Finance for a holiday rental
Finance for a holiday rental
Author
Discussion

colinrob

Original Poster:

1,199 posts

281 months

Sunday 1st January 2017
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Looking at buying a houseboat with a mooring, I will use my pension to buy the mooring (about £150,000) but I need to finance the boat have about £20,000 to put down but boat is between 100,000 to 110,000 it is rented out in the peak season for £1680 a week and off peak £900 a week and £1400 in warmer but not school holiday weeks
Does anyone know where I can get finance for this?

951TSE

600 posts

187 months

Monday 2nd January 2017
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The boat listing website apolloduck links this company, https://www.pegasusmarinefinance.co.uk/ no idea if it's any good or not. Seems to be a trading name for a vehicle finance company, might give you an idea of what's out there and what to look for.

Alternatively why not just look at the standard route to business finance such as your business bank or someone like this company? http://www.purecommercialfinance.co.uk/

gr1m reaper

146 posts

241 months

Monday 2nd January 2017
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Hi Collin

I have sent you a PM.