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R1cho
02-05-2011, 21:33
I'm thinking of getting one of them static tin tent thingies, not just for the family but also to rent out throughout the year so was just wondering if anyone knew what sort of insurance i would have to have for it? i assume i would need some kind of public liability insurance but being new to this sort of thing am unsure.

extreme-4x4
02-05-2011, 21:37
i dont know much about the whole rent a static thing, but i do know of all the people i know that have them wish they didnt.
none have made it viable.


thats the best i can offer

R1cho
02-05-2011, 21:44
as long as it pays for itself to stay on site thats all i care about, not looking at making a proffit, more somewhere i can take the family on holiday without forking out stupid peak season prices

(RIP) PLANK
02-05-2011, 21:49
I think Briggie has more experience than most when it comes to static caravan ownership:thumb2

clivvy
02-05-2011, 21:51
yeah , Briggies your man, in fact, he's down at his static now i believe sorting it out for a booking.

extreme-4x4
02-05-2011, 21:54
thats the trouble they dont make it pay . basicly it works out your funding the site to rent your caravan out the one you just signed up 30 k for . you pay to buy it , maintain it and get to stay in the equivalent of a rental yourself.
all your risk and depreciation

solarman216
02-05-2011, 21:55
I have a static for sale if you are interested, but no site, and I think most sites will only allow vans that they sell, but if you could find a private site it could be worth it, Rick

R1cho
02-05-2011, 21:57
i would do the renting out myself, the site i have found has the option for them to rent it out for you or you rent it out yourself, they give the first years rent and water rates for free aswell and i wont be spending 30k lol

extreme-4x4
02-05-2011, 22:02
I have a static for sale if you are interested, but no site, and I think most sites will only allow vans that they sell, but if you could find a private site it could be worth it, Rick

hens teeth.... but they are out there, not cheep but fantastic investment. as your in control. i remember my dad nearly bought a plot on its own cliff top in cornwall.... to this day wishes he did

R1cho
02-05-2011, 22:07
this is the one i've been looking at

http://a7.sphotos.ak.fbcdn.net/hphotos-ak-snc6/224763_10150191366852649_793747648_6708351_1889243 _n.jpg

extreme-4x4
02-05-2011, 22:10
i would do the renting out myself, the site i have found has the option for them to rent it out for you or you rent it out yourself, they give the first years rent and water rates for free aswell and i wont be spending 30k lol
is it local ? cos unless your paying for cleaners someone has to sort it . travelling to sort it will cost you time and fuel minimum.

sorting bookings wont happen over night. the ones i know that do it themselves find it better than the site sorting it , but the workload is hard and costly , bookings are hard to get but the regulars are a bonus.

thinking about it and i know about 20 people with these things the only family that does make it work the wife sorts the caravan and the husband is self employed so holidays can be taken as and when , leaving the van free for peak times .

that is the biggest downfall . everyone wants it when holidays are on , even you. few want it when school is on

solarman216
02-05-2011, 22:14
letting it out may not be as easy as you think and do not forget in between each letting you have to go and clean it up, so if it is not close by this can become a big problem, and you will be stuck with site fees no matter what and when the day comes to sell it you will be governed by the site and some sites have rules about the max age of a van when it reaches that age you might as well give it away for what it will be worth, not trying to put you off, but just saying look into ALL aspects first, Rick

R1cho
02-05-2011, 22:18
letting it out may not be as easy as you think and do not forget in between each letting you have to go and clean it up, so if it is not close by this can become a big problem, and you will be stuck with site fees no matter what and when the day comes to sell it you will be governed by the site and some sites have rules about the max age of a van when it reaches that age you might as well give it away for what it will be worth, not trying to put you off, but just saying look into ALL aspects first, Rick

Already been looking into that, the place i will be siteing it doesn't have a max age on there, as long as the van is well maintained and looks good it can be there, as for cleaning etc its only a 2 hour drive from where i live so any repairs etc can be done by me and cleaning also

solarman216
02-05-2011, 22:59
Already been looking into that, the place i will be siteing it doesn't have a max age on there, as long as the van is well maintained and looks good it can be there, as for cleaning etc its only a 2 hour drive from where i live so any repairs etc can be done by me and cleaning also

OK wish you well, but 2 hour drive = 4 hours + the time on site, say another 4 hours= 8 hour total, if you have a series of weekly lettings?????? Rick

extreme-4x4
02-05-2011, 23:14
OK wish you well, but 2 hour drive = 4 hours + the time on site, say another 4 hours= 8 hour total, if you have a series of weekly lettings?????? Rick
miles, how many ? 4 hours sounds like 50 - 60 quid minimum . but yes 8 hours thats a days work in itself and if your not doing it , the person who is wont be doing it to fund someone else's holiday they will want paying . but then why should you do 8 hours work and spend your 60 quid so someone can come and mess up your holiday caravan .

you'd be far better off paying full whack renting someone else's one and put your feet up save your money . or tap briggie up for club discount :thumb2

another option is a tourer and leave it on a site with storage. they site it for your arrival any time you want to use it . you pay only for what you use , its yours exclusively and if you get bored or want a change find another site

R1cho
02-05-2011, 23:20
miles, how many ?

