In the event the concept of way of life to your a peaceful, remote property about country certainly a residential district away from particularly-oriented neighbors that suits you, then you’re not alone. More than 250,100 people in great britain make the decision to circulate to help you a playground home and you can, as they are less expensive than antique services (while the our help guide to playground house can cost you explains), its currently a very popular way for people to free up security to fund its old-age.

However,, whether or not park property include relatively reasonable, you can still have to think twice about you want to safeguards the price. The procedure of to buy a park home might be rather to different to to order a vintage possessions, and there isn’t the option to sign up for a mortgage. However, you’ll find about three head ways you can fund your own park home pick:

• Taking right out a loan
• To purchase outright (having fun with savings otherwise introducing equity)
• Playing with an associate-replace strategy

Park mortgage brokers

One of several trick differences when considering a playground home and you can a conventional house is that you can’t score a home loan towards a beneficial playground household.