Explain that youre thinking of renting the boat and ask them to confirm that it has the right kind of licence.

Canal boat mortgage uk. Our canal boat hire operators offer a range of holidays from each starting point. New and used models for sale. The repayment terms for a marine mortgage are likely to be less than that of a mortgage for a house with some lenders requiring the loan be repaid within 15 years.

Canal Narrow Beam Dutch Style Barge Narrowboat 57 Foot Narrow Boat Live Aboard - Loughborough Leicestershire. Owning a canal boat and travelling the inland waterways of Great Britain is one of the fastest ways to slow down. Youll usually be required to have your boat professionally surveyed to have an accurate valuation and youll need to make sure all required insurances are in place.

Owners will need a mooring unless they are willing to keep moving around. Typically canal boat finance is available for up to 75 of the cost of a new boat and 70 of the cost of a used boat. After this period their licence will be revoked if they continue to rent out their boat.

Your deposit canal boat mortgages are typically available at up to 75 of the boats value but if youve got a larger deposit youll normally find it easier and cheaper to secure a deal. Finance 10k - 2million. Yes you can live on a canal boat Living on a canal boat has now become a more popular option due to the increase in house prices.

Houseboat loans are a kind of marine mortgage which give applicants a chance to buy a brand new boat and make a life for themselves on the water. New and used models for sale. One week holidays provide seven nights away starting on a Friday or a Saturday.

Specifically constructed to explore the Rivers and Canals of Europe in. A 30 ft-long canal boat will cost about 20000 or 30000 for a 70 ft one. Short breaks are three-night weekends or four night mid-week holidays.