81. Narrowboat shared ownership

#narrowboat #narrowboats #canal #canals #liveaboard #cruisingthecut
Got a question? Read this!
www.CruisingTheCut.co.uk/f-a-q/
Boat & Filming gear I use:
www.CruisingTheCut.co.uk/gear/
Twitter: / cruisingthecut
Instagram: / cruisingthecut
Facebook: / cruisingthecut
Web: www.CruisingTheCut.co.uk
Tip jar at www.ko-fi.com/davidjohns
or / cruisingthecut
Get your Cruising the Cut mugs, t-shirts and other merch here: cruisingthecut.myspreadshop.c...
Buying anything via this Amazon link gets me a commission to help me keep the videos coming. Thank you! geni.us/CtC_CanalBoats
Theme music: "Vespers" by Topher Mohr and Alex Alena, from the KZread music library

Пікірлер: 323

  • @harrytomlinson6372
    @harrytomlinson63727 жыл бұрын

    Congratulations to the production team and Barry for this presentation on "Shared Ownership". Well covered and concise in my estimation as a fellow "co-owner" of Dawn Treader.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Haha, "production team" - aka me! Glad you liked it. Lovely boat :-)

  • @barrydoran4336

    @barrydoran4336

    7 жыл бұрын

    Well done Dave very professional job.

  • @rogerking7258
    @rogerking72585 жыл бұрын

    Speaking as someone who used to own a share in the 1990s and 2000s, may I add a few comments? Basically, for us, it worked brilliantly, but you really do need to check your fellow owners out before buying. We had at least one "nutter" who wanted all sorts of things done to the boat that no-one else agreed with. We were able to outvote them, but there's less friction if you can avoid this. Secondly, do make certain that you really are buying a share and not timeshare. The industry is littered with companies that have gone bust, leaving the owners without the services they may have just paid for; but at least you will still own the boat in this situation. The company that ran our boat (Ownerships) went bust three years after we sold our share and it caused a lot of grief for the owners, not only in lost maintenance fees, but also with boatyards refusing to release boats until invoices were paid. In practice, the boatyards had no case in law because their contract was with the operating company and not with the boat owners. You do need to check that the operating company carries out maintenance properly too - the best way is to talk to existing owners and see how happy they are. During the eight years that we owned a share, Ownerships left us with very little to complain about and we were eventually able to sell our share for very nearly what we had originally paid. It was much cheaper than hiring with the added bonus of feeling that it was OUR boat. It's just a shame that Ownerships folded a few years later, so do your research - and enjoy!

  • @CruisingTheCut

    @CruisingTheCut

    5 жыл бұрын

    Excellent advice, thank you!

  • @caskwith
    @caskwith7 жыл бұрын

    Your videos on ownership and the practicalities of canal boats are really superbly made, you are putting your journalistic skills to great use, they are informative and enjoyable to watch.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Thank you :-)

  • @jackneff179
    @jackneff1797 жыл бұрын

    Great info here David...thanks for taking the time..Jack

  • @sgit1
    @sgit15 жыл бұрын

    Right Guest + Right Interviewer = Cracking Good Vlog. (In the States but picking up a few phrases - although this one from Wallace and Gromit.)

  • @renozirk3279
    @renozirk32797 жыл бұрын

    Another brilliant vlog!

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Cheers

  • @forgivenessisasixgun
    @forgivenessisasixgun7 жыл бұрын

    I live in the usa. I had no idea what a narrow boat was but I find the idea fascinating I live in the open plains so the closest big water source I have near me is the Colorado River. I think it would be neat to give it a shot. I guess this is similar to the people that live in rvs here and travel the long open roads here in wyoming

  • @akeman21
    @akeman217 жыл бұрын

    "Emergency cup of tea" haha, so British :) Great vlog m8.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    A mere lack of tea is practically an emergency in itself!

  • @CountryHouseGent

    @CountryHouseGent

    7 жыл бұрын

    CruisingTheCut Absolutely. Enjoying my first cup in 2 days. Ran out of Tetley and had to fix the car before I could get out and buy some. Nightmare !!!

  • @johnbrookes2196
    @johnbrookes21967 жыл бұрын

    Very good vlog David. This method would certainly help people decide if they should go onto full ownership.

