66. The process of buying a (second hand) canal narrowboat
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- เผยแพร่เมื่อ 27 มิ.ย. 2024
- #narrowboat #narrowboats #canal #canals #liveaboard #cruisingthecut
After months of people saying "but what does it cost?", here's the first in a series of 3 videos about how much money it takes to buy, own and live aboard a narrowboat.
In this video, it's all about the buying process. Actual monies required for buying typical boats are covered in Part 2 ( • 67. How much do canal ... ); then ownership and liveaboard costs in Part 3 ( • 68. What it costs to o... )
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Theme music: "Vespers" by Topher Mohr and Alex Alena, from the TH-cam music library
I appreciate your journalistic research and integrity. also your plain talk explanation.
Thank you.
My life has in some small but important way been improved for discovering you and your channel. Thank you
I’ve got no intention of buying a narrow boat, but the entertainment value of your videos’s is immense and much appreciated!
Same here. I'm living vicariously watching you cruise the canals of England, and camping out in the wilds of Wales.
Someone stole my dad's boat, was about 20 years ago but they went the wrong way and got spotted by the lock keeper who knew my dad and were arrested by the time they got to Guildford lol.
When I borrowed my b-i-l's boat, the first time I stopped for gas the boatyard gave me the 3rd degree.
In the States, even a canoe requires a Title of Ownership. I find this amazing the UK doesn’t require one for purchases that can equate in value to a house!
A real pleasure to watch, you are so conscientious and such a good presenter. Great relaxation after lunch with a nice cup of tea!
You're a Darling for posting these highly informative videos. Thank you so much!
Nicely explained and very much reflects our experience: umpteen trips to the midlands, northwest and southwest; scouring various media for boatyard details and brokerages. Ended up getting ours having seen it on eBay but - and this is crucial seeing as eBay is an auction site - ended up contacting the seller instead of placing an online bid in order to go and see the boat first. Also did a ton of research and got a survey done, which I was present as. Speaking to the surveyor really helped and, overall, we were very fortunate in knocking a significant amount off the price. In summary: research, visit and get a survey done
I’m on my second time through watching all your vlogs and enjoying them just as much. Really appreciate the professionalism and the quirky humour and the sheer delight of being able to vicariously live the narrowboat experience through you. Thank you SO MUCH for creating these gems.
Thank you for being so forth-write. A rare commodity in today's world. Cheers.
Thanks, I like to try to give useful info!
I see England just got the first snow of the season. May you always have fuel next to your stove and free of ice so you may go where you wish.
Stay warm.
Thank you. No snow where I am - in fact it just turned milder - but no doubt chillier weather to come!
Very helpful videos. :) Planning to buy a narrowboat once I finish university...
Thanks. I hope you find a lovely one :-)
Hi David great vlog, I must admit the ownership issue or lack there off really is pretty vague in this day and age especially when you consider the money involved. Buyer beware takes a whole new meaning.
I know its 4 years later ,But this video has given me a big help in knowing what to do for a first time buyer .
& this chap knows his stuff... top guy I reckon...
IMO the best person to follow, certainly knows his stuff, no one out there that does it better 👍
Love your candor and humor. I'm ready to buy a narrow boat and move aboard! And I don't even live in the UK. (But you could tell that from my spelling.). Seriously, between the wood stove and the option of chugging off to a local pub at 3 mph, you've made a very enviable lifestyle choice.
Cheers; yes I'm enjoying it very much!
My dream of living on a boat just got more complicated and expensive.
Glad you made this video though. At least I've got a while to learn as much as possible while I save enough money for my Dutch barge.
Oooh, that won't be cheap - but it will be lovely! Good luck.
Go to Dave. He's a walking encyclopedia. 👍👍👍
I’m not in for a boat, but this was so thorough. Fun just watching/listening!
David, absolutely love the chats. Keep them coming please
After all that commercial stress......I can see why just tootling along being overtaken on the blindside by a duck is good for ones soul.😀😀
We come at life in differing directions I suspect but I really like your candid approach and find myself looking for your next vlog Kind Regards Stuart Bell
Thanks. All the vlogs are listed in order on my TH-cam channel "Videos" page and on my website.
I'm in the process of looking at boats find this vlog extremely informative. Thanks
Fantastic series of vlogs, thanks. It's answered so many questions and helped to educate me for when we make the 'plunge' and buy our boat.
Excellent; glad it's been useful. Good luck with your purchase.
