Marine Loan's are often used for buying smaller boats, refitting, or purchasing extra equipment and Marine Mortgages are more suited to purchasing boats with a value over GBP 3,000 and can normally be up to 70% of the total value of the boat.
So for example if you are looking to finance a boat with a valuation of GBP 30,000 then you could usually finance up to GBP 21,000 with a marine mortgage.
Our Ships Blog and Information Sheet are the perfect places to find the best deals around.
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