  • @ynys_mon6928
    @ynys_mon69284 жыл бұрын

    We have a share in a BCBM managed boat, but it’s a boat on the Norfolk Broads, not the canals. So far we think it’s the best thing we’ve done. We have four weeks allocation per year (one week per season) and our annual costs are less than the equivalent of a week in summer on a hire boat. We are missing out on our May allocation because of the Covid-19 lockdown, but we did manage to get an extra week on the boat last November as another share holder decided at short notice not to take their week and offered it up to other members. In sum, syndicate ownership is something I would recommend, and we find BCBM very professional.

  • @Dogtagnan
    @Dogtagnan5 жыл бұрын

    "Sinking Fund" is an unfortunate name.

  • @davidw1518
    @davidw15184 жыл бұрын

    A really interesting video, thank you! I've previously said I wouldn't want the trouble of owning a boat (even if I could afford it!), but managed shared ownership is worth serious consideration.

  • @MichaelsMustang
    @MichaelsMustang4 жыл бұрын

    Thank you David and Barry as well. I knew this existed but knew very little about it and the key seems to be an efficient management company that attracts the right owners as in their case it all works and yes Barry hit the nail on the head the boat is well maintained and cleaned after each owner uses it.

  • @17leeward
    @17leeward7 жыл бұрын

    I bought a share in a narrowboat last year. Best thing I ever did. No way I could afford a boat of my own. My 1/12th (4 weeks) share cost me £1500 and I pay £100 pm as my share of costs (insurance, licence etc). Compared to about £1000 pw to hire it's great value. It's amazing that although you only own a share, when you're on it, it does feel like your own boat. Great bunch of people in my syndicate which is 'self-managed'

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Excellent! Nice to hear another happy co-owner story. Cheers

  • @bbrockert

    @bbrockert

    2 жыл бұрын

    Why do you think shares are so much cheaper than renting? Is it that rental companies are stocked for high season and have low utilization in the off season, so a few months of operating has to pay for the whole year's costs? Or that rentals are more likely to get beaten up and require more maintenance, similar to the way some people drive rental cars? Or is there some barrier to entry for rental companies that doesn't apply to a shared boat?

  • @matak99
    @matak995 жыл бұрын

    Another good, informative vlog. I like your style of interviewing/reporting.

  • @waynemorton2216
    @waynemorton22162 жыл бұрын

    Having watched this video and some further research we have just purchased a share of a narrowboat from BCBM and cant wait to spend our week afloat. Thank David for the info in this video as helped us greatly with our decision

  • @andykayll1414
    @andykayll14147 жыл бұрын

    very interesting vlog. food for thought. think i will look into it abit more.

  • @coldstartdaily9738
    @coldstartdaily97387 жыл бұрын

    again this is one of the best boat video series i've ever seen be it on TV or internet. You're bloody good at what you do mate, really enjoy the videos!

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Awww, thanks

  • @n3iyr
    @n3iyr7 жыл бұрын

    Thank you for your efforts. I find your video's strangely addicting. Perhaps since they are so honest (unlike the evening news), and so well presented. It's like having a friend show me around. I'm in the US, so it gives me great insight into life there in general, and a peek into a lifestyle that's hardly known. Again, thank you. "cheers" as you say. Please... carry on.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    I shall! Thanks for watching :-)

  • @nickcheney8937
    @nickcheney89377 жыл бұрын

    Brilliant. What a great idea and a stepping stone to full boat ownership. Thanks to schemes like this, it makes it much more affordable and more accessible for those of us wanting enjoy the canals but who don't have the ready access to funds or a loan to buy a boat outright. Thanks for sharing.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Cheers Nick

  • @simplefoodsimplelife9632
    @simplefoodsimplelife96327 жыл бұрын

    Lovely as always and beautifully presented. I always look forward to your latest vlog.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Ta

  • @bnadvornik
    @bnadvornik7 жыл бұрын

    Never been cheering for Spring to come in the UK until I started watching your videos. Good to see you survived the winter and I look forward to watching all summer. Best wishes and smooth cruising.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Cheers Bill

  • @andyrbush
    @andyrbush4 жыл бұрын

    Giving this some serious consideration as it is cheaper than saying in a hotel, plus love the idea.

