Park Homes set for supply boost in 2025 as downsizer interest grows

Park Homes across England have seen a slight decline in availability this year, but new data from Regency Living indicates that 2025 could bring a welcome increase in stock.

Park Homes across England have seen a slight decline in availability this year, but new data from Regency Living indicates that 2025 could bring a welcome increase in stock.

The property specialist, which caters to the over-50s, found that the number of park homes available fell by 2.2 per cent in 2024, down to 5,455 units at the end of Q4.

Six out of nine English regions reported a drop in supply, with the North East witnessing the biggest reduction of 20.9 per cent. Even traditionally popular areas such as the South East and South West faced minor falls of 2.8 per cent and 0.7 per cent, respectively.

A spokesperson for Regency attributed the strong interest in park homes to factors such as no stamp duty requirements, relative affordability that removes the need for a mortgage, and substantially lower energy costs than traditional housing. There are also lifestyle perks, including a ready-made community and enhanced security, particularly valued by downsizers.

“Park homes have proved increasingly popular, which has resulted in lower availability and may cause some would-be purchasers to struggle to secure a plot,” the spokesperson said. “However, 2025 is expected to see more units come to market, thanks to newly launching park home sites across the country.”

Downsizing has grown in appeal amid rising mortgage rates and a prospective stamp duty increase set for April. Regency believes that the upcoming boost in supply will help meet the needs of retirees and others seeking cost-effective and community-focused living solutions.