Selling a Park Home

A park home may be more difficult to sell compared to a conventional house. This guide shows how you can still secure a fast sale at a competitive price.

Please note: we are not currently purchasing park homes.

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Your top questions when selling a park home

✅ How are park homes defined in the UK?

Park homes are typically bungalow-style properties that are not conventional brick and mortar houses or flats, and are instead constructed mostly at another location before being delivered to a private estate where the home will be situated. The owner of a park home will usually pay the owner of that private estate an annual fee in order to keep their property on the site.

✅ Are there any reasons why a park home could be difficult to sell?

Yes, and one leading reason is the fact that potential buyers cannot obtain a mortgage to purchase park homes, because they are only buying the physical property itself and not the land on which it sits. To overcome this potential hurdle, you could consider selling your home to a fast property buyer that won’t need a mortgage and has the funds available to make a purchase immediately.

✅ How can I make my park home more attractive to buyers?

There are several simple low-cost or zero-cost steps that you can take to hopefully increase the number of people who might be interested in buying your park home. For the exterior, this can include mowing any grass on which your unit sits and repairing any broken windows or chipped paint. Inside the property, you should declutter the rooms and make it as clean as possible.

✅ Will the sale of my park home trigger Capital Gains Tax requirements?

It depends on your unique situation. Capital Gains Tax usually applies to the profit that you make from the sale of a home, not the overall larger sale price. But there are many exceptions and waivers from having to pay this tax, so you should ask a financial professional for their advice.

✅ Are there fees associated with every option for selling my park home?

No, if you sell your park home to a quick no-fee buyer like LDN Properties, or you attempt to sell the property on your own, then you won’t have to pay any commission. But if you use an auction or estate agent to sell your home, they will charge you fees for their work in finding you a buyer. Those fees are taken immediately out of the sale proceeds, adding to your overall costs.

✅ How long will I have to wait to find a buyer when selling a park home?

It depends on the method you use for selling the property, because selling with the help of an estate agent or on your own might take more than a year before you find a buyer. Property auctions will take at least several months. Sometimes the fastest way to sell a park home is contacting a quick buyer, because they can often complete the process in a handful of weeks.

✅ What assurances do I have for trusting a fast buyer with the sale of my park home?

If you’re thinking about selling your property to a quick buyer, ask them whether they are registered with The Property Ombudsman (TPO), which is an independent organisation that writes rules to protect owners from falling victim to scams in the fast property buying industry. All TPO members must follow those rules, which should give you additional peace of mind.

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