Tips on Buying
Buying a boat is probably the second biggest outlay you will ever make. Most boat sales, whether new or second-hand, go through without any legal hitches. However, it makes sense to carry out a few basic checks before parting with your money, so please take a few minutes to read this section (or print it off to read later) before you actually commit to buying either a new boat or a used boat.
Buyer beware!
It’s essential to see the seller’s proof of ownership before you commit to buying – walk away if the necessary documents can’t be produced.
You’ll also need evidence of clear title to the vessel (no outstanding credit remaining), and Bank of Scotland Marine Finance can help with checking this.
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