Equity Release for Park Homes: What You Need to Know (2026)
Park homes are a popular retirement option, but they present significant challenges for equity release. Here's why most providers decline them and what alternatives you have.
Generally no — park homes are not eligible for equity release. They are typically not freehold, may not meet minimum value requirements, and often have age restrictions on resale. However, alternatives exist, including selling the park home, personal loans, or equity release on a different property you own.
Contents
Why park homes are declined
Most equity release providers will not accept park homes for several fundamental reasons:
| Issue | Why It Matters |
|---|---|
| Not freehold | You own the home but lease the land from the park owner. Lenders require freehold or long leasehold security. |
| Minimum value | Most park homes are worth £50,000–£150,000, below the £70,000–£100,000 minimum most lenders require. |
| Age restrictions | Many parks have age restrictions (e.g., over 50s only) that limit the resale market. |
| Site licence | The park owner holds the site licence and can set rules that affect the property's value and saleability. |
| Mobile home classification | Park homes are often classified as mobile homes, not real property, which complicates legal security. |
| Depreciation | Park homes typically depreciate over time, unlike conventional bricks-and-mortar properties. |
These issues are structural and apply to almost all park homes. They are not specific to any particular park or home.
Rare exceptions
There are very limited circumstances where a park home might be considered for equity release:
- Freehold park homes: In rare cases, a park home may be on freehold land. This removes one of the main barriers, but the minimum value and classification issues may still apply.
- Very high-value park homes: Some luxury park homes in prime locations can exceed £200,000. A few specialist providers might consider these, but they are the exception.
- Part of a mixed portfolio: If you own a park home and a conventional property, you can release equity from the conventional property while keeping the park home.
Even in these exceptions, most mainstream providers will decline. You would need to seek a specialist, whole-of-market adviser who can access niche providers.
Alternatives for park home owners
If you cannot get equity release on your park home, consider these alternatives:
| Alternative | How It Works | Best For |
|---|---|---|
| Sell the park home | Sell and move to a conventional property | Those willing to relocate; significant equity in the park home |
| Downsize within the park | Sell and buy a cheaper park home, pocketing the difference | Those who want to stay in park home living |
| Personal loan | Unsecured loan based on income/credit | Smaller amounts (£5,000–£25,000); good credit |
| Equity release on another property | If you own a conventional property, release equity from that | Those with multiple properties |
| Pension lump sum | Withdraw a tax-free lump sum from your pension | Those with defined contribution pensions aged 55+ |
| Family loan | Borrow from family members | Those with supportive family; informal arrangement |
Selling your park home
Selling a park home is different from selling a conventional property:
- Site owner has rights: The park owner may have the right of first refusal or may charge a commission on the sale (typically 10%).
- Market is limited: The buyer must meet the park's age and other criteria. This can limit the pool of potential buyers.
- Depreciation: Park homes typically depreciate, so you may receive less than you paid.
- No stamp duty: Park homes are not subject to stamp duty, which is a benefit for buyers.
If you are considering selling your park home to release equity, speak to the park owner first to understand their terms and any restrictions.
Check if your property qualifies
If you also own a conventional property, find out if it's eligible for equity release.
People Also Ask
Very few, if any. Most mainstream providers explicitly exclude park homes. A whole-of-market adviser might find a niche provider, but this is rare.
Possibly, but the minimum value and mobile home classification may still be barriers. You would need to speak to a specialist adviser.
Holiday park homes are even less likely to qualify. They are not primary residences, and holiday parks have additional restrictions.
Yes, if you need a smaller amount (£5,000–£25,000) and have the income to support repayments. Personal loans are unsecured, so your home is not at risk.
This is a viable strategy for some. The key question is whether the costs of moving (selling the park home, buying a new property, stamp duty, legal fees) are justified by the amount of equity you can release.
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Reviewed by Chris, CII-qualified equity release specialist · Last reviewed July 2026