Mortgage for a boat

So i own a house but after the last year getting fed up with it any one know how easy it is to just sell your house and move and by one how would you get a mortgage if needed and could anyone recommend one if did got a solicitor using same one as did GD Property Solicitors for the sale just need some advice on the getting 

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  • molerat
    molerat Posts: 31,571
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    Can I get a mortgage to buy a houseboat?

    Yes, but not with a conventional mortgage. Traditional mortgage providers won’t lend on floating homes because they can’t be registered with the Land Registry and the owner could, quite literally, just sail off into the sunset with their investment. Instead, you’ll need a marine mortgage, available only through a specialist marine finance company or marine broker. Marine loans typically have shorter repayment terms at around 10 years, require a larger deposit – generally 30% – and have considerably higher interest rates (between 5.9% and 10.4%) than bricks and mortar mortgages.





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