Ireland's sailing, boating & maritime magazine

Bargains Aplenty In Britain's Used Boat Market - But 'Buyer Beware'

10th January 2014
Bargains Aplenty In Britain's Used Boat Market - But 'Buyer Beware'

#BuyingABoat - The head of a UK yacht brokers association has urged those thinking of buying a boat in 2014 to beware as prices tumble in Britain's second hand market.

As Jane Gentry - CEO of the Yacht Brokers Designers and Surveyors Association (YBDSA) - tells Sail-World, pressure to make quick deals and grab bargains has turned the used boat market in the UK "into a ticking time-bomb".

Lack of understanding of the requisite legal processes for transferring boat ownership - essential paperwork handled for a small fee by yacht brokers - will mean "the marine industry is going to have all kind of problems with undocumented boats", says Gentry, who adds that the many vessels already on the market that lack a proper paper trail make the sector "a legal minefield for future buyers and sellers".

Sail-World has much more on the story HERE.

Published in Marine Trade
MacDara Conroy

About The Author

MacDara Conroy

Email The Author

MacDara Conroy is a contributor covering all things on the water, from boating and wildlife to science and business

We've got a favour to ask

More people are reading than ever thanks to the power of the internet but we're in stormy seas because advertising revenues across the media are falling fast. Unlike many news sites, we haven’t put up a paywall because we want to keep our marine journalism open. is Ireland's only full–time marine journalism team and it takes time, money and hard work to produce our content.

So you can see why we need to ask for your help.

If everyone chipped in, we can enhance our coverage and our future would be more secure. You can help us through a small donation. Thank you.

Direct Donation to Afloat button