If you’re thinking about selling your park home, it’s important to understand how the process differs from selling a bricks-and-mortar property (or indeed a holiday caravan!).
While the idea of moving on might feel daunting at first, a well-prepared sale can be straightforward-and knowing your rights and responsibilities from the outset will help ensure a smooth transition.
Whether you’re relocating to a new park, downsizing, or simply making a lifestyle change, here’s a clear and practical guide to help you through the process.
UNDERSTANDING WHAT YOU’RE SELLING
When you sell a park home, you’re selling the home itself-not the land it sits on. The pitch remains under terms with the park owner, and this agreement is transferred to the buyer. That’s why it’s so important to review your pitch agreement in advance—this outlines the terms and conditions the new owner will be agreeing to as part of the purchase.
“…it’s so important to review your pitch agreement in advance—this outlines the terms and conditions…
PREPARING YOUR PARK HOME FOR SALE
Just like any property sale, first impressions count. A clean, well- presented home will always generate more interest and could even improve your final sale price.
- Tidy Up the Exterior: A fresh coat of paint, clean windows, and a neat outdoor space make a big difference.
- Make Minor Repairs: Fix any loose fittings, cracked tiles, or cosmetic damage—small jobs that show you’ve cared for the home.
- Declutter Inside: Create a welcoming, spacious feel by keeping interiors neat and clutter-free.
- Have Documents Ready: Buyers will want to see key paperwork, including the pitch agreement, proof of ownership, warranties (if applicable), and recent utility bills or service records.
FINAL THOUGHTS
Selling a park home may involve a few more steps than a typical house sale, but it doesn’t have to be complicated. By understanding the process, preparing your home properly, and having the right paperwork ready, you can ensure a smooth, stress-free experience for both you and your buyer.
If you’re thinking about selling, take your time, get organised, and don’t be afraid to ask for advice. Your park operator may also be able to guide you through some parts of the process.
THE SALES PROCESS:
STEP BY STEP
Here’s a simplified breakdown of the typical steps involved when selling your park home:
- Find a Buyer: You’re free to advertise your park home and sell to a buyer of your choice. You can market the home privately, through an estate agent, or even word-of-mouth within the park community.
- Provide the buyer with written information: As the seller, you’re responsible for providing the buyer with written details about the park and the pitch agreement. This includes a copy of the Written Statement (pitch agreement), details of site rules, charges (such as pitch fees), and any other relevant documents.
- Notifying the Park Owner: Once a sale has been agreed, you must inform the park owner. While they don’t need to approve the buyer, they must be notified formally. You’ll also need to provide the buyer with a ‘Notice of Proposed Sale’ document, which outlines the sale price and includes any commission due to the park owner.
- Commission Payment: Park owners are usually entitled to a commission on the sale of the home. This is typically up to 10% of the sale price and is payable once the sale is completed. It’s important to factor this into your expected returns.
- Completing the Sale: The buyer will complete a ‘Notice of Assignment’ form, confirming the transfer of the pitch agreement. This is sent to the park owner along with the commission payment. Once this is done, the sale is complete, and the new owner can take possession.
HAVE YOU SOLD YOUR PARK HOME RECENTLY?
Got any tips or insights to share with fellow owners? We’d love to hear your experience-get in touch and tell us your story for a future edition of Parklife!
