, but not reside on the park - so the grandchildren are welcome, but it's a good excuse to send them back!
Welford Chase is for the over 50’s, Semi-retired and Retired. Sometimes circumstances of the customer will be looked at and taken into consideration on an individual basis at the discretion of the park owners.