Static Caravan Ownership

Static caravan ownership

Advice on static caravan ownership

Numerous factors must be considered when buying a static caravan. Westcountry Resorts has compiled valuable insights on static caravan ownership to ensure you make the best choice for your needs and dreams.

Benefits of owning a static caravan

Owning a static caravan is a gateway to a more fulfilling and enriching lifestyle. It provides a cosy retreat where you and your loved ones can gather, free from the distractions of everyday life. Imagine having a charming getaway that offers relaxation, tranquillity, and the potential to generate extra income when you’re not there. Renting it out can help cover the site fees or even turn a profit, making your investment work for you.

The delightful escape immerses you in nature, promoting better mental and physical well-being. There is no need for extensive travel planning, and your holiday home is always ready to welcome you whenever you crave a break. Whether nestled by the shimmering coast or in the serene countryside, owning a static caravan opens the door to a comfortable and enjoyable lifestyle, inviting you to create cherished memories in your sanctuary.

Conduct lots of research

It’s essential to conduct thorough research before purchasing a static caravan to ensure that you choose one that fits your needs and lifestyle. Also, it’s crucial to look into the right park to ensure that it offers the necessary facilities and follows the letting and park rules that are important to you.

Selecting the perfect location for your static caravan enhances your getaway experience. Consider whether you’re drawn to the soothing sound of the seaside, the tranquillity of the countryside, or the convenience of nearby local amenities. Be mindful not to choose a location too far from your primary home, as you’ll want to keep travel costs and time to a minimum. Finding the ideal spot can transform your holidays into memorable escapes just a short journey away.
Researching the running costs is essential to ensure affordability. It’s important to check with the park regarding site fees. You should also consider hidden costs such as annual gas safety tests and winterisation, which protects your static caravan during colder months. While outside and inside cleaning services are optional, they can be a valuable way to protect your investment.

What is a static caravan license agreement?

A static caravan licence agreement is a legally binding document outlining the park’s terms and conditions. It is between the park owner and the caravan owner. It outlines the terms of use, site fees, and rules and forms a contract to protect both parties.

When purchasing a holiday caravan, it’s wise to research, check the licence agreement, and make sure the park is responsible. 

Check if the park is a member of one of the UK’s leading organisations, such as the NCC (National Caravan Council) and the BH&HPA (British Holiday and Home Parks Association). These organisations write licence agreements for caravan and lodge parks, provide a code of practice to park owners, and ensure better consumer protection.

Remember, just because a park is open for 12 months, it doesn’t mean you can live in it! If the park issues a holiday licence agreement, then the caravan is for holiday use only and can’t be a residential abode. Responsible parks request identification to include a passport or driving licence along with proof of address, council tax documents and utility bills to prove residency. 

If you are looking for a residential base, finding a park offering a residential licence agreement is paramount. The next step is to check with the local authority to ensure the park is listed as a residential park. To protect your investment, a written statement from the park should be received before monies are exchanged.

Carefully reviewing the agreement is essential to ensure that you protect yourself.

How much for a static caravan?

Prices for static caravans can vary significantly from one park to another. Caravans near the seaside often hold more value than those in more secluded areas. Additionally, a wide range of park facilities can enhance the value of a static caravan, along with its condition and size. Westcountry Resorts offers a selection of static caravans for sale, ranging from £15,000 to £95,000.

Frequently asked questions

What is the lifespan of a static caravan?

A static caravan’s lifespan is generally 15 years, and that of a holiday lodge is 30 years. It’s essential to check the site’s policy in the park license.

How can I finance a static caravan?

Purchasing a static caravan is a significant investment that needs to be considered in detail. Taking out finance to buy one can help you break down the initial cost into more affordable payments to continue doing what you love.

There are many ways to finance a static caravan, including personal loans, hire purchase agreements and credit cards. Shopping around is essential, and considering the interest rates, terms of finance, and deposit criteria is a good place to start. Compare other methods, like releasing equity from your home, 0% finance, and low-interest options.

It is vital to prepare for the unexpected, make sure the payments are comfortable and don’t overstretch yourself. While letting out the holiday home can pay your fees, they can be unpredictable, so it’s best not to rely on such payments. Instead, consider them a bonus.  

A static caravan is much like a car; it depreciates, so starting with a larger deposit can be advantageous. If the unexpected does arise and you need to sell, it may prevent a negative equity situation.

Do you need council tax with a static caravan?

If you are considering purchasing a static caravan on a residential site, you will need council tax as this is your primary home. Buying on a holiday site means you won’t need to pay council tax.

 

How much are the site fees?

Site fees can start from £3,000 per year, but they vary depending on the location and facilities available.

 

Do you need insurance for a static caravan?

Insurance for a static caravan is not legally required. However, it will be a requirement in most holiday parks. It’s essential to check the park’s policies on this.

 

Do you need to buy a second TV license for a static caravan?

You don’t need to purchase another TV license for your static caravan if you have one at your primary home unless the TV at both the caravan and your primary home are being used simultaneously.

 

Whilst there are many pitfalls to avoid when purchasing a static caravan, conducting the proper research will minimise problems and ensure a more positive caravan experience.

Westcountry Resorts has a selection of pre-owned static caravans for sale around the South West and beyond.

Alternatively, if you have a static caravan or lodge you want to sell, read: Sell my static caravan or lodge privately. Westcountry Resorts has been helping caravan and lodge owners sell their holiday homes for the last twenty years. If you would like more information, please call 01392 271 222.