Park home money: three straight ways to invest in your purchase
If idea of residing on a peaceful, remote home for the country side among a residential district of like-minded neighbours that suits you, then you’re not alone. Over 250,000 people in the united kingdom made the choice to move to a playground residence and, while they are usually more affordable than standard homes (as all of our guide to park residence costs describes), it really is at this time a very popular technique people to free up equity to invest in their unique pension.
But, despite the reality playground properties tend to be fairly affordable, you will still want to think carefully exactly how you intend to pay for the acquisition rate. The whole process of getting a park house can be rather to various to buying a normal land, and there’sn’t the option to carry out a mortgage. However, you can find three biggest techniques you can finance the playground house purchase:
- Taking out a loan
- Purchasing straight-out (using benefit or releasing equity)
- Making use of a part-exchange design