Naughty Cal Posted January 21, 2023 Report Share Posted January 21, 2023 Just now, M_JG said: I think people underestimate the costs associated with boat ownership, especially if it's for leisure boating. NC seemed to have been maintained to a very high standard which from memory Rachel and her partner did a lot of, if not all of. Perhaps the new owner couldn't do the same? Judging by the advert which suggests nothing was done to it since we sold it I expect he hasn't experienced costs involved 😕 Link to comment Share on other sites More sharing options...
Jon57 Posted January 21, 2023 Report Share Posted January 21, 2023 32 minutes ago, Alan de Enfield said: Some folks 'buy the dream' and then 'sell the reality'. Foxes afloat syndrome 👍 Link to comment Share on other sites More sharing options...
Momac Posted January 21, 2023 Report Share Posted January 21, 2023 49 minutes ago, M_JG said: I think people underestimate the costs associated with boat Possibly. More likely they find the reality is not quite what they imagined it to be It would be no good if we all wanted the same thing. 1 Link to comment Share on other sites More sharing options...
Naughty Cal Posted January 21, 2023 Report Share Posted January 21, 2023 2 minutes ago, MartynG said: Possibly. More likely they find the reality is not quite what they imagined it to be It would be no good if we all wanted the same thing. Equally likely some people don't maintain their boats to the manufacturers recommended schedules. Link to comment Share on other sites More sharing options...
pearley Posted January 21, 2023 Report Share Posted January 21, 2023 https://canalriverhub.co.uk/boat-sales/2000-cruiser-stern-narrowboat-for-sale/ A tad overpriced? 1 Link to comment Share on other sites More sharing options...
Peanut Posted January 21, 2023 Report Share Posted January 21, 2023 17 minutes ago, pearley said: https://canalriverhub.co.uk/boat-sales/2000-cruiser-stern-narrowboat-for-sale/ A tad overpriced? I believe that one will sell, but in a different market to you and me. 1 Link to comment Share on other sites More sharing options...
Momac Posted January 21, 2023 Report Share Posted January 21, 2023 (edited) There were folks on the sales pontoon at the marina today so the frosty weather isn't deterring everyone. The relatively few boats for sale suggests continuing popularity of boating despite increasing costs. I suspect holidaying abroad will become more expensive which in turn maintains demand of activities like caravanning, motorhomes and boats . The only concern I have for boating that relies on an engine is the future availability and cost of diesel. Edited January 21, 2023 by MartynG 1 Link to comment Share on other sites More sharing options...
Naughty Cal Posted January 22, 2023 Report Share Posted January 22, 2023 9 hours ago, MartynG said: There were folks on the sales pontoon at the marina today so the frosty weather isn't deterring everyone. The relatively few boats for sale suggests continuing popularity of boating despite increasing costs. I suspect holidaying abroad will become more expensive which in turn maintains demand of activities like caravanning, motorhomes and boats . The only concern I have for boating that relies on an engine is the future availability and cost of diesel. Diesel isn't going anywhere any time soon. 1 Link to comment Share on other sites More sharing options...
Athy Posted January 22, 2023 Report Share Posted January 22, 2023 11 hours ago, pearley said: https://canalriverhub.co.uk/boat-sales/2000-cruiser-stern-narrowboat-for-sale/ A tad overpriced? Don't certain makes attract a premium price? Ken Bonakowski's are well thought of as far as I can gather, and this one appears o be in good order. Link to comment Share on other sites More sharing options...
Naughty Cal Posted January 22, 2023 Report Share Posted January 22, 2023 18 minutes ago, Athy said: Don't certain makes attract a premium price? Ken Bonakowski's are well thought of as far as I can gather, and this one appears o be in good order. £100k for a 23 year old narrow boat does seem a bit expensive. 1 Link to comment Share on other sites More sharing options...
Athy Posted January 22, 2023 Report Share Posted January 22, 2023 22 minutes ago, Naughty Cal said: £100k for a 23 year old narrow boat does seem a bit expensive. Yes it does, that's why I gave possible reasons for its pricing. Of course, as any trader knows, if you start at a high price you can always go lower, whereas iff you start low it's hard to go higher. Link to comment Share on other sites More sharing options...
peterboat Posted January 22, 2023 Report Share Posted January 22, 2023 1 hour ago, Naughty Cal said: £100k for a 23 year old narrow boat does seem a bit expensive. Also only a few pictures unless I am doing something wrong? Link to comment Share on other sites More sharing options...
Naughty Cal Posted January 22, 2023 Report Share Posted January 22, 2023 1 hour ago, Athy said: Yes it does, that's why I gave possible reasons for its pricing. Of course, as any trader knows, if you start at a high price you can always go lower, whereas iff you start low it's hard to go higher. There is always the danger of pricing too high which ends up with it sat around with no interest in it. Then having no interest when it's reduced. Much as has happened with NC. 2 Link to comment Share on other sites More sharing options...
