5 amazing tips that you need to consider before you purchase residential boats


It is indeed an alluring aspect to be living in a home that floats on water primarily. However, such residential boats have many things that are to be kept in consideration before buying them as purchasing a boat as a house is completely different from the way you select a home on land. Read this blog to find out the top 5 essential tips for purchasing residential boats-

  1. ·         You need to opt for a loan so that you do not need to shed out a lot of money for the same. Keep in mind that interest and mortgage rates are different for house boast than houses on land. From banks, the loan is granted as loan for Recreational vehicle.
  2. ·         Before you finalise on the purchase, make sure that you get a marine survey done so as to know about the quality of the boast and also to get an idea of the value of the boat in real terms. 
  3. ·         Be prepared to pay for dock rental fees and also sales tax for the purchase of the boat. Separate money for the boat moorings also needs to be kept hanmdy as you will need it to park the boat.
  4. ·         Only consider purchasing such a boat if you really enjoy it. Do not buy it as a part of an impulse purchase. Make sure that you get hold of all the norms that are associated with the international water and the various rules that are imposed by the states on the water bodies.
  5. ·         Make sure that you show the houseboat on the tax returns, with this you can get tax breaks for sure and save up on the money!


If you are looking to get such boats in London then search the internet and you shall find many such marine brokerage services that you can select to get the work done. Always make sure that you select the one that has reputation in the business so as to make sure that you get the best mooring and houseboats are of a certain quality.
  

Location: London, UK

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