The Process of Buying a Mobile Home

Though the idea of buying a static caravan to live in may sound idyllic, the process itself requires multiple steps and critical decisions. If you’re unfamiliar with what this entails, it can be a daunting and complicated process. 

Therefore, Allens Caravans has come to the rescue with a handy static caravan buyers guide to aid you in your purchase. Before you go ahead, you’ll need to execute thorough research and seriously consider your finances. So, what exactly does buying a mobile home in our residential parks entail?

Initial Research

As with any purchase, proper research is unequivocally vital. The most accessible means of assessing what’s on the market is the internet; this will give you a clear sense of what’s on offer and the standard costs.

In addition to cost, you’ll want to consider location; fortunately, the Allens website has a handy park locator to show you our various locations on a map. You should consider what’s important to you when selecting a location: will nearby schools be a necessity? Do you need a supermarket within walking distance? Is the nightlife scene important to you? Be sure to assess the local amenities and transport links of any location you’re considering. Similarly, each of our residential parks has different onsite facilities which you’ll also need to consider before reaching a decision.

It may seem like common sense to research the initial cost of a mobile home, but you should also look into the living costs. These include bills and maintenance that will make a significant difference to pricing. Once you feel that you have a well-established understanding of what you’re looking for, you can progress to the next step of the buying process.

Financial Assessment

There’s no denying that financing is the most important factor in buying property. You will need to assess what money is available to you, what your weekly, monthly, annual, and upfront expenses will be, and set a budget. Some aspects of consideration include your monthly income, park fees, bills, transport costs, and your weekly shop.

Typically, when purchasing property, you’ll need to present multiple financial documents and should ensure that all of these are in order. If you find that your finances won’t cover everything that you need, it’s best not to proceed with the process, as you may find yourself in a difficult position.