Together Money Motor Yacht Finance Rates - At a Glance
| Parameter | Detail |
|---|---|
| Indicative APR range | 7.2% – 11.8% APR |
| Maximum term | 10 years |
| Maximum LTV | 70% |
| 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
Together Money is a well-established specialist lender that has carved a distinctive niche in the UK finance market by saying yes where mainstream lenders say no. For motor yacht finance, Together occupies a specific role on the Doulton Bridging Finance panel: it is not the first call for a strong-credit buyer with a large deposit, but it is frequently the right answer for borrowers whose profiles don't fit standard lending boxes. Where Together excels is in the breadth of borrower profiles it will consider. CCJs settled more than 12 months ago, self-employed individuals without three full years of accounts, buyers purchasing through holding company structures with complex inter-company lending, or simply those who have recently changed employment - Together's underwriters will review the full picture rather than applying automated scoring that rejects on a single data point. For motor yacht purchases specifically, Together will also consider unusual vessel types that mainstream lenders may decline: converted commercial vessels, older steel-hulled craft, wide-beam motor cruisers used as liveaboards, and vessels flagged in less common registries. This flexibility has real value for buyers who love a vessel that doesn't fit the standard GRP leisure cruiser template. The cost of this flexibility is a higher rate: at 7.2–11.8% APR, Together is among the more expensive options on the panel for borrowers with clean profiles. A good-credit buyer can almost certainly do better elsewhere. However, for the borrower who has been turned down by Barclays, Lombard and UTB, Together may be the path to completing the purchase - and at that point, the rate comparison is against no finance rather than against a competitor offer.
Strengths of Together Money for Motor Yacht Finance
- Strong appetite for non-standard and complex borrower profiles
- Considers adverse credit, CCJs and non-standard income sources
- Experienced across both secured and unsecured lending structures
- Can accommodate unusual vessel types that mainstream lenders decline
- Flexible attitude toward intended use including charter income
Limitations to Consider
- Higher rate starting at 7.2% APR - reflects the broader risk appetite
- Rate can reach 11.8% for more complex credit profiles
- Shorter 10-year maximum term means higher monthly repayments
- 70% LTV requires a 30% deposit minimum
- Not competitive for A-credit borrowers who can access better rates elsewhere