If, for whatever reason, your circumstances change and you need to sell your holiday home, there are various options open to you.
In all cases, the holiday home pitch must be returned to standard before it can be sold – so if you have a wooden decking this must be removed and disposed of, or if you have put down some blue chip for an extra driveway or space for a porch, the grounds work must be done for before money changes hands.
The three options are as follows:
Option 1: sell the unit privately
Option 2: sell the unit to a trader
Option 3: sell the unit to the Park
Option 1 allows you to capture the most value from your holiday home. You would sell the holiday home itself and the key is the accompanying holiday home licence i.e. the pitch on the holiday park. You might get several times the trade price of the holiday home by selling it on BCHP privately e.g. via Facebook Marketplace. Holiday parks take commission on private sales, as the majority of the value of the sale is in the park not the holiday home – in our case, this commission is 15% for caravans, and 8% for lodges.
Option 2 offers the second-most value, though you would lose a significant amount of value vs. a private sale on-pitch, as it is just the trade price of the caravan in terms of its nuts and bolts (no accompanying five-star holiday park facilities, amenities, attractions, services etc.). We have a roster of caravan traders we can ask to bid for the holiday home to help you get the best price (we do not take a commission in this case). The best price may well be above UK trade price (“book price”) due to traders having access to different markets (e.g. outside the UK).
Option 3 is an offer from the Park. If it is in our interest to buy it in, we would mutually agree a figure based on book price for the unit. The reason this figure is book price even though it is staying on the pitch is simple – you can’t sell our own holiday park back to us! Added to this figure would be any pitch fee rebate and an agreed sum for any desirable extras (e.g. uPVC decking) and whatever you have bought that you would leave in the unit (patio furniture, TVs etc.); from this would be subtracted any works needed to bring the unit and pitch back to standard (e.g. grounds works, boiler service, blown double-glazing etc.). The result is referred to as a “walk away” price. It might be slightly less or slightly more than the offer in Option 2; the advantage is that this is by far the fastest option.