  • @kenlynch6332
    @kenlynch63327 жыл бұрын

    Well done & informative as always

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Thanks Ken

  • @hoppend
    @hoppend7 жыл бұрын

    Lovely video! Keep it up, want to see you out and about on your boat this summer!

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Coming soon! Just hope this lovely weather holds :-)

  • @michaelmacphail5567
    @michaelmacphail55677 жыл бұрын

    My favorite channel. Thanks for posting such great content!

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Thank you!

  • @contrafax
    @contrafax2 жыл бұрын

    Good objective reporting, love it.

  • @CallmeRogerRoger
    @CallmeRogerRoger7 жыл бұрын

    I'm so very impressed with your channel. You really have a gift for film and commentary. I'm American and have visited the UK several times. We dream of owning a narrowboat and cruising full-time for a year or two. We're planning to take our first step with a two week Scotland holiday on a narrowboat on the Union and the Forth and Clyde. We want to take our time. Anyway, I love your channel and have watched every single episode. Thanks for all your hard work. Cheers.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Thank you for watching and those kind words, much appreciated. I hope you have an amazing time in Scotland. Cheers

  • @annepegum3351
    @annepegum33514 жыл бұрын

    As ever David you make what could be a fairly complex issue incredibly clear & understandable. I'm sure there's a career for you as TV reporter somewhere / some time !! Ha ha !!

  • @richardlaundon
    @richardlaundon7 жыл бұрын

    This sounds like a great idea especially for people maybe thinking of buying a boat in the future but don't want to shell out for a whole one for now. Sort of the next step up from having a weeks holiday on one.

  • @harrytomlinson6372

    @harrytomlinson6372

    7 жыл бұрын

    Having owned two boats outright in the past, I'm an established co-owner on Dawn Treader. In my opinion there is little advantage to owning outright unless your able to cruise at least two or three months a year, or have very deep pockets. It's a chore if you sole own trudging to it regularly enough to keep the damp at bay over winter when you can't use it. A syndicate boat is more likely to be used and kept "aired". BCBM provide a service to check it and as necessary provide "trace heating" if it's not used. Boats in my experience suffer more from "standing idle " than being used by caring owners with a good maintenance provision.

  • @robinbennett5994

    @robinbennett5994

    7 жыл бұрын

    It's great if you want to take the same holiday every year, on the same boat, especially if you want more than one week a year - but hiring allows you to take a bigger boat if you want to bring friends, or visit another part of the country, or another country entirely. As usual, flexibility costs extra.

  • @stotas2
    @stotas27 жыл бұрын

    I am envious of your video skills well done

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Thank you!

  • @atlas7521
    @atlas75217 жыл бұрын

    Nice video. Really informative! Keep up the good work!

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    :-)

  • @juliephelps2026
    @juliephelps20267 жыл бұрын

    Hi David and Barry. Well done on another great video - what a pro! Barry, you summed up shared ownership really well. We hired, then shared, then recently bought our own boat, as we're now retired and would like to spend more time cruising. Shared ownership gave us a lot of valuable boating experience and some excellent holidays. BCBM is a great management company and the "Dawn" series are lovely boats. Enjoy your holidays, all sharers out there!

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Cheers Julie

  • @barrydoran4336

    @barrydoran4336

    7 жыл бұрын

    Thank you Julie.

  • @carolshuturan3071
    @carolshuturan30717 жыл бұрын

    This is very exciting. I will have to show my husband this video. A few weeks on a narrow boat would do us good!

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Haha, that's it - you're going to do it, aren't you?! :-)

  • @barrydoran4336

    @barrydoran4336

    7 жыл бұрын

    Carol it's a great holiday.

  • @davidbagley1783
    @davidbagley17833 жыл бұрын

    166 thousand subscribers...good job Dave..

  • @lornajaneadventures
    @lornajaneadventures7 жыл бұрын

    This was really interesting and Barry seems like such a nice guy

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    He and his family were lovely!

  • @lornajaneadventures

    @lornajaneadventures

    7 жыл бұрын

    Ooh I have a question! Do they allow pets?

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    That is a good question! Don't know.

  • @lornajaneadventures

    @lornajaneadventures

    7 жыл бұрын

    Also can they sub-let?

  • @barrydoran4336

    @barrydoran4336

    7 жыл бұрын

    CruisingTheCut yes boats do allow pets. check out www.bcbm.co.uk for all details.

