Together Money Sailing Yacht Finance - Rate Table
| Product | APR Range | Max Term | Max LTV | Min Loan | Notes |
|---|---|---|---|---|---|
| Hire Purchase (HP) | 7.2% – 10.5% | 10 years | 70% | £25,000 | Adverse credit considered |
| Marine Mortgage | 7.5% – 11.5% | 10 years | 70% | £50,000 | Complex income, flexible criteria |
| Balloon HP | 7.2% – 10.8% | 8 years | 70% | £25,000 | Reduced monthly payments |
| Refinance | 8.0% – 11.5% | 8 years | 65% | £25,000 | Release capital from owned vessel |
Rates are indicative and for illustrative purposes only. Your rate will depend on your individual circumstances, credit history, vessel specification, and loan-to-value ratio. Rates correct as of October 2026 and subject to change.
Market Context
Together Money is a specialist lender known for its willingness to consider borrower profiles and situations that fall outside the appetite of mainstream banks. In the sailing yacht finance market, Together occupies an important position for buyers who have encountered refusals elsewhere due to adverse credit history, complex income structures, or non-standard vessel types.
Their rates start at 7.2% APR and can reach 11.5% at the upper end - a range that reflects the additional risk appetite they carry. For borrowers who can access mainstream bank rates, Together will rarely be the most competitive option. However, for those who cannot, Together can be the difference between completing a purchase and losing it.
Together's marine finance underwriting considers a wide range of situations: self-employed applicants with varied income, directors of small companies with complex profit/salary structures, borrowers with satisfied CCJs or defaults, and those who are recently self-employed. Their approach is case-by-case rather than purely algorithmic, which gives experienced brokers a meaningful ability to present and contextualise applications.
The 70% maximum LTV and 10-year maximum term are more conservative than lenders at the lower end of the rate spectrum, reflecting Together's risk-adjusted approach. These parameters are appropriate for buyers who have equity from a previous vessel sale or other assets to contribute as deposit.
Together is a useful component of a whole-of-market broker's panel precisely because they serve cases others cannot. Doulton Bridging Finance will always present Together's terms in context - if you can qualify for a mainstream bank rate, we'll tell you. If Together is the right fit, we'll ensure your application is structured to give you the best available pricing within their range.
Strengths
- Will consider adverse credit history - CCJs, defaults, and missed payments assessed in context
- Flexible approach to complex and self-employed income verification
- Genuine whole-of-market alternative for borrowers declined elsewhere
- Case-by-case human underwriting - not purely reliant on credit scoring
Considerations
- Rates from 7.2% to 11.5% APR - significantly higher than mainstream banks for buyers who qualify for the latter.
- Maximum 10-year term and 70% LTV - less generous than many competitors on these parameters.
- Best positioned as an alternative for those with credit or income complexity, not a first choice for clean applications.