What happens if someone wishes to leave the partnership?
Many such relationships end in failure because parties have not considered fully their commitments and responsibilities. We strongly recommend that all joint ownership relationships are formalised with a document compiled by a legal professional. Depreciation Over the past 3 years we have receive a great deal of feedback from people who have purchased Static Caravan holiday homes. The majority of this feedback is very positive with many people enjoying long term lifestyle benefits. As with any capital purchase, such as a new car, if you make the wrong decision and wish to sell soon after purchase, depreciation becomes a major factor. Customers who buy a new, sited Static Caravan and choose to sell it quickly will be affected heavily by depreciation, and this is generally the source of any negative feedback we receive. Sited Static Caravans are very susceptible to depreciation in the early years of ownership as a Static Caravan is effectively sold as a package with the choice of pitch.