  • @greggclarke7510
    @greggclarke75107 жыл бұрын

    Your videos make me want to live on a narrow boat even though I live in the USA. Early in USA history, we had a canal system for transport of goods too. Many barges were drawn by horses. Too bad they were not maintained and used like you do in the U.K. Of course, the winters are more severe in many areas where they were used. Seems like a great life. Nice video as always.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    It is a lovely life, especially now the sun's started shining again. Cheers!

  • @Philhoppermiller

    @Philhoppermiller

    7 жыл бұрын

    We have buyoues in Louisiana where boats can travel.

  • @stevecooney1361
    @stevecooney13617 жыл бұрын

    Yep never thought of shares. might well look into this as well. Good vid 👍

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    :-)

  • @RobinRobertsesq
    @RobinRobertsesq4 жыл бұрын

    I really like the layout of the share boat featured

  • @TheChrysler56
    @TheChrysler565 жыл бұрын

    Thanks for that. This could be the ideal way of enjoying some great holidays on the canal network. Been looking for a boat we could actually own ourselves for quite a while now but “She Who Cracks the Whip” isn’t keen on the idea of buying a narrowboat. It takes 100% agreement and commitment to sell up the bricks and mortar to have a new lifestyle change. Looks like I’m going to be busy hauling through the companies who market these schemes. It’ll have to be a spanking clean, not necessarily new boat but has to be a clean and well maintained and managed boat for us. Downside could be we own a dog who we love, he would have to be part of the deal. So thanks again for posting this Vlog. It was very interesting.

  • @tinac4140

    @tinac4140

    4 жыл бұрын

    Some syndicates allow dog owners some not, all the ownership boats I have seen have had a high standard of cleaniliness and repair, as the costs are shared between owners it often means that jobs are done as they are noted and hte boat constantly looks nice. so I hope you find what you are looking for

  • @steveuk2743
    @steveuk27437 жыл бұрын

    Sadly I have come to the end of watching your current 81 blogs, keep up the good work

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    More soon! Cheers

  • @gertvandenheever5302
    @gertvandenheever53024 жыл бұрын

    I think this is an excellent solution for someone who can not / does not want to live aboard. Sharing something with someone less neat, tidy, meticulous, concerned with things, can surely proof to be a problem, but having mindlike shareholders on the other end can surely (as said) add to the joy of sharing and saving!

  • @lconcord
    @lconcord7 жыл бұрын

    This was such a cool video! As someone in a previous comment said, this seems like something we Americans (sadly without our own canals at home!!) could take advantage of! More personal research needed on our end for logistics. Thanks for this informative video!

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Glad it was useful! Yes, it works if you know you want to take such a holiday regularly each year. Otherwise just a standard hire boat might work better. Lots of options!

  • @century2298

    @century2298

    7 жыл бұрын

    Ohio had at one time a thousand miles of canals. Sadly the longest stretch left is 44 miles. It's used mostly to share water now. Very few spots left as ponds and not connected anymore. NY and PA might have tiny stretches.

  • @lconcord

    @lconcord

    7 жыл бұрын

    So sad that we don't have more canals! Thanks for the info!

  • @nickcheney8937

    @nickcheney8937

    7 жыл бұрын

    Perhaps you can instigate a canal revival in the US. The reason many of our canals still exist in Britain today is because of the dedication and hard work of people to restore many of the canals that fell into ruin and disrepair after the industrial revolution.

  • @Carknocker001

    @Carknocker001

    6 жыл бұрын

    Century22 The Erie Canal currently has approximately 350 miles of navigable waters and is part of the Great Loop, a 5,000-7,500 mile circuit extending from Florida to Canada and utilizing canals, lakes and the Intracoastal Waterway.

  • @cookingonthecorsican8733
    @cookingonthecorsican87337 жыл бұрын

    Yes very good we have the same thing here on the broads , not something i would like to do but it works for those who do thanks David ...

  • @JPinFuerteventura
    @JPinFuerteventura7 жыл бұрын

    Interesting video David and a lovely boat. Btw I watched all of an enthralling 1 minute 45 second car advert first so that's perhaps a tea bag on me.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Haha, well done!

