Jump to content

SteveLevis

Member
  • Posts

    50
  • Joined

Profile Information

  • Gender
    Male

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

SteveLevis's Achievements

Engager

Engager (3/12)

25

Reputation

  1. ..if you are "local" to the boat and don't mind a bit of hassle you might as well sell privately and save the commision...? I am sure that if the price is right you will shift it easily, particularly around the spring time...
  2. ..what...there is no blue sign!!!!! ..if he had fallen he could have sued CRT??
  3. This post cannot be displayed because it is in a forum which requires at least 10 posts to view.
  4. This post cannot be displayed because it is in a forum which requires at least 10 posts to view.
  5. This post cannot be displayed because it is in a forum which requires at least 10 posts to view.
  6. As per all the above comment really. I would not be interested in the "continual cruising" option, (ie no home base marina), better to have a "fixed base" IMHO although this does restrict your cruising options, but in our syndicate we had an AGM and every 3 years or so and voted on a move to another marina. (This may be more of a problem if you are "managed" as this may restrict which marinas you can use). If you are buying into a "home based" marina boat it is worth checking if the synddicate have any plans for a move. anytime soon. ie you may think tthe current marina is a great location, but oncce you have joined you may find out the syndicate plan to move it next season to somewhere that may be less conveinient. Also important to know if managed, or self managed. Self managed is great, (and saves about £500 per year each), BUT you have to have able and willing syndicate members! When we joined our self managed syndicate all members were keen and happy to "share the workload", but over time some of the original members left and were replaced with (mainly), syndicate members who just treated it as a cheap hire boat and were not prepared to "do their share" leaving all the work to a few willing members. In hindsite it would probably have been better to spend the extra money and get a management company involved? Whatever boat you buy into make sure there is a healthy "sinking fund" as you don't want to end up paying for a share of a new engine or repaint during your first year or two of cruising!
  7. ..one of the (many) things that has gone up by way more than the 10% headline inflation rate. We are currently paying around £19 for a 25kg bag of the black stuff, least season around £12.50...
  8. I think it can be a bit of a "catch 22", a lower share price would be for either an older boat which may well then require higher ongoing maintenance costs, (or possibly a newer boat with only "low season weeks available"), or initially pay more for a newer boat which requires less maintenance? When we first started looking at shares (about 7 years ago), we looked at some boats around the £2.5k for a 12th share and soon realised that we would need to spend at least £1k+ more to get a boat that we liked. We ended up in a really nice self managed syndicate which also saved us around £450/yr each in management fees, however this does mean that all the syndicate members have to take an active role in doing all the work necessary, and as time went on and new members joined the syndicate there were fewer and fewer members who actually wanted to share this level work preferring to leave it all to the ever diminishing and willing "few". We liked to keep the boat well maintained and promptly replace any items that had failed, or were likely to fail so that other members would not lose their holiday weeks. We also liked to maintain a healthy sinking fund (£6k+), so that if the engine went south we couldm get it replaced with minimal financial impact to the existing syndicate members. (ie if you do buy into a share boat ALWAYS ask what how healthy thier sinking fund is as you don't want to buy into a boat that suddenly needs a new engine or £12k repaint and nothing "in the pot" to cover it!) In some respects the actual buying cost of a share is not really an issue (assuming you have the money in the first place), as you could well get most of it back, particularly in the current climate. (We had members who actually sold their share after a few years for more than they paid for it in the first place), and the longer you are in a syndicate the more "cost effective" it becomes compared to renting. The only rel downside to sharing is that you are always limited to the marina the boat is based in, (which can be moved with agreement from all members), and the fact that the weeks you can choose very much depend on where you are on any particulr years "pecking order". I guess you pays your money and makes your choice......happy hunting!
  9. ....we had expensive tastes..... ... .....around £1k, maybe £850/£900 some years depending on what bits we wanted replacing each year, (eg solar panels, new cooker, fridge, annual blacking and winter works, we also wanted to maintain a healthy engine replacement / repainting / sinking fund should we need it being an older well used boat. Also turnaround maintenance, every 1or 2 weeks as the the boat was more or less in constant use both high and low seasons, and as an an older boat that regularly required maintenance to the standard we wanted... ......and a "Marina of the year" that liked to charge you for the priviledge!
  10. ...I think this is a good suggestion/compromise, but I think the costs quoted are a bit low, (....in the current climate), particularly if you go with a "managed" boat. We were a self managed (12 shares) boat and probably paid around £1k each per year to cover all our running costs, (eg maintenance, replacements, licenses, mooring fees). We approached a management company and were advised we would need to pay an extra £450 'ish (each) on top of this. When we started looking £2.5k would not get a "decent" quality/newer boat and we ended up spending around £4.5k. (You can get lower costs if you buy shares with weeks that are "out of season"). Mind you whatever you pay for the share you may well get back when you come to sell given the popularity of canal boat sharing?
  11. ..yes but it is the modern way to always blame somebody else for something....and I blame Boris for everything... "it's everybodies fult but mine..."
  12. ..why don't they just reduce the price of electricity instead?.... ...oops sorry, because Bojo won't get any credit and people can then re-focus on party gate....
  13. We had our last (syndicate) boat repainted in the same colour scheme as it seemed a simpler option than having to "vote" on other options. This design involved 3 basic colours with lines, however in hindsight I think we should have changed it to a simpler design that would make touching up a lot simpler.....particularly as the paint started to peel off within the first 3 months.....
  14. This post cannot be displayed because it is in a forum which requires at least 10 posts to view.
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.