Wonderful the way of life you have chosen! Congratulations!
You are brilliant x I love the way you explain everything so clearly, delivered with common sense and humour. I've newly subscribed to your channel as I hope to be a canal boat owner soon. Your first hand experience, advice and guidance are truly reassuring. Thank you x
Thank you
Many thanks...great content!...my first video on the subject, and I'm going to start digging deeper...
5.0 this is soooo accurate...!! After months of looking online, and a few viewings of boats high on my shortlist, it was an immediate feeling of "This one...this is my boat..!" as soon as I stepped on board - and a very different boat to my original criteria when I first started looking (was so sure I wanted a 'small' widebeam, but eventually fell in love with a 57' trad narrowboat...) If all goes well, will be proceeding with the purchase soon and joining the boating community - thanks so much for all the informative videos, I always learn so much from you!
Excellent, good luck!
Great advice... great delivery too. Thank you.
Glad you liked it, cheers
Incredibly interesting! Frightening that there is no license of ownership...
That is almost the same in the Netherlands, but her we can choose to handle it like a house. For 600 euro a guy from the registration office carves out a number in the hull and spreads a number of RF id tags and from then on, every change of ownership has to be done with the registration office (costing 600,- euro again).
Very good video, you know your stuff! Amazing you can do this in one go!!
That sounds like an excellent idea and maybe we should have something like that here!
Great advice!.... if we ever get out of lockdown I’m looking for a boat!!
Thank you so much David. My wife and I have decided to stop waiting for retirement to come and have started doing the research about buying a boat, income streams and living costs. Your vlogs are so informative and methodical. I would love to interview you for my channel sometime about canal boat life. We have a long way to go I think before we are ready to buy and live aboard but we have to start somewhere and after many holidays we know it’s definitely the life for us. Thanks again for your advice and guidance. Especially loved the price range cymbal sound effects on this one 😂🙏🏻
Watching this from my place in HK. Great series, very helpful. I keep boat in Lichfield. Oh, love it.
Thanks for the vlog.
Cheers!
Over half way through the vlogs. Still fascinating stuff and love the amount of information and tips you give about the good and not so good points of being an owner and travelling about. I’ve only had a week of ‘cruising’ but I can tell you it was very therapeutic. Here’s to the next 40 or so episodes to catch up on
Glad you're still ploughing through them ;-)
Very informative ,cool stuff!!
I just want to say we've loved this series. Ex-Brit here, living in California. I dragged my husband and two friends over to Blighty last year for their first experience of a narrow boat, and they loved it - they survived a week generally not falling in, and not annoying the experienced local lady who had decided to act as lock-police on a flight. I used to hire boats regularly before leaving the UK. Anyway, we made it from Middlewich almost all the way up the Llangollen - wonderful trip! Since then, we've watched all your videos. Surprisingly, we even paid rapt attention to your toast making in this one! Thanks so much for all the fun and informative content. I'll be watching the BBC 1pm news tomorrow, thinking of you :-)
cheers for your knowledge cruising the cut I want to make the transition to boat and live on one but have very little knowledge on these things I hope one day I can get one
Its enough to make go grey, mine is getting there already.Its very good of you to talk about your personal circumstances.
Cheers Keiran.
In the US boats will have a Certificate of Ownership and a Hull Identification Number (HIN). I'm a little surprised that the UK does not have have any documentation for ownership of vessels. Especially when you consider that many people will call them home.
Your story reminds me of when we bought an excavator a few years ago. Just a handoff of cash and zero paperwork. I kind of liked that minimalist process, but at the same time it feels more risky.
It is odd, yes. Ocean-going craft have some sort of registration but not inland ones. I believe the modern narrowboats have a Hull ID too but it's still not on any central register.
Thanks for the information, a very interesting (and confusing) process to buy a boat! Glad you got yours as there'd be no vlog without it! :) Your vlog is great to watch as your demeanor in front of the camera is really comfortable.
Thank you Doug
I like your video's. I look forward for them . Keep them coming. I am learning so many things about your country through narratives. I do not speak like you. I have a Texas drawl. Of course we eat at an "Out Back Steak House" restaurant over here . The ads use words one only hears in the UK.. Cheers & mate are their Trade Mark sayings.
Haha, cheers indeed!
Great advice. I'm now consoled that the boat I travelled many miles to see was already sold! I await your next vlog with impatience.
