Ad Hall of Fame boat dealer with a full line of Cobalt Boats offering salesservice storage.

Boat mortgage uk. Offering 100 no deposit loans with rates from 59 APR let us help with your next dream purchase. The idea of living on a canal boat can be much more appealing than living in a house. The Lenders agent will register the Boat and the Mortgage and arrange the Tonnage Certificate required for registration of the Boat for a fixed fee to be advised by the Lender on the basis that the Boat is under 15 metres and is in the United Kingdom.

As part of the Beneteau Group SGB have an unrivalled level of experience in marine finance to enable us to offer you attractive affordable finance options to suit your specific circumstances and vessel. The minimum typical deposit required is 10. Freephone 0800 140 4609.

A marine mortgage can be taken up over 7 years with the option of a balloon payment at the end of the agreement to reduce the monthly repayments. You can borrow from Lombard Marine Finance for any period from one year to 14 years from 25000 to 600000 so a dream boat is not. You can see how much money you could borrow to fund the boat of your dreams.

The other type of loan is a lease which operates similar to car finance or hire purchase agreements. Promarine Finance is a lender providing marine mortgages to finance boats with loans. Marine Mortgages are secured on the boat and typically last up to a maximum of 10 years.

Societe GeneraleCGISGB is one of the largest marine finance companies in the world. So a marine mortgage is secured on the boat that it has financed in a similar way that a house is. Instead you will need to use a specialist marine finance company or raise a personal loan.

Exclusive rates from 460. A boat loan is an alternative way to secure finance to purchase a new boat. While its common to arrange boat finance straight from the seller you can also borrow from an independent lender giving you more flexibility when it comes to defining the terms of your borrowing but you should only borrow what you can afford to pay back.