A Peek At Modern Narrowboat Design
It's essential that you do your research properly before buying a narrow boat. It's a large investment, and you should make sure you know what you are getting into and doing before you buy. Many are looking for an alternative lifestyle and living on a narrow boat is becoming more and more popular. With many couples not being able to get on the property ladder buying a narrow boat is a great solution for first-time buyers. It also gives people the opportunity of living in locations that perhaps they couldn't afford if they wanted to buy a bricks and mortar home. It also has to be said that living on a narrow boat isn't for everyone. It is a lifestyle choice and may not suit everyone. It is a good idea to take a narrow boat holiday before purchasing to give you a taste of what canal life is really like. But if you are sure that this is for you then follow these simple tips to help with the buying process. Using a brokerage company will help you in lots of ways. Firstly you will be able to visit a variety of boats all in one location.
You can use a marine mortgage company, sell your home, release equity in your property, apply for a bank loan or go to the bank of mum and dad! Knowing your finances are in place will put you in a strong position when putting in an offer. If you are buying a canal boat, you are going to need somewhere to keep her. Finding residential moorings is more difficult than finding non-residential moorings so take time to look into this before you buy. You may find that if you buy from a brokerage company that they will offer you moorings if the sale goes through. Make sure you get the boat surveyed before you buy it. A narrow boat survey is carried out just like a house has a survey during the buying process. The survey is designed to highlight any problems the boat may have. You may be in a position to renegotiate the offer if problems should be found at survey stage. Make sure you get all your paperwork in place this will include a license from the Canal and River Trust, boat insurance, mooring contracts and any additional documents that are related to the narrow boat.
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