part one registration

[siencyn]

I don't know if this has been aired before but I have just bought a boat that is part one registered. I was not aware of this at the time and now in order to record the change of ownership, I find I have to get MCA bill of sale off the vendor as they will not accept the RYA one I haveand its going to cost 35 squids! My question is whats the point of Part one for a leisure sailor like me? Are there any advantages over SSR. Its a little academic as I have to have the MCA bill of sale to change to the SSR. However that would be a cheaper option. Any advice for you guys, who amazingly seem to know everything there is to know about sailing.

Thanks
Rich

 

[Emjaytoo]

My understanding, and my boat is Part 1 Registered, is that amongst other things Part 1 Registration is proof of ownership, Part3 SSR is not. We had our boat registered because Lombard insisted before they would let us take her out of UK Waters on a permanent basis - she lives permanently in The Netherlands

 

[Searush]

I don't know if it is still the case but they used to say you couldn't get a marine mortgage without Pt1. I suspect that's the reason so many boats (mine included) have it. Best bit used to be the old blue hard backed, handwritten legal document with all the data on it. Wonderful to read when you bought a boat - all gone now, bless the computers (NOT!)

 

[Emjaytoo]

We got our mortgage without part 1, it was only when we wanted to move to the Netherlands that we had to get Part1 - quite expensive - cost the best part of a £500, although we recouped that in the first year on marina fees. The mortgage has to be listed on the Part 1 registration, although whether a part 1 registered craft with no mortgage interest declared can be guaranteed mortgage free I'm not so sure.

 

[siencyn]

Thanks for that. It does seem though that if you are not having a marine mortgage and you don't intend to leave UK waters there is not a lot of point? I'm just a little p**8ed off with them insisting on an MCA bill of Sale. Whats the point of that? There has been a few issues around misrepresenting the true age of the boat and sadly the vendor and I are not on the best of terms at the moment. So, asking him for another bill of sale is difficult. I wonder what I will be able to do if he refuses?

 

[KellysEye]

If you bought the boat through a broker (and I suspect you didn't) then the broker should handle the transfer of Part One to your name.

Note the small print on the Part One certificate:
- A Certificate of Registry is not proof of ownership
- Details of registered mortgages are not shown

However I believe they will confirm ownership/mortgages if an enquiry is made (which SSR doesn't). If you can keep Part One I'd suggest you do so, as somebody said it costs a lot to get and is useful when you sell the boat.

 

[Talbot]

have you tried talking to the RYA about this as it seems like you must have a real jobsworth to deal with. Nevertheless, it is cheaper to go through the hassle now, than to allow the P|t 1 to lapse and find that you need it.

 

[Lizzie_B]

Hi. The MCA Bill of Sale form is downloadable free of charge from the MCA website.

There is no legal requirenment to register the boat at all if you do not intend leaving UK waters.

SSR is £25 -and you can complete the registration process on line using the details on the part 1 registration form.

I can only imagine that the £35 you are talking about is the charge to register the change of ownership on part1 - as, of course, the vessel is already registered there.

All the hard bits are already done for you on the current registration form.

The part 1 form and declaration of elegibility form are free downloads on the mcga site - but you have to post them with the fee.
So, To sum up you have three options
1. Do nothing ( but I would still get vendor to complete an mca Bill of Sale which you can download).
2.Either now or when you want to go abroad register on line on the SSR for £25
3.Register your ownership on the existing Part 1 registration for £35 - download forms and then by post.

Basically you need to decide if you want to sail abroad or UK waters only.
If abroad, you need to decide either stick with current part1 or save £10 and register online part 3 SSR.

Course, if you do it on line it will save you the minor hassle of getting vendor to sign an MCA Bill of Sale, but would be surprised if this would be a problem.
You can fill the form in. He just has to sign

 

[Richard10002]

Personally, if it's already Part 1 registered, I would do my best to retain the registration. The consensus seems to be that it is the best proof of ownership and mortgage, (or no mortgage), when you come to sell, which I felt was worth the effort and the £80. When you buy a house, you want Title Absolute if it's available, so why not with a boat.

It also seems to have some value when visiting other countries, although I have seen quite a few boats with an SSR number on the deck or hull, so it doesnt seem to be essential for travel.

Even though you have fallen out with the seller, it's got to be worth trying to get an MCA Bill signed and witnessed. You could complete the form, send it to him with a covering letter explaining the situation with the RYA Bill, and asking for his witnessed signature, along with an SAE for him to return it. He would have to be pretty nasty to not do it, (might be worth a bit of an apology relating to whatever has caused the rift... even if you dont think it's up to you to apologise).

Good luck, and be sure to let us know how you get on.

Richard

 

[BrendanS]

Have they explained why the current bill of sale is not acceptable, if the trail of ownership and other documents are in order?

 

[SwedishLass]

Part 1 is renewable every 5 years now or if it lapses they want £150 and cannot guarantee to retain name and ships callsign. I found renewing was easiest option. True the fee is for change of ownership and IIRC any other changes attract a fee on top. The MCA site gave details. Completing the bill of sale is self explanatory apart from buying 64 shares (why?) Stick with part 1 as the cost to renew is little different.

 

[franky]

If you do decide to register Under Part 1 check out the Jersey registry.They still issue the Blue Book (very impressive for JJohnny F......r) but best benefit is that vessel is exempt from Insurance Premium tax.No money for Gordon.Telephone 01534 885598 email jsyhbr@itl.net

 

[DeeGee]

The Part 1 registration document does not show if there is a mortgage on the boat, BUT... the registry Part 1 DOES show if there is a mortgage. Hence, when you come to sell, a call to MCA establishes immediately whether there is a mortgage. That is one of the advantages. Other than that, I am not sure. My boat is Pt 1 Reg'd, and whenever I have needed docs, this seems to be the one that the customs look at and seems to satisfy them most. I don't know if that is just cos it is impressive looking, and that SSR has the same effect? Personally, I like it this way, but am not entirely certain why /forums/images/graemlins/tongue.gif

 

[jwilson]

I agree entirely with Richard Faulkner - if you possibly can keep her part I registered. It will help when you sell, as it offers better (though not absolute) evidence of ownership, and thus widens your potential buyers to those who need to geta marine mortgage, as most mortgage companies will only deal with Part I boats, except on small loans.