Residential Park Trends: 2020

Wyldecrest Residential Parks has been at the forefront of providing a great choice & quality of housing specifically for the ageing population.

Residential Park homes are providing a viable housing option for those who want to maintain the independence and privacy that comes with having a home of their own, access to facilities close-by or onsite plus an in-built social community.

Throughout the 2020 coronavirus pandemic, life has been tough & there have been so many challenges for everyone. We realised quite early on that the older population was at an increased risk of being affected by this illness in the worst possible way & with the manic spread across so many care-homes, it raised many questions & fears regarding the safety of housing options.

2020 has been one of our busiest years ever. We have had so many residents moving into our residential developments across the country plus we have a large number of new residents looking to move in next year.

A significant number of people over the age of 65 would like to downsize into more suitable accommodation, yet they are unable to do so. People in this age range are generally living in 3-bedroomed homes (on an average) & these homes are surplus to their needs & actually difficult for them to maintain.

What we found was that many of our residents were actually able to find much more modern, easier to manage residential park bungalows in areas quite local to where they live. So they continued to be local to where they have always lived – they could sell their homes & release funds.

More than 72% of our residents are able to save a part of the funds released as savings. Also more than half of our residents were able to help their children start on the property ladder with a part of the money which was released.

Park Homes are 50% or less cheaper than a like-for-like bricks & mortar home. You end up with a manageable size home but you don’t lose independence. In fact, you become part of a community for life.

A common misconception is that park homes don’t have space. Actually, park homes are built knowing that people will have things to store & therefore they have clever in-built storage options. Plus we can do sheds on most of our parks which can help with additional storage.

So looking back at 2020, the trends in the choice of homes were quite similar to what we saw in 2019.

Our 3 most popular homes this year were :

1. Hazlewood
2. Newmarket
3. Charnwood

All these homes are very modern & semi-open plan which makes them appear even more bright & spacious. They boast of fully-fitted kitchens & modern bathrooms (you get a choice of shower/ bathtub) as well.

The most upcoming models this year which are getting increasingly popular are :

1. Elegance Special
2. Middleton
3. Regency

While the Elegance is a special park home created especially for Wyldecrest parks & boasts of a semi-open plan plus a separate utility room.

The Middleton & Regency are very traditional & stylish practical homes which have always been extremely popular.

Most Luxury model: These top of the range homes are for the most discerning of buyers which boast of a distinctive exterior complemented by luxurious interiors.

These homes need to be viewed to appreciate the value & lifestyle they offer. The top 3 luxury homes are :

1. Heritage
2. Delamere
3. Anniversary

We have around 81 residential developments across the UK & we plan to add more parks very soon. Many of our parks are also completely sold out & we are trying to expand to locations where there is no availability. If you are interested in a specific park/area please get in touch as we may have something coming very soon!

In terms of 2020, our most popular locations where people chose to move were :

1. Devon/Cornwall : GlenleighSt DominicBerrynarbor & Beechdown
2. Midlands : PenworthamGattingtonSaltmarshe Castle
3. Wales : WestoverWoodlandWillow & Willow Brook

Our range of Residential Park Homes start from just £99,995* depending upon location & model and we have a selection of both new and pre-owned park homes for sale and now available with unique and flexible finance options especially designed for Wyldecrest Parks customers.

We also offer a part-exchange service which takes the stress of selling away from you while you still receive the full market value for your property. Once you have chosen and reserved your park home, we make you an offer on your property and handle the sale. You never have to deal with any of the usual hassle associated with selling your home.

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