Pegasus Marine Finance Berth Finance - Indicative Rates October 2026
| Scenario | APR Range | Max Term | Max LTV | Min Loan |
|---|---|---|---|---|
| Strong credit, low LTV berth purchase | 7.8%–9.3% | 15 years | 75% | £25,000 |
| Standard berth purchase | 9.3%–10.8% | 15 years | 70% | £25,000 |
| Complex ownership / older berth | 10.8%–12.5% | 10 years | 65% | £25,000 |
Rates are indicative for October 2026. Actual terms depend on berth type, marina, applicant profile and loan-to-value. Speak to us for a personalised illustration.
Pegasus Marine Finance Berth Purchase - What You Need to Know
Pegasus Marine Finance is one of the few UK lenders with a dedicated and deep specialism in marine finance across every asset class - from narrowboats to superyachts, and from vessel HP to marina berth mortgages. This specialism makes Pegasus uniquely well-positioned to assess berth finance applications on their merits.
Rates from Pegasus start at 7.8% APR - slightly above mainstream commercial property specialists like Shawbrook - but Pegasus's breadth of appetite more than compensates. They will consider right-to-use berth arrangements, short-leasehold moorings, purpose-built pontoon berths and unusual title structures that other lenders decline without review.
The 75% LTV ceiling is among the highest available for berth finance in the UK, and the 15-year maximum term minimises monthly repayments. The minimum loan of £25,000 also makes Pegasus accessible for smaller berth purchases in the £30,000–£60,000 range that other lenders won't touch.
A particularly valuable feature of Pegasus is their ability to package combined vessel and berth finance - a single application covering both the boat and the berth. For buyers acquiring a vessel and a permanent berth simultaneously, this simplifies the process considerably and often results in better blended terms than arranging the two separately.
Doulton Bridging Finance has strong relationships with Pegasus's team and regularly places berth finance cases with them, particularly where the title structure is unusual or the purchase involves a right-to-use arrangement.
Strengths
- Specialist marine lender - deep sector knowledge
- 75% LTV - matches Together as highest available
- 15-year max term
- Min £25,000 loan
- Combined vessel and berth finance available
- Accepts right-to-use arrangements
Limitations
- Rates slightly higher than mainstream property lenders
- Smaller lender - capacity constraints on larger cases