AIBU to give up on the ridiculous housing market and live in a holiday home?

[SilverDoe]

Genuine question, does anyone have experience of living in a mobile/holiday home?

I'm so fed up of the dreary prospect of trying to own a home, and renting in the South East is such a horrible game too. The whole thing depresses me. I have 2 young kids and have seen a beautiful holiday park near where I live that sell static caravans for around £30k.

Is it ridiculous to spend all my time planning to live in one of these instead? Is there something I am missing which means it's not possible?

TIA :)

Yeah, they're generally not a good idea. You need to look for a residential park home, not a holiday park home. Most sites have rules on the age of the home, ie if you bought a secondhand home that was 8 years old, you might have to buy a new one in 2 or 7 years time, if the restriction is homes must be no older than 10 or 15 years.
They depreciate too, and you'd need one with good insulation, or you'll be spending a fortune on fuel bills and still feeling cold.

Then there's the ground rent increases, plus rules like if you decide to sell up, you have to give the owner of the site first refusal, or if any maintenance needs to be done, you have to use their (expensive) contractors.

If you're not planning on quitting your job, you need to stay within a commutable distance, meaning your options will be very limited.

Thanks all and thank you Grilledaubergines :)

Back to the drawing board!!

They don’t open during Christmas and you have to pay groureng and the could be 5-10k a year

You could buy a house in the Medway area of Kent for £100k. Not really a nice area but is good for commuting to London for work.

Shared ownership mortgages aren't really hard to get. The opposite I'd say tbh!
Things to consider if you buy a caravan:

1. Most parks shut at least one month of the year
2. Ground rent varies wildly, some include utilities and some don't so I'd check that
3. Some parks have limits on how old your caravan can be so you might be forced to either pay to move your caravan or buy a new one
4. I have no idea what people do about a postal address butassume there's a simple solution
5. Caravans only depreciate, you'll never make your money back. They also aren't mortgageable so you'll be whacked with a hefty loan instead probably with a higher interest rate and shorter term. Coupled with the ground rent your outgoings could be pretty high