When an owner of a park home on a protected site sells their home, they are required to pay commission on the sale to the site owner. The maximum rate of commission is prescribed by the law and is currently set at 10% of the sale price.
For instance, if a park homeowner sells their park home for £200,000, they will receive only £180,000 from the buyer, who must pay the £20,000 balance to the site owner.
