Is A Static Caravan A Good Investment?

Do static caravans hold their value?

The average depreciation rate of a static caravan is similar to that of a car.

This works out at about 15% per year, although this figure is simplified to an extent.

Newer caravans depreciate more quickly than older caravans, so that’s worth bearing in mind..

What costs are involved in owning a static caravan?

The number one cost associated with owning a static caravan is the pitch fee. Pitch fees vary greatly across the UK depending on location, pitch position and facilities. Ensure that you investigate this carefully before buying. There will also be other associated costs such as gas, electric, insurance water & rates.

Do you have to pay council tax on a static caravan?

As long as the holiday home isn’t being used as your sole dwellings (also known as a residential holiday home), you won’t be liable to pay council tax on it. Holiday homes do not count as main residences most of the time, and so are not classed as domestic property. This means means they do not incur council tax.

Which is the best static caravan to buy?

What is the best make of static caravan to buy?Willerby. Willerby caravans have been building static caravans for many years and deliver a fantastic holiday home year after year. … ABI. Many customers looking for a static caravan to buy will come across an ABI caravan . … Delta. … Pemberton. … Sunseeker. … Victory. … Atlas. … Swift.More items…•

Do I need permission to put a static caravan in my garden?

Mobile Homes and Caravans can be sited and used in a garden without the need for express planning consent. … If the caravan is not considered to conform to the definition of a caravan then ‘building operations’ may have been carried out. In either case, planning permission will be required.

Can you live in a static caravan in winter?

Unless you have a holiday lodge or have upgraded your static caravan to a Residential Specification (BS3632:2015) it won’t be as well insulated and the performance of the heating system won’t be as good, as it’s only built for seasonal use. But it doesn’t mean you can’t enjoy some occasional use in the winter months.

Can I put my own static caravan on a site?

The first thing you need to know is that you can’t use the caravan as your main residence; that’s not allowed. Many parks close in the winter, anyway, so you wouldn’t be able to stay all year. Instead it’s a holiday home, and quite an expensive investment.

How do I keep my static caravan warm in the winter?

How to Keep Your Static Caravan Warm in WinterUnderfloor Heating. A static home has far fewer insulation properties than a normal house, but you can overcome many of the problems with underfloor heating. … External Insulation. … Open The Curtains. … Water Systems. … Accessories & Internal Features. … The Final Word.

Who is exempt from TV license?

People who are aged 75 or over and receive Pension Credit. People who are blind (severely sight impaired). People who live in qualifying residential care and are disabled or over 60 and retired. For businesses that provide units of overnight accommodation, for example, hotels and mobile units.

Do I need 2 TV Licence for 2 properties?

Houses, flats, bungalows or cottages You will need a separate TV Licence to watch or record programmes as they’re being shown on TV on any channel or TV service, or to watch or download BBC programmes on iPlayer in your second home.

Should I buy a static holiday home?

Static caravans are a significant financial investment, both initially, and the ongoing maintenance. However, if you are comparing the costs of taking many holidays throughout the year, renting a holiday cottage or even a caravan, it will likely make good financial sense actually to buy your own caravan.

How long will a static caravan last?

10 – 20 yearsMost operators allow you to keep a static caravan on their park for 10 – 20 years, with lodges allowing slightly longer – although this should be determine in your site license agreement.

Do you need a TV Licence for a static caravan?

You’ll need to buy a TV Licence for your static caravan, mobile home or moveable chalet if: anyone, at the same time, is watching or recording live TV on any channel or watching or downloading BBC programmes on iPlayer at your main licensed address. the caravan or mobile home is your main residence.

What are the rules for living in a static caravan?

The exact rules and regulations in regards to living in a static caravan on your own land vary by council. But normally it is not allowed on a permanent basis. Planning permission is required before the caravan is sited on the land. There are a few exceptions to this.

Can I live in a static caravan permanently?

Static caravan sites or holiday parks are usually open for around 9-10 months of the year and are intended for holiday use only. This means you cannot live at these sites permanently, and they may have restrictions as to how much time you can spend there in one go.

Can I claim housing benefit for a static caravan?

Yes. You can make a claim for Housing Benefit towards your rent and site fees in the usual way. Mobile homes include caravans occupied by people with a travelling tradition, such as Gypsies and Travellers. If you live in a universal credit area, you will have to claim housing costs under universal credit instead.

What do I need to know about buying a static caravan?

Top 20 Questions to Ask Before Buying a Static CaravanIs the Caravan Holiday Park open all year round? … Is the Caravan Holiday Park child-friendly? … Will you be able to take your pets? … Do pitch fees vary and if so how? … Does the Caravan Park have its own entertainment and sports facilities? … What entertainment facilities or activities are close by? … What are the site’s fees?More items…•