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Marine Finance

A number of companies offer marine mortgages or finance and they typically lend up to 80% of the value of the vessel, subject to affordability and a minimum of £25,001.  The loan is usually secured on the boat for a term of around 10 to 15 years. 

An independent survey and valuation, adequate insurance and British Registration are compulsory and boats can usually be chartered out by prior agreement as long as the charter income is not essential to finance the purchase.


Marine Finance Companies

Barclays Marine Finance 
www.barclays.co.uk/marinefinance
Marine finance

Close Marine Finance 
www.closemarine.com
Finance for British registered leisure vessels

Collidge and Partners 
www.collidgeandpartners.co.uk

Marine finance and insurance agents for inland waterways

HSBC 
www.hsbc.co.uk
Marine mortgages

Lombard Marine Finance 
www.lombardmarine.co.uk

Marine finance

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