Buying a narrow boat for most of us is not something that
can be achieved overnight, as there are a few aspects that need to be considered
and arranged before a purchase can be made. For some of us buying a narrow boat is something that
may be for now just a dream, something to look forward to in the future, but
there’s no harm in looking at the best ways to achieve a narrow boat purchase.
Our top tips if you want to buy a narrow boat:
If you haven’t got the funds in your bank, then
some planning towards funding your purchase will need to take place. There are
plenty of finance options available depending on your circumstances. Consider
approaching a boating mortgage company to finance the boat if you don't have
Once you have either the savings or a mortgage in
place, make sure you don’t over spend on the boats purchase, as there are other
costs involved when you buy a narrow boat.
Have a budget in place
before you start looking for a boat and stick to this price, being realistic
about how much you have to spend will help during the search for your new
vessel and keep you from wasting time looking at boats that you can't afford.
It’s also worth mentioning that buying a narrowboat can
be time consuming, and it may be that you don’t find what you are after to begin
with, so don’t expect to be moving on board and cruising straight away.
Time is arguably our most valuable commodity, and it goes
by quickly. Use whatever time you have to plan and save for your new narrow
boat. Make a “To Do List” which may include the following amongst other things :
- Get insurance companies details ready for quotations
- Look into narrow boat licenses
- Learn what costs are involved in owning a narrow boat
- Address your finances
- Look at boat styles, lengths and sterns in more detail
- Create a wish list of the boats requirements
- Search mooring options
and Use A Brokerage Company
One way of achieving your dream of owning a narrow boat
quickly is to use a good brokerage company. A brokerage company will already
have a large collection of different boats of different styles and prices in
one central location, allowing you to view and compare many boats without traveling all over the network.
The sales team will also be able to handle the
sales process from start to finish which will speed up the process.
Register your interest with the brokerage company so that they
can contact you when boats meeting your requirements arrive at the marina.
Having patience is a quality that will help you handle
the whole buying process from start to finish. Buying a narrow boat is a big
investment and shouldn’t be taken lightly or rushed. For various reasons the
purchase process is going to take some time. Finances may need to be found, a
house may need to be sold, retirement may need to be taken before a suitable boat can be found. So as you can see having patience is a good trait to have when buying a narrow boat!
Clever and Hire
It’s always a good idea to hire a narrow boat before
buying one. If you are in the process of sorting out finances or waiting for
your retirement, then going on a few canal boat holidays during this time is a great way
of enjoying some time on the water. During these holidays you will be able to
try out different boats and also cruise different sections of the system, which
will help you decide on boat types and areas you want cruise or moor at when you come to buy that boat.
Focused and Never Give Up
We have helped 1000's of customers fulfill their dreams of
owning a narrow boat, and you too can soon be cruising the network in your new
narrow boat. Just keep focused and stay positive. If you want any help or advice
then please feel free to visit us at our purpose built marina at Venetian Marina.
We are open 7 days a week and no appointment is necessary.