October 2026 Rate Table - All Panel Lenders
| Lender | Rate from (APR) | Rate to (APR) | Max term | Max LTV | Min loan |
|---|---|---|---|---|---|
| Investec Private Finance | 5.2% | 7.8% | 15yr | 70% | £250,000 |
| Lombard | 5.5% | 8.5% | 12yr | 75% | £50,000 |
| Close Brothers | 5.7% | 9.2% | 15yr | 80% | £25,000 |
| Black Horse | 5.9% | 8.9% | 15yr | 80% | £25,000 |
| Barclays | 6.2% | 9.5% | 15yr | 75% | £50,000 |
| Yorkshire Bank | 6.3% | 9.5% | 12yr | 75% | £50,000 |
| Pegasus | 6.4% | 10.2% | 20yr | 85% | £10,000 |
| United Trust Bank | 6.5% | 9.8% | 15yr | 75% | £50,000 |
| Shawbrook | 6.8% | 10.5% | 10yr | 70% | £50,000 |
| Aldermore | 6.9% | 10.4% | 10yr | 70% | £50,000 |
| Together Money | 7.2% | 11.8% | 10yr | 70% | £50,000 |
| Rankin | 7.8% | 13.0% | 20yr | 85% | £10,000 |
Rates are indicative as at October 2026 and subject to change. Your actual rate depends on credit profile, vessel age and condition, LTV and term. This table does not constitute a quote or financial advice.
How to Get the Best Motor Yacht Finance Rate
The single most effective thing a motor yacht buyer can do is use a whole-of-market broker to run a simultaneous comparison across every panel lender, rather than approaching lenders one by one. Each direct application creates a credit footprint; a broker search through a single soft credit check preserves your credit file while returning the full market picture.
Key Factors That Affect Your Rate
- Deposit size: The more you put down, the lower the LTV and the better the rate. Moving from 20% to 25% deposit can save 0.3–0.8% APR with most lenders.
- Credit history: A clean credit file with no adverse marks in the past three years typically qualifies for the lender's best-tier pricing.
- Vessel age: Newer vessels (under 10 years) attract the keenest rates. Older craft may face higher rates or reduced LTV.
- Term length: Shorter terms usually attract lower rates (less lender risk), but increase monthly repayments significantly.
- Vessel value: Higher-value purchases (£250k+) unlock Investec Private Finance at 5.2% APR - a rate unavailable to sub-threshold purchases.
- Borrower type: Employment status, income documentation and trading history all feed into lender pricing tiers.
The Best Lender for Different Buyer Profiles
Investec Private Finance
5.2% APR from. For high-value vessels (£350k+) and HNW borrowers. Private banking terms.
Lombard / Close Brothers
5.5%–5.7% APR from. Clean credit, 25%+ deposit, mainstream vessel.
Pegasus / Rankin
85% LTV - lowest deposit requirement. Longer terms up to 20 years.
Together / Rankin
Adverse credit, complex income, unusual vessel types - specialist flexible lenders.
Shawbrook / UTB
SPV, limited company and director-guarantee structures considered.
Pegasus / Rankin
From £10,000. Suitable for smaller craft, sports boats and day cruisers.
Lender rate pages
Each lender's full criteria, rates and our verdict for this vessel type, October 2026.
- Aldermore Motor Yacht Finance Rates
- Barclays Motor Yacht Finance Rates
- Black Horse Motor Yacht Finance Rates
- Close Brothers Motor Yacht Finance Rates
- Investec Private Finance Motor Yacht Finance Rates
- Lombard Motor Yacht Finance Rates
- Pegasus Motor Yacht Finance Rates
- Rankin Motor Yacht Finance Rates
- Shawbrook Motor Yacht Finance Rates
- Together Money Motor Yacht Finance Rates
- United Trust Bank Motor Yacht Finance Rates
- Yorkshire Bank Motor Yacht Finance Rates