In a message dated 11/10/2009 14:15:46 GMT Daylight Time,  
[email protected] writes:

>From the hirer's point of view, apart from the cost of hire,  which 
couldn't possibly be sustained for 52 weeks, we seem to be  'cocooned' to some 
extent from the effects of BW's charging and ruling  regime. I wonder if it is 
still wise for me to resist the temptation of  buying my own. I think so. ( 
So far anyway.)




I own a share in a boat through Ownerships - one-twelfth share which  give 
me a guaranteed 3 weeks, 2 of which are between April and September  and the 
third one outside that period. In addition any weeks not taken up  (your 
maths might tell you that 12 times 3 is only 36 weeks!) can be taken  by the 
owners for no extra payment to the management company. Our owners  have a 'no 
poaching agreement' so that once the management company have  finished 
circulating the rota for next year, we pass it round again to put  a marker up 
for our 4th week.
 
My lifestyle (and budget) don't allow much more than 3-4 weeks anyway  so 
it suits me - and our owners are generally like-minded so our owners  
meetings are quite easy. Having 12 shareholders means we only have to pay  
one-twelfth of licence, insurance, mooring fees, maintenance, management  fees, 
etc. 
And at times they have a limited scheme which even  allows you to duck 
management fees.
 
DaveD

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