Selling an inherited park home?
When dealing with the estate of a loved one, the responsibility of managing their assets often includes handling property, such as a park home. If you’ve been appointed as an executor of a will, navigating the legal and practical steps required to sell an inherited park home can seem complex.
This guide provides essential information to help you through the process before selling it on the open market.
Understanding Park Homes and Probate
A park home, also known as a mobile home, is a residential property located on a private park and subject to a site agreement with the park owner. Although park homes are not classified as freehold property (like traditional brick-and-mortar houses), they are valuable assets that must be included in the probate process.
Probate is the legal procedure required to manage and distribute a deceased person’s estate. If you are named as the executor, you will need to apply for a Grant of Probate to gain the legal authority to deal with the park home and other assets.
Key Steps for Selling a Park Home as Part of Probate
- Obtain the Grant of Probate
Before you can sell the park home, you must apply for a Grant of Probate (or Letters of Administration if there is no will). This legal document allows you to manage the deceased’s assets, including transferring or selling the park home.
- Notify the Park Owner
It’s essential to inform the park owner of the owner’s passing and your intention to sell the park home. The park owner may have specific requirements or procedures you need to follow.
- Determine the Market Value
Getting a professional valuation from a specialist park home estate agent like Quickmove Properties is important to determine the asking price of the home and ensure the estate is accurately assessed for inheritance tax purposes.
- Prepare the Park Home for Sale
Consider making necessary repairs and cleaning the park home to enhance its appeal. Ensure you have the appropriate paperwork, including the site agreement and proof of ownership.
- Market the Park Home
Selling a park home requires specialised knowledge of the market. This is where Quickmove Properties can assist. We specialize in selling park homes and have a network of potential buyers seeking this type of property.
If a quick park home sale is needed, a competitive selling price should be considered.
‘No Sale No Fee’ Service
Watch our short video below for what to expect when using our Park Home Estate Agency service.
Unlike other specialist park home estate agents, you pay nothing up front and you won’t lose out if a sale falls through!
Choose the UK’s leading park home specialist
Quickmove has more park homes for sale than any other specialist website, estate agent or portal.
We professionally value your property, arrange viewings, negotiate with buyers and create engaging listings, including photos and floorplans. We offer a comprehensive marketing and portal listing package to ensure prospective buyers see your home across multiple channels.
Our knowledgable, experienced team ensures all technical paperwork is correctly submitted for a smooth transaction when a buyer is found.
How do we market your park home?
Our park home resales package includes a range of proven channels, all designed to find the right buyer and minimise the stress and uncertainty of attempting a private sale.
- High quality listing including photography and virtual tour on Rightmove (Click here to see our Recently Sold homes on Rightmove)
- OnTheMarket
- Sell My Group
- Quickmove website and Email marketing
- Quickmove Pre-owned Park Homes brochure
- Social media
- Optional FOR SALE board and window posters
With no up-front fees to pay, vendors gain immediate access to our industry-leading database of registered buyers across the UK who will receive a property alert as soon as the property is listed.
FREE GUIDE TO SELLING A PARK HOME
Call us on 01793 840917 or Request a call back
How we compare to a local Estate Agent
Happy Customer Feedback
“I can recommend Quickmove to sell your Park Home.
They are experts in the field and highly professional to deal with from start to finish”
Mr Morrison, Resale Customer
How much does this service cost?
After agreeing on the selling price, a sales agreement will outline everyone’s obligations, including our agents’ fee that is payable only on successful completion of the sale of your park home.
Once your home is sold, current legislation requires 10% of the sale price to be paid to the site owner.
The process of selling a park home with Quickmove
REQUEST A PARK HOME VALUATION
Common Questions About Selling a Park Home as part of Probate
Do I need probate to sell a park home?
Yes, a Grant of Probate is required to sell the park home unless it is jointly owned, in which case it may pass directly to the surviving owner.
What documents do I need to sell a park home?
You will need the Grant of Probate, site agreement, proof of ownership, and any maintenance or service records.
There are a small number of forms to complete when selling a park home such as a Buyer’s Information form and Notice of proposed sale form. The process is more streamlined than selling a brick and mortar property. For example, park homes do not need an energy performance certificate (EPC).
Do I need the site owner’s permission to sell a park home?
No, you don’t need the site owner’s permission to sell a park home or tell them you are planning to sell. However, we recommed you inform them to ensure a smoother sale.
How much is my park home worth?
A valuation will depend on the location and condition of the park home. At Quickmove we provide our valuations by comparing it to the prices of park homes sold in similar locations within a period of time. We aim to be fair and accurate with our valuations.
How easy is it to sell a park home as part of probate?
Selling a park home as part of probate doesn’t have to be overwhelming. By following the necessary legal steps and partnering with a specialist estate agent like Quickmove Properties, you can ensure a smooth and efficient sale.
If you need assistance with selling a park home for probate, contact Quickmove Properties today for expert advice and support.
Who pays the commission on the sale of a park home?
When a park home owner sells their home, the law requires them to pay a commission on the sale to the site owner. The maximum rate of commission is currently set at 10% of the sale price.
For example, if an owner sells their park home for £200,000, they will receive only £180,000 from the buyer, who must pay the £20,000 balance to the site owner.
Do you need a solicitor to sell a park home?
No, there is no legal requirement to use a solicitor when selling a park home.
Who can I sell a park home to?
You can sell a park home to anyone who meets a park’s requirement. These conditions will be laid out in the park’s site rules.
Can Quickmove Properties help with probate-related questions?
While we are not legal professionals, we can guide you through the property sale process and recommend trusted probate legal specialists if needed.
