Our Top Tips for Retiring to a Park Home
Considering buying a park home? We know that it can be a huge lifestyle change and a really important decision for any retired or semi-retired buyer. Here, at Riverside Meadow, we have over 28 years of experience in what it takes to run a great residential park, so we’ve put together a list of top tips for for anyone looking to live in a park home full time.
Get involved with your fellow park owners
One of the amazing benefits of living in a park home is being surrounded be similar aged, like-minded people! Whilst privacy is respected, there will be plenty of chances to socialise and make new friends. You have the freedom to choose how you spend your own time, so make the most of it. Our advice to you is to get involved in the community spirit, organise social events and enjoy the company of your fellow residents.
Make the most of the peaceful environment
Buying a park home often means giving up the stresses of a busy city life and moving to a more relaxed, quieter area. Enjoy your senior years by taking in the beautiful, great outdoors. With an abundance of time on your hands, what greater way to spend it than strolling through the great British countryside, going on park walks and revelling in the peace and quiet. Here, at Riverside Meadows, we pride ourselves on our excellent location, on the banks of River Exe. If the stunning river views doesn’t satisfy you, we are just a stone’s throw away from gorgeous beaches at Exmouth and Sidmouth and the city of Exeter is only a short bus journey away!
Know your rights
It is important to know the legal rights you have under UK law in regards to your park home. There is a robust legal framework set in place that protects the rights of homeowners and residents who are living on licensed residential parks. The law provides homeowners with security of tenure and the right to ‘quiet enjoyment’ of their park home. You also have the right to sell or give away your property. Inheritance is also protected under the law and anyone will be able to carry on your agreement if they fit requirements. For more information regarding your rights when living in a park home full time, click here to visit the government website.
Consider your finances
Moving to a residential park home will mean downsizing for many buyers, hence freeing up equity from your property! Another amazing benefit of downsizing is that council tax will often be much lower than that of typical properties. It is up to you to decide how you arrange your finances to make the most of your retirement, but moving to a park home will certainly give you a lot of choice on how to spend your money! Also, consider that the cost of maintenance for your park home will be much lower than more conventional houses, just another perk of park home living!
Make the most of your retirement
Finally, and most importantly, remember to make the most of your retirement! This is the time of your life where you can just do you. What could be better than enjoying a stress-free life in the safety and security of a park home full time. With a residential park home property, life will be like being on a permanent holiday! So, make sure you live your later life to the fullest.
Riverside Meadow residential park prides itself on its newly-built, modern and comfortable homes. Choose from the Anthem, the Reprise, or the Sofia, each offering spacious and elegant waterside living. If park home living sounds perfect for you, give us a call on 01392 874771 or click here to find out more.