Marine Mortgage Finance
(Boat Finance)
This could be the right solution for you:
- if you want finance to help purchase a new Yacht or Power Boat*
- if you want the option of financing the boat in your business or personal name
- if you want flexible finance terms
- if you want access to a marine finance specialist who can benefit from the administrative network of one of the world's largest financial organisations
- if you are currently a HSBC customer.
* (Not for the purpose of permanently living aboard)
Next steps...
Call us on 0800 085 5285
Key features and benefits
Marine Mortgage (Boat Finance)
- Available exclusively to existing HSBC customers.
- Minimum advance of £100,000.
- We will normally lend up to 80% of the value of the boat over a typical loan period between 10 and 15 years.
- Flexible repayments – full or partial early repayments can be made without penalty.
- Fixed or variable interest rate options.
- Optional cover available to protect your finance against accident, illness or unemployment.
- Funding considered for both new and used craft.
Protect the cost of borrowing
Do you have borrowing in excess of £250,000 and want to find out more about protection from interest rate rises?
Exchange rate risk management
If you are purchasing your boat from overseas, and will be paying in foreign currency, there are ways in which you can protect yourself against exchange rate fluctuation.
To read our PDF files you'll need to have Acrobat Reader 4.0™ or above. We think most of you will have this but if you don't, it's free and can be downloaded from Adobe UK. If you are accessing this website using screen reading technology that cannot read PDFs, a converter is available at Access Adobe.
