By Admin on May 31, 2009 in Renting & Real Estate
Is there a mortgage or a loan company that deals with mobile home purchases in the UK?
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It will be a loan rather than a mortgage.
But still go to your normal lender for advice.
I think they do better deals than commercial finance companies used by the suppliers of the homes.
BIG D | Jun 1, 2009 | Reply
Hi, the park owner may well act as a broker for the finance companies, so ask them. These lenders/brokers are also active in the market -
RoyScot Larch – 01235 438280 -
Park Home Assist Insurance Services – 0845 402 0631 -
Lots of useful general info. from the government publication “Mobile Homes: A Guide for Residents and Site Owners” -
Hope this helps !
Daytona | Jun 2, 2009 | Reply
If you mean a “park home” you can get a mortgage on them,but if you mean a mobile home(static caravan) on a holiday park,you cannot.The difference being that a “park home” is a permanent fixture and you pay council tax,but a mobile home on a holiday licensed park is considered to be just that and by law you cannot use them as a main home.The sellers of mobile homes usually deal with lenders but they can work out expensive,so try your bank or local credit union.
beverley1156 | Jun 3, 2009 | Reply