How a marine mortgage can help you

Buying the boat of your dreams can be an easy affair if all the paperwork is in order and you have the cash ready to go. Most of us are unlikely to have that sort of cash lying around, of course, which is why a marine mortgage is usually the perfect solution that helps you fulfil the dream of owning a boat.

Whether it’s a sail away, brand new narrowboat or a second-hand widebeam barge, Promarine Finance can provide you with a marine mortgage to suit your circumstances, and can also provide knowledge and support all the way through the process.

The Benefits of Buying a Boat

In comparison to ordinary land-based homes, live aboard and house boats represent a viable and affordable alternative for anyone interested in a different way of living. Even if you intend to live on land for most of the time, houseboats such as widebeams, narrowboats and barges make ideal holiday vessels to get away from it all for several weeks or even months of the year.

The technology and craft of modern houseboats has improved greatly over the years, with the various types of boat offering plenty of luxury to enjoy. Perhaps the best thing about them though is the fact you can travel up and down the country via the various canal routes. With Britain having about 2,000 miles of canal networks to explore, visiting new places around the country will be an easy and relaxing adventure.

Buying a Boat with Marine Finance

If you’re reading articles about  inland boats, then it’s likely that your interest has already been piqued by the idea of owning one. Regardless of where your interest level has reached, one big issue that stands out is how to finance such a purchase.

Straight-up cash offers are rare amongst non-multi-millionaire folks so that’s where marine mortgages come into play. There are several marine finance solutions for different circumstances, with different options available for the likes of inland boats and sea-going vessels. Promarine Finance do not make a distinction between whether or not you intend to live on the boat or whether it is just for recreation.

Why a Marine Mortgage is the Best Option

For anybody looking into buying a boat, there are so many questions that need to be answered. By using a marine mortgage specialist like Promarine Finance, you will have constant access to boat-buying expertise every step of the way.

If you are buying through a reputable boat broker they will assist you with issues such as the insurance, licensing and the requisite maintenance needed to keep your boat running smoothly, as well as functional issues such as mooring.

Check out our amazing narrowboat testimonial here or read our blog The Rise of Narrowboat living.

To explore your options for buying a boat, contact Promarine Finance who can talk you through the process and arrange a quick chat to discuss the marine mortgage options available to you.