Property Owned As Tenants In Common
Law0 min ago
We are thinking about giving up caravan touring and perhaps going for a new static caravan on a good site. Our kids and their families could use it then.
Can anyone give us an idea of how the cost would break down per week taking into account the cost of the new van (say around �35,000) plus site fees, electricity, water and of course insurance. I have done a rough calculation of �165 per week for say 10 years. Don't know if 10 years is the usual term or not.
Then at the end of the 10 year period, unless the site fee was renewed, I would have a small sum of money to come back to me in the value of the second-hand caravan with no site. This is the basis I have used.
Know lots about touring caravans, nothing about sited vans. Any tips appreciated. Not looking to let it out. Thank you in advance.
No best answer has yet been selected by trish1234567. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.