Sure Marine Finance is the UKs leading finance specialist for Inland Narrow Canal Boats.

Boat mortgage uk. Yacht finance calculator UK focuses on standard yacht mortgages where there is a loan issued for 5 7 years with a lump sum or balloon payment of around 25 of the original loan needing to be paid back upon maturity. 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. Finance 10k - 2million.

Societe GeneraleCGISGB is one of the largest marine finance companies in the world. Its important to do your research and ideally speak to a specialist broker who can help you find the right deal. Marine Mortgages are secured on the boat and typically last up to a maximum of 10 years.

Yes you can get a mortgage on a houseboat but it wont be with a traditional mortgage lender as they will be reluctant to lend on something that could sail off to not be seen again. Generally with marine mortgages a minimum customer deposit of 30 is required. Whether youre looking for yacht finance or funding for a narrow boat Pegasus Finance can quickly help you secure the funds for all types of water craft.

The idea of living on a canal boat can be much more appealing than living in a house. Promarine Finance is a lender providing marine mortgages to finance boats with loans. Well help you find or build the Cobalt Boat of your dreams call us today to get started.

With our marine mortgage calculator you can select how much youd like to borrow and how long youd like to repay your loan then once we have your credit rating well be able to calculate a. 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. A marine mortgage is a finance agreement whereby the security of the finance is held over the vessel.

This fee includes the MCA fees which could be subject to change by the MCA between the. Marine Mortgage Definition Marine mortgage means a mortgage which is registered in accordance with the Merchant Shipping Act 1993 and by virtue of which a boat but not any share thereof is made a security for a loan. So a marine mortgage is secured on the boat that it has financed in a similar way that a house is.