Lombard Motor Yacht Finance Rates - At a Glance
| Parameter | Detail |
|---|---|
| Indicative APR range | 5.5% – 8.5% APR |
| Maximum term | 12 years |
| Maximum LTV | 75% |
| Minimum loan | £50,000 |
| Finance type | Hire Purchase / Marine Mortgage / Balloon HP |
| Vessel types accepted | Motor yachts, cruisers, sports boats (GRP, steel, aluminium) |
| New & used | Both considered |
| Rate as at | October 2026 (indicative - subject to status and change) |
Market Context & Broker Commentary
Lombard, the asset finance arm of NatWest Group, offers the most competitive headline rate on the Doulton Bridging Finance motor yacht panel at 5.5% APR for well-qualified borrowers. As one of the largest asset finance operations in the UK - lending billions annually across commercial and leisure sectors - Lombard combines institutional scale with specialist marine expertise. For motor yacht finance, Lombard's strength is in well-structured, straightforward transactions: a creditworthy borrower, a sound vessel, a clean survey and a 25% or greater deposit. In these circumstances, Lombard can deliver terms that are difficult for specialist lenders to match on rate alone. Their NatWest Group parentage means substantial funding lines and no dependence on wholesale market fluctuations that can affect smaller lenders' pricing. The 12-year maximum term is shorter than the 15-year ceiling offered by several competitors, and this should be factored into monthly repayment calculations on larger loans. A £200,000 loan at 5.5% APR over 12 years carries a meaningfully higher monthly payment than the same loan over 15 years - though the total interest cost is lower. Buyers with strong cash flow who want to minimise total interest paid will find Lombard's shorter-term discipline attractive. Lombard's 75% LTV ceiling means buyers need at minimum a 25% deposit, which can be a limiting factor for first-time motor yacht purchasers. However, for buyers trading up from an existing vessel or those with sufficient liquid assets, Lombard frequently represents the most cost-effective financing route available on the open market.
Strengths of Lombard for Motor Yacht Finance
- Lowest starting rate on our lender panel at 5.5% APR
- NatWest Group backing - deep institutional funding capacity
- Strong appetite for high-value commercial and leisure marine assets
- Well-regarded for clean, efficient processing on straightforward cases
- Experience with both new and brokered used vessel purchases
Limitations to Consider
- £50,000 minimum loan excludes smaller purchases
- Maximum term of 12 years - shorter than several panel lenders
- 75% LTV requires a 25% minimum deposit
- Can be less flexible on complex or non-standard credit profiles