197 mile round trip

extreme-4x4
02-05-2011, 23:26
miles, how many ? 4 hours sounds like 50 - 60 quid minimum . but yes 8 hours thats a days work in itself and if your not doing it , the person who is wont be doing it to fund someone else's holiday they will want paying . but then why should you do 8 hours work and spend your 60 quid so someone can come and mess up your holiday caravan .

you'd be far better off paying full whack renting someone else's one and put your feet up save your money . or tap briggie up for club discount :thumb2

another option is a tourer and leave it on a site with storage. they site it for your arrival any time you want to use it . you pay only for what you use , its yours exclusively and if you get bored or want a change find another site


thats the only viable way and you could still rent it for close to the same money with far less outgoing if you really want the work . but id want exclusive

R1cho
02-05-2011, 23:35
so still no news on insurance then :lol

extreme-4x4
02-05-2011, 23:41
ask the site or ring your house insurance broker would be my first step .

but please look into the tourer option . the biggest plus for the tourer and they come big now , bloody big and plush .
its contract free
you can keep it on site storage till you want it sited so much less outgoing
you can move at the drop of a hat and any site will take you
much less depreciation and cost

your in control

briggie
03-05-2011, 00:24
a few bits of advice .......

owning a static is definately not cheap , its a bit like owning a car .... think of the most expensive thing that can go wrong ...... could you afford to fix it ?

also it doesnt end with site fees ...... you have rates to pay , electric./gas . water , and council tax .... yes you pay council tax !!! , albeit at a reduced rate as its a " holiday home " , if the site is open ( ie if your caravan is open to residence ) for 9 months or more then you become liable to 90% of council tax , if more than 10 months you are liable to full council tax , also most sites insist on a gas safety certificate , and insurance against all risks , ours is a 35 ft by 12 foot caravan and is subject to a higher rate than for example a 28 ft caravan ......site fees vary from £2000 upwards per season , but bear in mind the season isnt 12 months , so you have to recoup your expenditure in only 9 months ........ and can you trust the people who hire it not to wreck it ?

it can ( and does ) get very expensive owning a static , as ive found out recently

4wheel
03-05-2011, 08:39
We owned one for quite a few years and rented it out during the season.We then used it during the quiet times when the masses were working.
However.Whenever we did use it I spent most of my time doing repairs and cleaning up in general.If you rent it out you cannot leave anything there of value as someone will probably nick it or damage it in some way so very difficult for the good lady to give it a personal touch.We made enough to cover our costs but quite frankly it didn't take long for the novelty to wear off and it to become a chore to go down and sort it out.
We did have some very good times there though so it does have a plus side.To be honest though when we sold it I did not miss it for a moment.It's not like a normal rented property with one tenant but multiple tenants with multiple problems and you have to put up with them if you want to make it pay.:confused:

dan
14-05-2011, 14:43
Get a motorhome, better income, no running costs, and it pays for your holidays...and whats more, you don't have to go back to the same old site year after year!:thumb2

Thomas-the-Terrano2
14-05-2011, 15:53
my parents had a static in 70s into 80s, on a council site that forbid renting
though if discreet funny how siblings you find you have.

mind these were only close friends as said anything personal there will walk
if strangers.

a pal has one now uses privately though the haven site can rent it out for
you and also maintain it...its not particulary a diyer so just as well.

that said has had probs with friend rents, damage or not paying, probably
take advantage thinking well hes got a static must be loaded.

i dont like it the vans are in lines frankly now too big for their pitches, and
noise neighbours sound like they're in his van sometimes.

as said get a big tourer some beauties. see my pic below that was 6k 2 years
ago and luxery well pees on mom and dads old static, apart from space
as nice as pal's static. you've got the tug for one. another pal has his
on a storage site, where they pull it on to a pitch if you warn 'em.£200
for year stoarage, £40 for a weekend with pullout and hook up, plus
can go else where, join Caravan club. be cheaper all round, always
yours no plebs abusing it. absolute money pits afraid. wouldnt have
one given.

after all if becomes a rental, when youre in be just like renting too.

rustic
14-05-2011, 16:27
All the problems that you have raised can be solved easily:- :thumbs


Find a few friends to go part ownership, share all costs and agree on who gets what when etc.
Pay a set fee into an account at start of year then if any left over at the end share out in time for Christmas.

Last one out cleans it for next one in.
Keep a log of all issues and if one person is not pulling their weight they loose some of their contribution, etc. Simples.

For insurance purposes there could be a nominated person/manager.

This is done on boats a lot.

briggie
14-05-2011, 16:44
I'm thinking of getting one of them static tin tent thingies, not just for the family but also to rent out throughout the year so was just wondering if anyone knew what sort of insurance i would have to have for it? i assume i would need some kind of public liability insurance but being new to this sort of thing am unsure.

our site ( haven ) insist on insurance being arranged through them as part of the site rules , i would read the site rules VERY CAREFULLY before commiting to a particular site , the small print especially :eek: