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Captain Pegg

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Captain Pegg last won the day on May 25 2019

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  1. It’s normal practice to replate both baseplate and the lower hull sides. I think you’re saying that you only had the hull doubled. If that’s so how is the new plate joined to the existing baseplate?
  2. This is relevant. In normal circumstances a 30 year old boat would not pit in excess of 5mm. Corrosion is a product of environment - both internal and external to the boat - so if there is nothing obviously changing in that respect that risk remains. Equally the same problem could afflict any other boat that is moored in the same place and/or uses the same electricity supply arrangements.
  3. Lots of reasons a boat can fail, be it a new or old boat. The problem is that using examples of problems found on the internet gives no indication of the scale of such problems. There is always a risk involved in buying a boat and in direct terms it is higher with an overplated boat, but relative to the outlay it may be less of an overall risk. There are lots of overplated boats out there, so where are the first hand experiences to demonstrate the risk is likely to be intolerable for this prospective purchaser? If it were so obvious I think we would have those examples.
  4. The principal point of this forum is to discuss different views on the world of canals. Hence other topics have their own specific area so they don’t pollute the main purpose of the forum. The request is simply that the political content in this thread that is not related to boating is taken there; it isn’t that you can’t discuss different views.
  5. Only the thickness of the new plate will show. There are many boats out there that will have had the treatment proposed for your prospective boat. My point was that over the 20 year lifespan your surveyor/fabricator predicts for the overplating a safe assumption is that it will depreciate to something close to £0 in value. However if your surveyor is correct that’s from £28k not £15k. That’s because overplating carries some risks and a 50 year old boat with a knackered hull won’t sell. I doubt though many folk here can tell you of a first hand problem they have experienced despite stated views against, which I feel would be more help to you if they could elaborate. I know of some genuine problems relayed to me second hand but they occur some years down the line. Steel does not corrode quickly unless electrolytic and that can ruin even a new hull quickly. I have a 52 year old boat built with 1/4” inch steel baseplate with 33 year old 6mm overplating that largely defies the common wisdom on overplating, I think because most of that wisdom is backed up by very little evidence. I don’t kid myself there isn’t a potential imminent expensive problem or that I will ever see any of the purchase price back again. That’s OK because it’s a boat worth keeping and looking after and that’s my intention. Nonetheless two independent people with professional knowledge of the market have suggested to me it’s currently worth up to 50% more than I paid for it five years ago (which was £23k). To be fair though that increase is about what I’ve spent on it and that value would mostly go out of the window with a problematic survey, and that is a more likely scenario than with most boats. It’s fully insured and I haven’t had to provide another survey since the one provided to insure it in the first place five years ago. I’ll probably have another one done for my own benefit sometime soon. For you it’s about what other palatable options you’ve got.
  6. If the OP intends to keep the boat for any length of time was the caveat on that statement since its resale value may well be effectively zero at some point in future. That’s unlikely but it’s the kind of mentality that is needed to enter into buying a boat like this. My equation was whether I was willing to spend £20k on purchase plus another £10k on the hull in say 10 years time. The answer was yes and exactly five years from purchase I have spent nothing on hull repairs. It does impact on the decisions I make regarding the boat such as I am refitting it myself within the existing bulkheads so that I don’t spend money I can’t recover if the fit out has to be stripped for future replating. If that happens I’ll use that as an opportunity to do major internal work. There is no right or wrong here. It’s very much about the purchaser’s personal circumstances and outlook. ETA to add in response to an earlier post: The reason leisure boats are overplated - rather than replated - is so that the internal fit out does not have to be removed.
  7. A £28k boat for £15k isn’t a bad deal and I strongly suspect the finished article will be a lot better than anything else you could buy for £15k. As @ditchcrawler says you will have a surveyor on board to specify and check the overplating work. There are risks and it’d be wise to write off the purchase price completely if you intend to keep it for any length of time. It really comes down to how much you want a boat and if push comes to shove that you’re willing to write off £15k in the worst case scenario. For the record I own a boat that was overplated a lot more than 20 years ago, I understand the risks and they are tolerable for my circumstances and in relation to the overall merits of the boat.
  8. Yet plenty of licence holders do predominantly live in houses, have no home mooring, leave their boat secured during the week, move it on weekends and holidays, and evidently do satisfy CRT that they are engaged in bona fide navigation. The term “continuous cruising” is a CRT invention and to them it is synonymous with not having a home mooring and is nothing to do with where the licence holder lives.
  9. Yes but those are mostly the names that Barlow’s applied rather than the original names so it doesn’t fully identify the boats concerned. ETA - as pointed out elsewhere the boats above are those taken into the Samuel Barlow fleet and Raleigh as pictured above is an S E Barlow boat. Both companies took boats from the original GU fleet.
  10. Which is what I suspect is happening, they did take some surplus boats from the GUCCCo (or perhaps ex-GUCCCo by the time it happened) fleet on a permanent basis, as you’re probably aware.
  11. The lack of info in that passage was what led me to ask the question as it seems that Capricorn was not laid up, as the article would suggest, when the photo was taken.
  12. This post cannot be displayed because it is in a forum which requires at least 10 posts to view.
  13. Funnily enough I ascended Buckby lock 11 a few weeks ago and afterwards it struck me I never noticed the blown cill. I must be a terrible boater 😱 Or maybe it’s because I have a short boat and went nowhere near the top gates. I also didn’t have to empty the lock and force the bottom gates open when it wouldn’t quite empty, that’s because a boat exited it coming the other way. Or even more likely it’s because I was paying too much attention to the boat I was ascending with. The same folks who managed to sink their hire boat when descending the flight the next day.
  14. This post cannot be displayed because it is in a forum which requires at least 10 posts to view.
  15. So were they working as a pair at this time? And if so in whose fleet?
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