For most people, the concept of owning a luxurious boat and only using it a few weeks each year is very off putting! Look in any Marina and notice how infrequently the boats are moved. The depreciation of the asset plus the maintenance and annual running costs are equally frightening.
Now stop and think about another way!
If you can answer TRUE to any of these statements ....
Joining a syndicate may be your ideal way ahead;
I do not want to spend most of my savings on a boat.
I want a luxurious boat but for only a minimal outlay.
I want to pursue other interests as well as boating.
I have a boat but would like one in another location.
I had a boat but did not use it very often and I still enjoy boating.
Ranworth Marine Ltd are based in Norfolk (United Kingdom) at Brundall Bay Marina, Brundall, Norwich. The directors of the company have been involved in the marine industry for many years and are well positioned to offer help and advice to new and existing clients.
We have been operating boat sharing since 1999 and have therefore accrued a significant amount of experience to help our clients.
Each Syndicate holds an annual general meeting to discuss important issues relating to the well being of the boat. This way each owner can have important input into the care and use of the boat.
What about hiring a boat?
Add up the cost of hiring or chartering boats over a number of years and you will see it can be very expensive! Owning a share with a group of like minded owners and splitting the costs can save you thousands of pounds!