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Canal boat mortgage. We offer finance for narrowboats barges and widebeam boats. Can I remortgage to fund the purchase of a canal boat. Luckily there are tax breaks on loan interest for boats that only need to meet a few specifications.

And for those looking to run a canal boat business a new boat could get some cash flowing in. Writing off your boat as a second home. Finance 10k - 2million.

My leisure mooring is 3500 pa so about the same as your 350month flat all inclusive and I have to pay gas electric on top 800 for the boat licence 200. Instead buyers must either pay in cash or take out an unsecured personal loan. Canal boats are narrowboats built to fit the UKs narrow locks on the nationwide canal transport systems and are typically around 6 feet 10 inches wide.

This simple loan calculator is designed to give an indication of the APR monthly repayments and total repayments you could expect to. Model mother-of-one 31 is living mortgage free in her dream family home after abandoning her 8000 rental property to buy a canal boat and refurbishing it herself for just 25000. Ad Luxury Cobalt Boats in Lake Geneva WI.

There are only three requirements to be able to write off the interest from your boat loan as a second home. New and used models for sale. Our team of friendly and knowledgeable marine mortgage experts understand the unique challenges associated with narrowboat finance and are committed to getting every customer out on the water as soon as possible.

Houseboat mortgage is the term given to a mortgage specially tailored to suit the purchase of a liveaboard floating home. Sure Marine Finance is the UKs leading finance specialist for Inland Narrow Canal Boats. Capital interest basis repayments will be c.