Boat Buyers Legal Service a one stop legal and advice service for boat buyers
The Boat Buyers Legal Service takes care of all the legal help required when purchasing a boat and for a fixed fee price provides:
Yachting Lawyers will carry out searches with the Ship Registry, stolen boats records, credit searches, Companies House (where appropriate), Admiralty Court and other Finance Houses
Yachting Lawyers will hold deposit and purchase funds in a separate client account as stakeholder pending completion.
As well as providing peace of mind title searches and procuring transfer of legal title to new purchasers, Yachting Lawyers are able to provide advice to the buyer on the Agreement for Sale, review and inspect title documents and boat papers and work alongside brokers to facilitate the boat sale, including advising on solutions in the event of post survey disputes.
Part III Registration:
Included in the fixed fee is registration of the boat on the Part III (SSR) Registry.
What does it cost?
For all boats up to £100,000 purchase price, the discounted fee for this all-inclusive legal service is just £360 (including VAT) payable at the time of formal offer and £360 at completion. If the purchase is not formally completed after a survey by a qualified surveyor has taken place and the purchaser formally withdraws from the purchase, the second payment is not due.
This unique service is exclusively available through Boatshed and is available for all UK (including boats based in Gibraltar and the Channel Islands) based purchases. Please Note, for vessels over £100,000 purchase price, Part 1 Registry Boats or boats that currently lie outside of UK jurisdiction, Yachting Lawyers will be pleased to provide a customised quotation along similar lines to the potential purchaser.