Oh, how infuriating that must have been. It wasn't "meant to be"! Cheers
solid advice, you answered all the Q's i was trawling on the net for, again thankyou
Excellent, glad I could help. Have fun in your search!
Great video.
Best advice is to look at as many as you can, and bear in mind it takes a long time to go through the process.... life on the cut is at a snails pace, and that includes the buying process :)
Very true!
Fab advice, possibly the best ever I've seen about the boat buying process 👍
It's not quite a Coen Bros film but I'm glad you liked it ;-) Hope your trip is going well.
Great advice! Thank you 🙏🏻 for sharing.
A fantastic information packed vlog.......well done. I’m surprised to learn that there is no registration or official documents to be had for a narrowboat. I seem to recall when I bought my boat (not a narrowboat) that I had to register it on the small ships register (SSR). Look forward to seeing the rest of these vlogs in this mini series.
They have to be registered with the CRT but the register is not a legal record of ownership
Great vid CTC, looking forward to the rest..
Ta
This is great information captain.Thanks very much.You speak lots of sense
Brilliant!
Very good video as always can't wait for the next one
Cheers
Thanks. You always do a good job with your narrative
Cheers Stephen!
Very informative, thank you 😊
Hey mate! Good to see that your boat is still running! ;) Goodluck for the cold winter! Greetz from Holland!
Haha, thank you! I've got the stove all fired up with coal so it's nice and warm!
reminds me of watching the two Ronnies when Ronnie Corbett would sit in a chair and tell a funny story and eventually, after lots of sidetracking he would reach the punchline !! Perhaps not as funny but equally entertaining !! Well done !!
Ps. Yes it's a buggar getting all round the country looking. Also yes I've realised that people don't want a deposit. Now i know exactly the type and layout. Also I'm keeping the searxh area with a certain radios. Hopefully be an owner of my own narrowboat before Noel. Thanks for both informative and lovely vlogs
Excellent and informative once again, good work keep it up! I'm looking forward to some winter scenery.
Brrrrrr, feeling too cold to go out at the moment!!
brilliant stuff Canal & River Trust should have you as a roving ambassador...
I'm happy to accept such a commission for vast amounts of cash :-)
Found this most useful, thanks. Living aboard a boat is still very much at pipedream stage for me, but it's got to start somewhere right? Haha. For me, I suspect like many, it's the idea of an alternative to housing with big deposits and mortgages. I'd much prefer to spend on a boat and live a simpler life and I'm quite lucky in that I run my own business (currently from home) in which all I require is a computer and an internet connection, so maintaing an income is still very much possible.
Look forward to watching more of your videos.
as usual very informative I always look forward to your videos
:-)
Time for the HIN (like modern boats have): Hull Identification Number. It's the equivalent to a VIN on a motorvehicle...
Modern narrowboats do have one but it doesn't prove ownership
Just for the Talley books: in the US, state registered boats just like cars and trailer defiantly have a Title of ownership. Boats over 5 tons can be flagged AKA documented with international credentials serving as Title managed by the US Coast Guard. Both can be searched to ensure “Clear Tile” prior to purchasing and financing. As a side note US documented vessels are territory of the US and can be seized In REM by a US Marshal anywhere in the world if the need arises. Such as default on financing. However, it also has the obligatory protection of the US Military such as the
Maersk Alabama.
Mark Fay US MMC Jr. Engineer QMED AS-E
Brilliant and helpful
Interesting thanks, I'm in the same boat as you (sorry) in that my house sale has not yet exchanged so I also had to borrow money to pay the boat off and had issues getting some resolution with owner and brokerage. Very fraught indeed.. I hadn't seen this video before despite being subscribed for a while so realise now I will now have to go back four years and watch the entire back catalogue of yours.. Oh well, better get the kettle on then :)
Caveat Emptor! - Buyer Beware. Thanks for all the information you gave. Buying on trust is very difficult. Great video David - thank you
Well done David, Good info for the future. : )
:-)
Very useful information. Thankyou..
Great! Cheers
Super informative and well presented.
Thank You, sir.
:-)
Good info mate thnx.
interesting info... i want a narrow boat
Nothing to stop you buying one but you've probably a scarcity of canals in Quartzsite..? :-)
Excellent video, really informative. 👍
Glad it was helpful!
brilliant as usual
Very informative - ta muchly!
