Narrow Boat finance help

PasturesNew

Can we rewind to the bit about landlord/work.... I'd be interested to know more there.

Sounds like the landlord is annoying the tenant by carrying out work every weekend. Which is surely illegal... sounds like he's a big bad bully, bullying the little woman....

Running_Horse

bukup wrote: »

what a prat you are horsey......you knock everyones ideas.

You seem to think you can judge everyone.You sad Bast*ard

Arf arf.

Made a fool of yourself again while hijacking someone else's thread. As usual you have nothing intelligent to say. What a loser. To show you my pity, I'll even give you thanks for making everyone laugh. Oh, and abusive PMs are really cowardly.

Arf arf.

Running_Horse

Lotus-eater wrote: »

What about finding another flat to rent until you save up the extra money?
Otherwise you will just be putting yourself more in debt.

Have you ever lived on a boat? Its not for everyone, as Running Horse says, especially in winter. If you are paying 30k for a boat to live on, its going to be old and have associated problems.
I would go to a marina (or two) and talk to some of the people that live in NB's there, for a start they will tell you what its really like in winter and most of them will know whats going on with other boats around them, ie any not being used and could be rented out? They will also give an opinion on what can be bought for the money you have.

Tbh, although some people here will probably say its sexist, I don't think that many women would get on with living alone in a NB. Don't get me wrong, I know some do, I've met alot, but they are the exception.

My ex and her brother lived on boats for years, and as a result never made it onto the proper housing ladder, even when they could have afforded it. She would spend the summer keeping her bottom watertight (oooh errr). Its no life for when you get old, but a great Bohemian experience if you are young.

carpetbelly

Ahhh, this sort of topic makes me think about it... It's such a romantic notion living on a narrow boat. And have any of you looked into it? A lot of the ones which are a bit more kitted out have radiators around the place and a little fireplace to. So heating on ones kitted out properly isn't an issue.

Some are kitted out better than the house I just bought lol and a lot cheaper.

Shame the misses has a young one, otherwise we'd be looking into some sort of converted barge (more for the extra width/space) as it's something we both like the idea of. But a 4yr old and water? No thankyou

Lotus-eater

carpetbelly wrote: »

A lot of the ones which are a bit more kitted out have radiators around the place and a little fireplace to. So heating on ones kitted out properly isn't an issue.

No but affording them is

With what the OP had to spend she wouldn't get much.

cjdean

Running_Horse wrote: »

Get a grip.

Life on board can be harsh in midwinter when you are bailing out freezing cold water at 6am. Sorry, not sure about the finance. Search "Hoo" in Kent on Rightmove for what can be got cheap. Have known people who have gone down this route, and would never do it myself.

Try renting a boat first?

Sounds like someone has had a bad experience. Living on a boat is bliss. You get the coal stove burning in the middle of winter with snow outside, windows open to keep it cool and you can't get any cosier!! I'm moving from my 42 footer narrow beam onto a 50 foot widebeam in the next few months.

Advice on the finance would be to start off with a big as possible personal loan and get a smallish boat. Do the boat up, sell it on to make some profit and then get a bigger boat. I did it. Started with a 30 foot cruiser stern and now i'm looking at a £65,000 wide beam (It will take a few years mind!

ninky_2

i'm a boat owner (not for living on but for leisure). different sort to yours (sailing) but there are some cross over issues. in rented accommodation you have no maintenance costs and the landlord is responsible for repairs. on boats things wear out quicker and often go wrong. this can be costly - especially if you are not the handy sort. anything that is specially made for boats costs a premium as do specialists that do work on boats (you need specialist electrician for example for your wiring).

if you are the handy sort this is fine. you can read up on it, ask people etc and do stuff yourself. just ask a few people who've done it to give you are realistic idea of the costs and pitfalls. you might find some better help/advice on this forum for where there is a dedicated board for those who live on boats.

http://www.ybw.com/forums/forumdisplay.php?f=22

Limana68

Its the sort of thing I would have loved to have done if I was single or at least with no kids, but as one of the other posters said, maybe look at finding somewhere cheaper to rent,, get a second job and work your a** off and save for a deposit, meanwhile do some research about the boats etc maybe theres a internet site on line for owners not sure.

Good luck with it tho!:)

BitterAndTwisted

Crikey, this thread was tarted nearly three years ago so I think it's safe to assume that the OP may have made other arrangements by now. I hope they got that £10k debt paid off.

ETA: Apparently not. The OP appears to have taken a holiday in the Cap Verde islands in April 2008 and applied for bankruptcy in May 2009

Brb

Don't know about the finances as ex borrowed from his Mum. My ex husband lives on a NB and our daughter stays each weekend. Can't say it'd be a life for me but they both seem to love it.

Weather wise I think it's worse in summer - even with all the windows open it seems stuffy and hot! I offered him my air-con unit but obviously space is at a premium on a NB! (makes buying for him chrimble/b'day/father's day a bloody nightmare too lol). In winter he uses the log burner which is central in the boat, it does chuck out a hell of a lot of heat but is hard work to maintain. Although I will admit that it scares me to death when daughter goes in winter (slipping on icy wooden thingymajigs).

He's looking for a new marina though. Seems his is steadily getting worse (problems with electrics).

Didn't realise it was old thread B&T - oh well