Park Home Finance

There are three main providers of park home finance in the UK and they can generally offer finance for new and used park homes of between £25,000 and £150,000, up to a maximum of 75-80% of the value of the home. The actual amount you can borrow depends on your credit rating and may vary between providers. It will be difficult to find financing for homes valued at less than £75,000. As with a regular mortgage, borrowers can choose between an interest-only loan or a repayment loan.

 

  • Park Home Assist Insurance Services
  • 7 Tudor Court
  • Wootton Hope Drive
  • Wootton
  • Northampton
  • NN4 6FF
  • 0845 402 3414 0845 402 0631
  • www.parkhomeassist.co.uk
  • RoyScot Larch Ltd:
  • 4 Bradfield Court Milton Road
  • Drayton
  • Abingdon
  • Oxfordshire
  • OX14 4EF
  • Phone: 01235 438280
  • Fax 01235 438281
  • Email: contact@royscotlarch.co.uk

The maximum loan amount is 80% of the cost of the home, Maximum loan periods of up to 25 years, Fixed or variable interest rates, typical10.2% APR, Minimum loan amount £5,000 Park Home Finance Manager is Mike Clarke

  • Capital Bank
  • Phone 0845 603 8816
  • www.park-home-finance.co.uk

 

We recommend that you obtain quotations from at least two companies and compare the quotations carefully before making a decision to raise finance on a park home.