Very nice, and informative. And all in one take. :-)
Thank you :-)
Hi David,new subscriber here from China,love your videos
CTC great info. I've found when budgeting that somewhere around 80% on purchase price and 20% for everything else isn't far off. Many costs as you've mentioned can accounted or allowed for regardless. Throw in your wish list of new bedding/interior, solar, repaint, heating, etc and then budget and plan accordingly. Ha-ha on paper I've already spent well over half of the that 20%.
Oddly enough, that's roughly what I've just described in the Vlog I've just recorded, ready to go live tonight or tomorrow, a Vlog about what boats actually cost!
when i got my boat i did things a little different . i sold the house first and stayed with my dad ect then then started looking for boats with the money burning hole in pocket. i think staying in hotel would be cheaper than a loan and i didnt need to store furniture (what House hold furniture can you get on a boat). its amazing how many coffees you get when they know you are cash buyer and the deals you get, ok it was easier for me the wife had passed on and i had no mortgage but i found it a good way. still had waiting time of a few weeks for surveys ect but wheni i found the boat i wanted the brokers seemed to go into overdrive compared to others ive heard of
The loan cost me very little because I only had it for two months while the house sold and two months interest was very little. Certainly less than I'd have paid in hotel fees. I didn't store furniture either because I got rid of it all once the house contract was exchanged. I didn't want to have cash from the house sale sitting in a bank earning no interest while I looked for a boat as you never know how long that'll take.
Fantastic video thank you for sharing it with us all
:-)
Great Vlogs! I find your explanations very clear, informative, well researched and extremely useful! I dream to have my own narrow boat. One question which I'm not sure has been asked already or not... How long did it take you until you got your narrowboat from the time you started going out to look at them, and how many boats did you look at until you found the one you have now?
Great info DAVID.🇦🇺🇦🇺👍👍🥂
Thumbs up.Very informative.
:-)
you are very descriptive.
Very good advice , that bloody fan thingy on the stove behind you was a big distraction for me , love your vlogs :-)
It keeps me warm!
lovely job!
Ta
Thanks! Alex
Happy to say, after nearly a nine month search David, I found a 47ft private sale narrowboat, put in an offer subject to an independent survey at Aquaduct marina, to which the current owner has agreed to knock off the work needed doing and I am just about to hand over a wodge of cash (well bank transfer) and it will be mine. Came here again for info / advice before it becomes mine tomorrow. Thank you for your essential guide!
Fantastic! I hope the survey is good and the boat is everything you're hoping for. Have a wonderful time aboard!
@@CruisingTheCut After a grit blast and a bit of paint, well that should keep her tip top down the bottom and the insurers happy ;) V. little else for the survey so thankful and thank you David, to think how far I have come since first catching your channel in the Autumn of 2018, before that all my narrowboat experience was several holidays... you opened up the idea to me thinking... I fancy a bit of that liveaboard life. All the best.
Very informative bro.
I am looking on E bay.
a very nice vlog
Nice channel. Mads from Sail Life sent me. :D
Thank you. He's a lovely chap :-)
Loved it👏👏👏👍😁
Thanks your information
The fact there is no title or registration is astounding. Caveat Emptor takes on new meaning! Very informative video, thank you.
Very much so!
Well done 👌
When I buy my narrow boat, I’m gonna pay you as my boat consultant.
Extremely interesting videos a true professional.
brilliant info as usual. ROD.
Cheers
All one take, nice video!
Indeed, cheers!
That was pretty good, you should put your knowledge for hire, there is probably lots of people out there that would greatly appreciate it.
I'm more than happy to accept money for advice!!!
WOW quite an eye opener. To take on buying a boat "on good faith" is really scary. Here in Michigan, every car, boat or RV has a title stating if the title is clear with or without any liens on the vehicle. It would be unnerving to think you own your boat and have the original owner show up and say "that's mine" and have no legal recourse.
Always watching,
Dennis from Lansing Michigan
It's rare but it can and does happen. And yes, it is bizarre. Cheers.
Great video David and I think it's a good idea to split it up in to the parts you have suggested because not everyone is going to live aboard a boat.
Another thing worth considering is making sure there is no outstanding money owed on the boat. Not sure how you would check. For cars there is HPI check.
A national registration scheme would seem to be a good idea, but who would set it up etc.
Therein lies a problem, checking debts on a boat is pretty much impossible I think (but happy to be corrected)
You're right, of course. The positive, however, was that it enabled me to add a few more hours' experience of solo cruising before pitching into the buying process.
"Always look on the bright side of life ..."
♫, ♫♫♫
very interesting regards Alan
Cheers Alan