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.
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Leisure Marine Finance
Flexible finance for your leisure boat purchase
Representative 5.5% APR variable
Credit is subject to underwriting and the APR applicable to an agreement you enter with us will be based on our underwriting, the duration of the agreement and other features. Over 18s only.
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.
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 £25,000 for private individuals,
- Our minimum loan is £250,000 for business agreements,
- We do not lend against any residential vessels such as Canal boats and wide beam boats.
Finance option
Use a ‘chattel’ - boats and other assets as security for a loan, once the loan is repaid the mortgage is removed.
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
A balanced payment plan fixes your monthly repayments for the agreement's duration. However, if there are changes in the base rate, the mortgage period will vary.