What do static caravan site fees include?

A static caravan site fee, or pitch fee as we usually refer to it, is the amount you pay to keep your holiday home at the park for the year. It includes the cost of making water and electricity available to your holiday home and winter storage for parks that don’t have a 12-month season.

Is buying a static caravan a good investment?

Owning a static caravan is not only a great financial investment but a brilliant lifestyle investment too, as it can have a hugely positive effect on your mental well-being. And it can’t be denied that there’s no bigger and better investment than your health and well-being.

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

Here are 20 questions to ask before buying a static caravan:

• Is 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?

Do you need a solicitor to buy a static caravan?

You should consult a solicitor or financial advisor if you have any concerns. Doing this will help buying a static caravan more simple. Equally, if finance is your chosen option, you can also apply for finance with Pegasus Finance here.

Do you pay council tax on a static caravan?

Do I have to pay council tax on a holiday home or static caravan at a park? The answer: NO. 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.

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 so hugely over simplified that it is barely worth mentioning. This is because newer caravans depreciate more quickly – much more quickly, in fact – than their older counterparts.

Do I need TV Licence for 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 BBC iPlayer at your main licensed address. the caravan or mobile home is your main residence.

What is the lifespan of a static caravan?

10 – 20 years
Most 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.

What are the pitfalls of owning a static caravan?

1. Not considering all of the associated costs

• Commissioning costs (connecting water, electricity, gas)
• Ongoing utility costs.
• Monthly pitch fees (holiday parks)
• Gas and boiler maintenance.
• Rust protection and maintenance.

What questions should you ask when buying a static caravan?

35 Questions to ask when you buy a Static Caravan

• Once I’ve purchased my static caravan are there any additional costs?
• Is the Caravan Holiday Park open all year round?
• Can I live in my static caravan?
• How long can I keep my static caravan on the pitch?
• Is the Caravan Holiday Park child-friendly?

What questions do I need to ask when buying a static caravan?

What are the pros and cons of buying a static caravan?

Table of Contents

• Pros to owning a static caravan. You feel like you’re on holiday. You leave your life admin at home. Being able to leave your belongings in your caravan makes weekends away so easy.
• Cons to owning a static caravan. The price. Rentals can have downfalls. Each weekend away can be expensive.

Is it worth buying a brand new Static Caravan?

Brand new statics cost a premium and will reduce in value once you’ve purchased them – similar to buying a new build property. With used statics, you can get the same quality for less and reinvest the savings into improvements, siting or ongoing costs.

Is it cheaper to rent or own a caravan?

It’s unlikely that you will make a profit from renting out your caravan but it can help offset the costs of owning your own static caravan. Given the costs involved unless you are going to use your caravan a lot it’s probably cheaper to rent a static caravan for your holidays. Please regard these costs as indicative and a rough estimate.

What’s the depreciation rate on a static caravan?

static caravans depreciate at 15% per year, about the same rate as a car. Newer caravans also lose their value far quicker than older models. Thankfully, buying second-hand allows you to avoid the steep decline in depreciation during those first few years.

How much does it cost to sit a caravan?

The cost of siting a caravan is the price of moving it from where the lorry can unload it to exactly where you would like it (usually using a custom modified 4X4). Once in position the caravan is raised off the ground on stands and checked to be level. Once level, the static must be connected.