Cover4Caravans » Considering a static home? What do you need to know?

Considering a static home? What do you need to know?

If you are thinking about buying a static home, you have probably done at least a little background research already, but here are a few tips and suggestions about things you might need to know:

What is a static home?

  • it is probably the first and most obvious question and one that appears straight forward and easy to answer – a static home is what many people might also call a mobile home;
  • as such it is bigger than a touring caravan and generally stays in pretty much the same place all the year round – it is static rather than touring;
  • but there is also a critical distinction between a static home and what is generally called a park home – the former serves as a second or holiday home and only the latter provides a permanent, year round place of residence;
  • the housing charity, Shelter, points out that the latter have planning permission granted by the local authority allowing them to be lived in all the year round;
  • holiday sites for static caravans do not have this permission and generally close for certain periods of the year;
  • if you are buying a static home, therefore, it is important to recognise the restriction placed on its use as a residence;

The site

  • although it is possible to buy your static home first and then look around for a site on which to pitch it, this is likely to involve considerable expense in transporting your caravan to your chosen park;
  • many static homes, therefore, are bought – either new or second hand – already on site;
  • either way, one of the most important aspects to consider is the lease agreement with the park itself;
  • this sets out the terms and conditions on which the static home may be pitched on the site and the important question of how much rent you need to pay for the lease of the pitch;
  • this may also set out the length of the lease and may impose restrictions on the age of any holiday home occupying the site, together with the commission the park owners may charge on the sale of the static caravan;
  • importantly, the lease and management agreement may also stipulate the need for the owner of the caravan to hold appropriate static home insurance;

Insurance

  • the site owner’s concern is most likely to focus on your having sufficient public liability insurance to cover the risk of personal injury or damage to the property of other park residents, their visitors and members of the public;
  • this is important protection for you, too, of course, and you need to consider the wider aspects of insurance for the holiday home in which you have invested;
  • at the heart of this protection is likely to be cover for the caravan itself against such major perils as fire, flooding, impacts, storm damage and vandalism, together with cover for its contents against possible accidental damage and theft;
  • static home insurance differs from the building and contents insurance you may have for your principal place of residence and might be considered a niche product;
  • while your static home park owner may stipulate that you buy your caravan insurance through them, in most cases you are free to shop around and source your own cover. This could work out more cost-effective;
  • in this case, you might want to discuss your insurance needs with a specialist provider – such as those of us here at Cover4Caravans;

Security

  • you might want to bear in mind any insurer’s interest and concern in your playing your part to mitigate the risk of loss or damage to your static home;
  • the more you are able to demonstrate the efforts you have taken to maintain security, the better your chances of earning valuable discounts on the price of your insurance premiums;
  • in the case of a static home, particular attention might be paid to the security measures in place during those periods when your home is at its most vulnerable – when it is unoccupied for significant periods of time – and the overall level of security afforded by the park management;

Condition

  • it goes hardly without saying, of course, that you are also likely to be interested in knowing as much as possible about the condition of any static home you are interested in buying;
  • although there are a number of checks and inspections you may feel confident enough to do for yourself, the size of the investment you are making may warrant a survey by a specialist professional.

Many thousands of people have enjoyed the pleasure, fun and enjoyment of owning their own static home. By taking into account some of these tips and suggestions, it is something in which you may also be able to share.

Further reading: Guide to Static Caravans