Britain’s Becoming An Upwardly Mobile Nation As Popularity Of Park Homes Soars
• 200,000 Britons now live in park homes (BHHPA)
• 95% of residents are 55 years of age or older (BHHPA)
• New Mobile Homes Act introduced to protect mobile home owners in May 2013
The national housing market may now be showing much-welcomed signs of recovery as house prices rise at the fastest pace for 6 years but one sector has been enjoying a less well publicized boom even in the face of the worst recession for 40 years.
The mobile or park home sector has risen in popularity in recent times attracting not only those in their golden years but also younger individuals, couples and even families keen to take advantage of the lower purchase and running costs as well as strong community feeling present on many home parks.
According to the John Boston, spokesperson of the British Holiday & Home Parks Association (BHHPA), some 200,000 Britons now live in park homes and whilst the dominant demographic, some 95%, is those over 55 years of age, the proportion of younger residents is growing.
Boston comments, “Far from the negative images of ‘trailer parks’ often portrayed by the media, holiday and home parks are aspirational not desperate places offering individuals, couples, families and retirees alike good quality, affordable housing within a community in some of the most stunning parts of the country.”
Yet despite their growing popularity, the supply of new mobile homes has not kept up with demand and waiting lists are now common at many parks.
Richard Patterson, Director of leading online estate agency, My Online Estate Agent which has just listed yet another mobile home, this time located in Preston, comments,
“Mobile homes have become somewhat of a rarity in today’s marketplace. Due to planning restrictions, few new mobile homes are constructed so when a property such as the 3 bedroom home now available in Preston comes up for sale, we always see a flurry of interest with a sale often agreed quicker than traditional bricks and mortar homes.”
so fierce is the competition for park homes that a new law designed to protect mobile home residents in England has just been introduced. The Mobile Homes Act, passed in May 2013, aims to stop park owners from interfering with mobile home transactions and purchasing homes themselves at knock-down prices.
As mobile home owners do not own the land upon which their property sits, they had previously been vulnerable to unscrupulous or unfair practices by park owners but ministers insists that this new Act will no longer be able to block sales.
Patterson comments, “The new Mobile Home Act 2013 can only be a positive step forward for mobile home owners. For too long park home residents have been at the mercy of park owners but now, as numbers grow, their voices are being heard with this new government Act offering much needed legal protection.”
On the market: 3 bedroom mobile home, Preston – £85,000
My Online Estate Agent is delighted to present this lovely 3 bedroom, 2 bathroom mobile home located in Preston. The spacious property comprises master bedroom with walk-in wardrobe and en-suite, two further double bedrooms, family bathroom, shower room, new kitchen and living room as well as new carpeting throughout, large decked area, private parking for up to four vehicles and storage shed.
For more information please contact My Online Estate Agent on 0845 257 1101 or visit MyOnlineEstateAgent. ©LandlordZONE® – legal content applies primarily to England and is not a definitive statement of the law; always seek professional advice. Legislation changes, so check dates on these articles. If you have questions go to the LandlordZONE® Forums