MtB Posted January 22, 2023 Report Share Posted January 22, 2023 (edited) 2 hours ago, Athy said: Don't certain makes attract a premium price? Ken Bonakowski's are well thought of as far as I can gather, and this one appears o be in good order. I've never heard of him. How many boats has he built to have built this reputation? Edit to add: A brief goggle reveals this old thread here about him. https://www.canalworld.net/forums/index.php?/topic/51447-bonie-kowsky/ And a couple of old adverts are still on the net. Here's a photo of their 'distinctive' stern design. https://boats-from.co.uk/not-specified/rare-bonikowski-40ft-narrowboat-minstrel-73155/73157 Edited January 22, 2023 by MtB Link to comment Share on other sites More sharing options...
Athy Posted January 22, 2023 Report Share Posted January 22, 2023 14 minutes ago, MtB said: I've never heard of him. How many boats has he built to have built this reputation? About 60, , in Lancashire in the 1980s and 1990s. He died in 2000. I've seen his name cited as Bonikokowski and Bonakowsski, not sure which is correct. Link to comment Share on other sites More sharing options...
Laurie Booth Posted January 22, 2023 Report Share Posted January 22, 2023 21 hours ago, Arthur Marshall said: It's not just the usual inflation that makes it a cost of living crisis for some. Inflation as measured is about 10% and falling, but food inflation is about 17% and constant, rents have rocketed and power bills have tripled, though they are falling and may just end up double. It's no crisis at all if you've got a good salary or pension or own your house. If you're stuck on minimum wage and renting, it's a crisis. It rather depends on one's point of view, and whether you consider other people to be worth bothering about. What rents have rocketed ? Link to comment Share on other sites More sharing options...
Guest Posted January 22, 2023 Report Share Posted January 22, 2023 Just now, Laurie Booth said: What rents have rocketed ? My daughters. For one. Link to comment Share on other sites More sharing options...
Laurie Booth Posted January 22, 2023 Report Share Posted January 22, 2023 1 minute ago, M_JG said: My daughters. For one. What % as there is a legal limit? Link to comment Share on other sites More sharing options...
Guest Posted January 22, 2023 Report Share Posted January 22, 2023 2 minutes ago, Laurie Booth said: What % as there is a legal limit? Over what period? I need to check with her but her PCM payment has increased around 20% - 30% over about the last 2 years. Her landlord has a BTL mortgage. Link to comment Share on other sites More sharing options...
MtB Posted January 22, 2023 Report Share Posted January 22, 2023 (edited) 28 minutes ago, Laurie Booth said: What % as there is a legal limit? Is there? What is it? I believe an unreasonable rent review can be challenged at a rent tribunal but I'm not aware of any actual limits on rent rises. Edited January 22, 2023 by MtB Add second para. 1 Link to comment Share on other sites More sharing options...
David Mack Posted January 22, 2023 Report Share Posted January 22, 2023 27 minutes ago, MtB said: Is there? What is it? I believe an unreasonable rent review can be challenged at a rent tribunal but I'm not aware of any actual limits on rent rises. Indeed. Government advice is that "the rent increase must be fair and realistic, which means in line with average local rents". The rules around challenging a rent increase at tribunal are somewhat restricted. https://www.gov.uk/private-renting/rent-increases https://www.gov.uk/private-renting/rent-disputes Link to comment Share on other sites More sharing options...
MtB Posted January 22, 2023 Report Share Posted January 22, 2023 7 minutes ago, David Mack said: Indeed. Government advice is that "the rent increase must be fair and realistic, which means in line with average local rents". The rules around challenging a rent increase at tribunal are somewhat restricted. https://www.gov.uk/private-renting/rent-increases https://www.gov.uk/private-renting/rent-disputes Thanks. This all aligns exactly with my understanding of the rent review situation already! Basically, that rents can be raised annually to keep up with local rental market. Link to comment Share on other sites More sharing options...
ditchcrawler Posted January 22, 2023 Report Share Posted January 22, 2023 51 minutes ago, MtB said: Is there? What is it? I believe an unreasonable rent review can be challenged at a rent tribunal but I'm not aware of any actual limits on rent rises. There are rules, but they don't look to cover the actual percentage Private renting: Rent increases - GOV.UK (www.gov.uk) Link to comment Share on other sites More sharing options...
Tigerr Posted January 22, 2023 Report Share Posted January 22, 2023 I have been looking for a boat for several months, having sold our own boat at just the wrong moment, before Brexit and Covid pushed prices up. Based on what I have been looking at, I'd get 25-30k more for our boat now! I'd expected prices to start to come down, but I think what's happening is that second home in Spain has become massively less attractive and that's still driving a lot of folk to look at a canalboat as an alternative. At the other end of the market the housing and rent problem makes a boat a housing option, and that's supporting the market. I don't see much changing on this until legislation hist diesel engines, which may drive a huge shift in the market. Link to comment Share on other sites More sharing options...
MtB Posted January 22, 2023 Report Share Posted January 22, 2023 14 minutes ago, ditchcrawler said: There are rules, but they don't look to cover the actual percentage Private renting: Rent increases - GOV.UK (www.gov.uk) David Mack beat you to it with that link! And very reasonable and easy-to-meet rules, they are too. Link to comment Share on other sites More sharing options...
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