hbc finance

Okaaaaay…………….. so I am not a qualified financial advisor you need to go to someone else to get professional advice.
But I can tell you a story……..
Once upon a time there was a little old man with a long white beard, sitting under a tree and he said this…..
“The best money to buy a boat with is your money in the bank, or under the mattress!

Second best is to borrow the money from someone who loves you (maybe your parents?) and you agree to make the repayments.
Third best is to ask those people who love you to raise a mortgage or a second mortgage on their home and you agree to make the repayments.”
Fourth best is to borrow up to £25,000 from your own bank. -or Sainsbury’s – or Tesco’s, or whoever offers you the best deal.
You can usually apply online or by phone and get an immediate answer and , if successful, immediate funds will be transferred to your bank account.

At this point the little old man cleared his throat, stroked his beard and carried on

“Of course, if you already have a property rented out, or one you intended to sell, you might do best to get a second mortgage on that, renting it out and use the mortgage money for “home improvements” – buying a floating home!
If you have credit cards, or are willing to apply for them, it is possible to raise money by transferring balances from one to your bank. If you have a card that will only allow transfers to other cards, just use that one to transfer to the cards that do allow bank transfers”

“But” he continued “you need to read the small print in the offers carefully and calculate what the cost and monthly repayments will actually be. Some cards offer “0%” balance transfers, but might charge a 3% fee up front. The other way is to go for “marine finance” a “marine mortgage” or a loan with the boat as security!” sighed the old man “ I have to wonder about paying another layer of people in an office between me and the bank who actually lends the money. Especially since they sometimes charge a fee, sometimes a higher rate of interest and always want to know everything about my boat as well, which can make everything take so long. But there are times when Marine finance seems the best answer. You do sometimes need professional help to raise money and, of course that help will cost something.”

I hope you enjoyed this (purely fictional) story about the little old man.

For an Ecologically friendly company, prone to lend on MOORINGS and wooden buildings try http://www.ecology.co.uk/ If you are buying or selling your house, we can arrange very competetive conveyancing, This kind of service is provided FREE when you buy or sell a houseboat, (for the houseboat transaction only)

Get a Second Mortgage, Rent out your home and buy a HOUSEBOAT

YOU CAN SELL YOUR HOUSE HERE NOW OR GET A SECOND MORTGAGE AND LET YOUR HOUSE OUT TO FINANCE YOUR HOUSEBOAT!!
Just phone or visit The Houseboat Centre!
We will also find accomodation for you to rent while you build or complete your houseboat.
Just another excellent service from THE HOUSEBOAT CENTRE ~ Your One-Stop Shop, helping you to Change YOUR LIFE!

PRIVATE FINANCE

We are in touch with a number of Private individuals with substantial funds earning low interest. They are keen to hear of good Houseboat development projects and may be interested in helping you where all others fail. If you lack conventional "credit-worthiness", so long as the instant resale value of the boat exceeds the money borrowed. then it is worth a private investor's consideration. Obviously there will be some small extra interest to pay.
If you wish to make more money than normal investments, please contact us us to become a Private Investor.
Youcan choose to offer full marine or house finance, or a high yeild Bridging loan option. Alternatively you might consider these Flexible Investment Oportunities

MARINE-Specific MORTGAGES & Finance

I have found sound advice and help in the past from Collidge and Partners. I found that if I start with them and they can’t help, they will make good recommendations where to go next. Others lenders to check out are Mercantile Credit / Barclays Marine Finance Lombard Marine Finance However it has often been the case that a loan quote for a Residential cruiser, is a lot higher over the term of the loan than a quote (maybe from another lender) for a LEISURE cruising boat – so, as always, it pays to shop around.

The Houseboat Book

For years people have been making the journey to to see me here in Rochester for full question and answer interviews to learn about the best houseboat for them. Many suggested I put it all in a book. . . So I did.
Here it is!

The Houseboat Book

full of ideas and direct experience. The best gift you could give ~ or get ??

CLICK HERE to get your copy now.

YOU HAVE never lived on a Houseboat before? - Buy the book, read through it and then you can Call us and claim a FREE TELEPHONE INTERVIEW ~ Book the time, then I will call you on your landline for as long as it takes (could be 1 to 2 hours in some cases) ~'Everything you ever wanted to know about Houseboat living but did not dare to ask!' ~ That's right, YOU make an appointment and get a free interview discussing all the ins and outs of houseboat living.- Water, electricity, toilets, baths, moorings, planning permission, secure residential moorings, how to buy a boat. What about finance? How long does it take? Will the boat sink?.... or let the rain in? .. etc etc Call now if you are thinking of selling your house etc and moving on to a houseboat for the first time. We have in-house experts including one who claims to be a State-Registered Boat-Maniac (Tongue in cheek), to have lived on houseboats for over 35 years ~ made most of the mistakes and to be keen to help others avoid them. Thousands have made the journey to have this interview over the years and invariably reported it to be most useful and helpful, geared personally to YOUR own interests aims and circumstances. You can book your free , no-obligation, telephone interview now- . You can call any of us at The Houseboat Centre on 020 3287 2977 to make the appointment, or have a chat about the boats you like.