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Make Your House on a Boat?

With the rising costs of homes these days, many people are thinking of creative ways to purchase something they can call their own. We all know about the tiny house movement. Now, people are also considering buying a boat as a home. Boat numbers have risen significantly in the last few years. There are about 28,000 boats being used either as a main or second home on the canals and rivers in the UK. The demand keeps growing and the number of boats in the capital has increased by more than 50% since 2012.

Boats can cost from  £5,000 for a small boat to much more than £100,000 for the most upscale.

Interestingly, if you’re looking for a loan to buy that boat, you can check out Shawbrook Bank which lends against narrowboats, Dutch barges, wide-beam canal boats and motorboats. All boat users have to have a British Waterways Licence and a fee which depends on the size of the boat.