Together Narrowboat Finance - Rate Table (October 2026)
| Finance Type | Rate From | Rate To | Max Term | Max LTV | Min Loan |
|---|---|---|---|---|---|
| Hire Purchase (Narrowboat) | 6.5% APR | 10.8% APR | 15 years | 75% | £25,000 |
| Hire Purchase (Widebeam) | 6.5% APR | 10.8% APR | 15 years | 75% | £25,000 |
| Liveaboard Narrowboat | Rate on application | 10.8% APR | 15 years | 75% | £25,000 |
| Refinance / Equity Release | Rate on application | 10.8% APR | 15 years | 75% | £25,000 |
Rates as at October 2026. Indicative only - subject to credit assessment, boat survey, LTV and individual lender criteria. A BSS certificate and CRT licence are required for all inland waterways craft.
About Together Narrowboat Finance
Together is one of the most genuinely specialist lenders in the UK market for unusual and non-standard assets - and the narrowboat market is precisely the kind of sector where Together's philosophy sets it apart from the mainstream. Where a high-street bank may struggle to categorise a 57ft widebeam narrowboat used as a primary residence with a residential mooring licence, Together's underwriting team understands the asset class intimately and prices it accordingly.
The lender's entry rate of 6.5% APR is joint lowest in this comparison set alongside Close Brothers - but Together extends to a 15-year maximum term where Close Brothers does not. This combination of competitive pricing and extended tenure makes Together particularly attractive for buyers of higher-value widebeam narrowboats or those purchasing primarily as a liveaboard who want to manage monthly outgoings over a longer period.
Together has financed a broad range of canal and river craft including traditional narrowboats, wide-beam boats, Dutch barges, and converted working vessels. The lender takes a pragmatic view of asset age and specification provided the condition is supported by a current hull survey. It is comfortable with boats used as primary residences and understands the regulatory environment around residential mooring licences, CRT licensing, and BSS certification.
For applicants with some credit complexity - past defaults that have since been satisfied, a period of self-employment with variable income, or a county court judgement now settled - Together's flexible underwriting approach means it can often find a workable solution where more conservative lenders have declined. The rate will be higher in these cases, but access to finance at all may be the priority for some borrowers. Doulton Bridging Finance regularly places narrowboat finance with Together and can provide a frank assessment of whether your profile is likely to attract competitive terms.
Together - Key Advantages
- Highly competitive entry rate of 6.5% APR - joint lowest in the market
- Extended 15-year term - significantly reduces monthly repayments
- Genuine specialist in unusual and non-standard assets - very comfortable with narrowboats
- Strong track record financing liveaboard craft and residential canal boats
- Flexible underwriting - can consider complex income and credit histories
Together - Considerations
- LTV capped at 75% - requires a 25% deposit
- Minimum loan of £25,000 - does not suit smaller transactions
- Rate can rise significantly for adverse credit - up to 10.8%
- Less well-known name than high-street alternatives - some applicants prefer familiar brands