Thames City Insurance

Option 1. Tow a trailer behind a luxury vehicle to use for your home and continue to go from one place to the city.

Option 2. Ask your home adapted to your own specifications by a high-end manufacturer sofa with all the modern comforts inside your heart. Then park it permanently or semi-permanent, just rent a small plot of land is in the city or a suburb outside the main city.

Option 3. Since Thames through the heart of the city of London, you can buy a small boat for three people, a luxury for many people to go for the boat along the river with lots of living space. In this article, we discuss this option in detail, its merits and advantages: -

1) First you need a ship and there are a large number and size to choose.

Consider this scenario and economies.

"The Cheyne Walk Home has the prestigious address and a good view of the dam, but the asking price is £ 6.5 million. If you choose a houseboat instead, you will have learned from you very much the same prestigious address and an economy of £ 6.5 million or nearly so '.

What kind of boat do I need? Here is an example of a boat moored in the house with mooring rights Chelsea until 2020 at the rate of £ 9,000 per year or £ 750 per month. It is very cheap when you compare this cost to rent from £ 500 a week being charged in the same area to live in traditional homes.

The houseboat is the most common narrow, it stretches from 45 to 50 feet long and about 6 feet wide. There is a large living space for a couple and occasional guests. You can buy a new narrow boat for about £ 90,000, but used ones available for about £ 25,000 and £ 30,000.

Buying a house-boat is no different than buying a car or a house. You must have your future possession / home properly inspected value and if major defects. It is recommended that you have a detailed survey followed by a thorough inspection of safety. The security inspection is an absolute must.

2) the costs of moorings? Mooring costs vary between £ 4,000 and £ 8,000 per year. These costs depend very much on where your boat is docked. Due diligence in respect of moorage is important, advised and strongly recommended. Visit docking potential questions to the current residents riverboat. River people are a very close knit community and help you in your decision making. Ask them any questions you feel need answering. For example, you want to make sure that you can stay as long as you want. Therefore, having a 25-year lease will give you security and peace of mind. It is advisable for you to verify your moorage is not for a short period. And if you take over a lease that has a term of 3 years remaining, you want to make sure you have the option to renew in its current state without any change to one existing commitments.

3) Are there additional costs to take into account? You are treated not unlike an ordinary resident to the extent that local taxation is concerned. For London, the property tax is between £ 900 to £ 1,200 per year. The license River add another £ 1,000 per year for your living expenses. The cost of insurance in respect of your property and the boat itself the amount of £ 800 per year. There are maintenance costs of about £ 4,000 every 4 years. So set aside a £ 1,000 per year to pay these costs is essential when it comes time to avoid unpleasant surprises.

Finally, it is because flexible living you can move to another place up or down river. Buying a boat and pay for all the rest is a lot of money, it would seem. But these c.