Olivia

Thanks to all for their responses regarding assignable leases. CRT tell me that in some circumstances this is the case at Lisson Grove. however, it is not a full residential mooring, just a pied a terre mooring, though I am not sure how this can be monitored by CRT, as it seems that if you move your boat for couple of weekends a year you are complying with the requirements, how can CRT know whether you moved your boat last week, last month or last year? I have been looking at the reserve prices for the auction for a mooring at Blackwall basin. They are coming in at over 10,000 pa. Am I alone in thinking that this seems astronomical? It is cheaper to moor in a private marina!! What are members opinions regarding private marinas v. BW/CRT moorings? Olivia

Hello Thanks for the advice. i know that I've been sent a direct or 'private' message, but I can't open it until I've made 5 posts, so apologies for not acknowledging, I'll try to get the extra posts done i next day or two. Thanks

Hello all I am a new member seeking advice on this topic. I am currently investigating the purchase of a boat with a pied a terre mooring at Lisson Grove. I'm fairly confident that the mooring can be assigned with the boat, though I am currently trying to confirm this with CRT. My query is, how do you determine the notional value of an assigned lease? The vendor is asking 40,000 pounds, reduced from 47,500. The boat is not at all flash, a 40 footer, about 25 to 30 years old and not in particularly good condition. I estimate that the boat is worth at the most 15000 pounds, and probably a fair bit less. This means that the vendor is asking 25,000 to 30,000 for the assigned lease. This seems excessive to me, but I am not at all sure. I've read somewhere, probably on an agent's website, that boats with transferable moorings in London can sell for up to 3 times the value of the boat. At the time I put this claim down to agent's hype, but now I'm not so sure. I'd appreciate any help/input on this matter. Thanks Olivia