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Leisure Marine Finance

Flexible finance for your leisure boat purchase

Buying a boat for leisure use

We have different types of marine finance solutions that can be used to buy a boat for leisure purposes. Both the size of the payments and the length of the agreement can be adjusted to suit your individual needs.

Security may be required.  Product fees may apply. Finance is only available to limited companies or LLPs.

Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.

Request a quote

Our team of Marine Finance specialists are here to guide you through the process. Whether you are buying a yacht for personal use or to charter, our experience in the sector means you are in good hands.

  • Our minimum loan is £100,000 for business agreements,
  • We do not lend against any residential vessels such as Canal boats and wide beam boats.

Variable rate marine mortgages

With our flexible, variable-rate marine mortgages, you can make capital repayments at any time without being charged an early repayment fee.

Security is required over the vessel.

Balloon repayment

A balloon repayment is a lump sum payable in the last month of the agreement. The size of balloon payment may change depending on your interest rate fluctuations. However, choosing this option may lower your fixed monthly repayments.

Finance option

Use a ‘chattel’ - boats and other assets as security for a loan, once the loan is repaid the mortgage is removed.

Helpful information

Marine finance FAQ's

If you're considering using marine finance, chances are you'll have some questions. Browse our FAQs to read about some of the most popular topics.

Guides for buying new and used boats

Read our step by step guide to buying a new or pre-owned boat including useful links for surveys.

Get in touch

We can discuss finance solutions and answer any questions you might have.