swanson37
Member
Anyone ever tried to get a mortgage on a marina berth? Would it be possible or is this one of those things you have to stump up the cash for ???
Cheers
Si
Cheers
Si
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Mortgage Question...
- Thread starter swanson37
- Start date
bedouin
Well-Known Member
I doubt if you could get a mortgage because they don't have the same formal registration that you get with a house, or a part 1 registered boat.
If you are a home owner then it would be more cost effective to use the house as security (in effect increasing your mortgage). You could also get a personal loan but that tends to be more expensive
If you are a home owner then it would be more cost effective to use the house as security (in effect increasing your mortgage). You could also get a personal loan but that tends to be more expensive