In the event the thought of way of life to the a quiet, remote property in the countryside among a residential district away from such-oriented neighbours appeals to you, then you are not by yourself. More 250,100000 people in the united kingdom are making the choice to move to a park home and, as they is cheaper than antique features (due to the fact the help guide to playground domestic can cost you shows you), it is currently a hugely popular means for people to provide collateral to pay for its old age.

However,, even when playground land tend to be relatively sensible, you’ll still need to think hard exactly how you plan in order to protection the cost. The procedure of to buy a playground house are rather to different to purchasing a vintage possessions, so there is not necessarily the choice to remove a mortgage. Although not, you’ll find about three chief ways in which you could potentially fund your own park house buy:

• Taking out fully a loan
• To buy outright (playing with savings otherwise introducing equity)
• Playing with an associate-exchange system

Playground home loans

One of the secret differences between a park domestic and you can good old-fashioned property is you are unable to get a home loan into the a beneficial park family. Read more