So
you've found your boat, perhaps it's a new one, a sailaway or a second-hand
boat (which you've had surveyed) - what are the options for financing
canal boats, is finance available, and can I finance my
liveaboard with a marine mortgage.
The answer to all these questions is yes, and if you would like a marine mortgage quote then please just complete the simple form below and we will come back to you very quickly with some outline figures which will give you a budget to work with for your financing, and then put you in touch with a specialist lender. Lenders are able to finance both narrowboats and Dutch barges, and for either leisure use or as a liveaboard, although the terms do vary slightly so we have included a separate form for each. We do not charge for our services so there are no fees whatsoever.
If you would like a quote for a liveaboard marine mortgage, please just complete the simple form below and then press the submit button. As soon as we receive your enquiry we will acknowledge it personally and comeback to you as quickly as possible with some figures based on the details provided. Please note that the minimum boat we can finance as a live aboard boat are those in excess of £43,000, as this allows the lender to provide the minimum loan of £30,000, with a 30% deposit downpayment.
Now if you are buying your canal boat for leisure use only, then please complete the following form. The only difference is in the minimum deposit allowed which for leisure use is 20%, as opposed to 30% for liveaboard use.
If you are using your canal boat, purely for leisure use, then please complete the following form and we will get back to you as quickly as possible with a quote. Please note that the minimum value of boat we can finance for leisure use is £32,000, as this allows the lender to provide the minimum loan of £25,000 for leisure use, along with a 20% deposit down payment.
OK, that's about it on canal boats - I hope you have found this site to be both useful and informative and may I wish you every success and many years of happy use from whatever canal boats you eventually buy.
Marinablu International Ltd is an Introducer Appointed Representative of Pantaenius UK Ltd who are authorised and regulated by the Financial Services Authority (FSA) - canal boats