Future looks bright for park home industry

The future looks bright for the park home industry, as experts are predicting a seventh consecutive year of growth in 2017.

Strong end of year sales indicate strong demand for both residential park homes and UK holiday lodges moving into the new year.

Worrying affordability levels in the traditional property market are driving more enquiries to the park home sector as homeowners strive to cut their living costs, live mortgage-free and utilise the equity tied up in their traditional bricks and mortar property.

Interest in UK holiday lodges is, of course, being largely driven by growing global security concerns and a weak pound. The UK is experiencing a huge growth in the number of British people choosing to holiday closer to home, which is driving sales for both personal use and as holiday let investment opportunities.

Quick Move Properties’ sales director commented: “We’ve seen a healthy and steady increase in the number of customers looking to purchase a residential park home or UK holiday lodge moving into 2017. There are many factors at play that look set to create sustainable and long-term demand for the UK park home industry.

“Homeowners are becoming disheartened by a lack of affordable property in the traditional housing market, and a park homes are becoming an increasingly desirable yet affordable alternative to a traditional bricks and mortar property. Of course, UK holiday lodges are also proving incredibly popular as a personal purchase and as a great investment opportunity, with many sites offering guaranteed annual returns of over 8% – a figure that many traditional investments simply can’t compete with in the current financial climate.”

If you’d like more information on purchasing a residential park home or UK holiday lodge, Quick Move Properties range of services could help you find your perfect home. Contact the team today on: 01793 840917 or email: px@quickmoveproperties.co.uk

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