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30-08-2005, 04:08 PM
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#1
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BananaShark Member
Country: UK
Location: Salcombe South Devon
Occupation: Racer and builder
Interests: Winning races
Boat name: BananaShark
Boat make: BananaShark 34' Race
Engines: Twin Yanmar BY 260's
Join Date: Mar 2004
Location: Salcombe South Devon
Posts: 4,638
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Finance question
Does anyone know if there is now a central record of finance held on a boat in the same way that finance on cars is recorded?
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Cookee
British Champions! RIB Formula 1 2005
National Speed Record Holder at 90.15 (still)
www.bananasharkracing.com
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30-08-2005, 04:16 PM
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#2
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Registered User
Country: Job Centre
Location: In a box
Occupation: Chaos's gofer
Interests: Skiving
Boat make: Spectre 30
Engines: 2 x Promax 225
Cruising area: In the bath
Join Date: Mar 2004
Location: In a box
Posts: 5,201
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Suprisingly not! It's up to the seller to prove title. You can't even ask the usual lenders, as data protection prevents them from telling you.
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30-08-2005, 04:16 PM
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#3
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Registered User
Location: GOLDEN MILE
Boat name: LILY THE PINK AND TERMINATOR 11
Boat make: PHANTOM 21 AND 20
Engines: 2.5 EFI X 2
Join Date: Mar 2004
Location: GOLDEN MILE
Posts: 2,475
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there isn't,but if its on ssr they usually record liens against the boat.
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PLEASE DON'T STEAL...THE GOVERNMENT DON'T LIKE THE COMPETITION
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30-08-2005, 06:33 PM
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#4
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Chief C*nt!
Country: United Kingdom
Location: Brighton
Occupation: Sparkler prefect
Interests: Boats
Boat make: Other people's mostly
Join Date: Mar 2004
Location: Brighton
Posts: 872
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Quote:
Originally posted by roofer
there isn't,but if its on ssr they usually record liens against the boat.
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I don't think that's right. An SSR registration simply records the information as submitted on the application form, and means nothing at all!
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What could possibly go wrong?
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31-08-2005, 07:43 AM
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#5
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Senior Member
Country: UK
Location: Christchurch, Dorset
Occupation: Marine Engineer-ish
Interests: Boats, Cars.
Boat name: Splash 4
Boat make: Hunton
Engines: Mercruiser 640
Cruising area: Poole, Solent
Join Date: Feb 2005
Location: Christchurch, Dorset
Posts: 599
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PArt 1 registration records details of any shares in a boat as parts of 64. It's a historic thing from the days when sailing ships were owned by big consortiums of people up to a 64th. If you own the whole boat you have 64/64, half the boat 32/64 etc. The registration also includes any details of moneys loaned against the boat. HPI also ran a scheme with the British Marine Federation where new boat sale loans were recorded with them, not actually sure wethere that is still going, think it waas called Boatmark or something.
Cookee I did have a quick look at your ally step off boxes in Cowes and the angle would probably be too tall to waterjet cut, happy to have a go though. You weren't around at the time otherwise I would have stopped to chat, but I will send you a brochure.
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31-08-2005, 08:03 AM
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#6
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BananaShark Member
Country: UK
Location: Salcombe South Devon
Occupation: Racer and builder
Interests: Winning races
Boat name: BananaShark
Boat make: BananaShark 34' Race
Engines: Twin Yanmar BY 260's
Join Date: Mar 2004
Location: Salcombe South Devon
Posts: 4,638
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Thanks mate, if you give me your maximum height then maybe we can do some design work to make it possible!
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Cookee
British Champions! RIB Formula 1 2005
National Speed Record Holder at 90.15 (still)
www.bananasharkracing.com
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31-08-2005, 11:08 AM
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#7
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Large member
Country: England
Location: On the farm
Occupation: General Trouble Causer Salterns Boatyard
Interests: Official smartass
Boat name: Seahorse.org
Boat make: a V24 and a SLOW unstable ICE Bladerunner
Engines: 2x300 promax, 320 Volvo
Cruising area: England/France & Med
Join Date: May 2005
Location: On the farm
Posts: 2,681
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SSR holds no such info. - additionally anyone who is british can just apply for an SSR. I have - by accident - TWO ssr's for the raceboat!
Full ships register does hold the information if it is sent by the person making the loan.
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