  • @michaelhiggins7365
    @michaelhiggins73653 жыл бұрын

    I'm seriously considering this option as I am nearing retirement. And, as Jim below has mentioned, we Americans get the boot after six months, so perhaps a two or three month share might work well for me.

  • @TheCrapcakes
    @TheCrapcakes7 жыл бұрын

    Great video, really enjoyed the tour of the boat. I have a couple of questions for you: 1. Have you fixed the horn on your boat yet or are you leaving the old one? 2. Have you thought about replacing the front lamp with an led light bar to give you much better visibility? and possibly placing a few small led lights along the sides to help with tunnel guiding and nice lighting when you're moored up.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    I have reinstated the original horn and yes I have replaced the old tunnel light with an LED one. I also keep a portable LED floodlight at the back now, for tunnels. Cheers.

  • @bosse641
    @bosse6417 жыл бұрын

    Great solution for many.

  • @SandraNelson063
    @SandraNelson0637 жыл бұрын

    This is a great way to find out if the boating life is right for you. I imagine some folks would do this share system for a while, and then decide to retire to a boat. The Dawn Treader IS a lovely boat. And I still say that England is beautiful even in dull weather.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    :-)

  • @The_Arby
    @The_Arby7 жыл бұрын

    Nice to see another video :-) Hope you good mate..

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Did my back in a week ago lifting the anchor very awkwardly but otherwise fine!

  • @The_Arby

    @The_Arby

    7 жыл бұрын

    Ouch!...Know how that feels..

  • @SamSitar

    @SamSitar

    7 жыл бұрын

    where do you anchor your boat on a canal? i know about tying it to metal rods.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    You don't anchor, you tie up to the side using ropes, chains and mooring pins.

  • @johnmctaggart4757
    @johnmctaggart47577 жыл бұрын

    Hi, I live in Detroit, Michigan, USA and have recently found your vlog's on narrowboats. I have just finished watching all of your videos and have so much enjoyed them. I wonder if I could ask a question, I watched your vlog on your master plan for this summer and curious to know if you ever would have plans to go up to Wigan. My Mother was born there and it has been more than 50 years sense I was there. No doubt it has changed and would love you to do a vlog of that area. Please keep up the vlogs, I know I speak for a lot of people when I say they are so enjoyable and we all look forward and wait patiently for your next adventure.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Thank you! I don't have any plan to get to Wigan this year (at least I don't think so; I must confess I'm not entirely sure where it is!), sorry.

  • @thecanucklehead7351

    @thecanucklehead7351

    7 жыл бұрын

    Pretty sure Robbie Cumming did a little bit about Wigan on one of his vlogs over the winter if you are interested - think it was only a flying visit though.

  • @ThisNarrowboatAdventure
    @ThisNarrowboatAdventure7 жыл бұрын

    I always wondered how these worked!

  • @annettefournier9655
    @annettefournier96557 жыл бұрын

    What a good arrangement for people who cannot live full time on a boat but still want to enjoy the life or get their feet wet so to speak about narrow boat living. Looks like lovely weather on the canals. We just had a blizzard. Arrgh😒

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Glorious sunshine here today ;-)

  • @annettefournier9655

    @annettefournier9655

    7 жыл бұрын

    I am green with envy. Just in time for St. Patrick's day. Ha!

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    I nearly bought an ice cream, it's that nice ;-)

  • @annettefournier9655

    @annettefournier9655

    7 жыл бұрын

    Your killing me 😵😭😲 Full snow gear just to take the kids to school this morning!

  • @Philhoppermiller
    @Philhoppermiller7 жыл бұрын

    Very interesting.

  • @ncplantdoctor
    @ncplantdoctor7 жыл бұрын

    Interesting and quite a thorough job of documenting both the boat and the process of sharing. Maybe one day you'll be selling boats !! Nice touch, too, getting an Irishman up on KZread just in time for St Patrick's Day. With my last name being Dougherty, that pleases me !

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Haha, excellent! I've been toying with offering a video boat-selling service through my channel...

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    :-)

  • @barrydoran4336

    @barrydoran4336

    7 жыл бұрын

    Happy St. Patrick's Day.

  • @joannapocock6055
    @joannapocock60557 жыл бұрын

    very interesting

  • @flamenco1961
    @flamenco19617 жыл бұрын

    Nifty how the maritime flag signals spell BCBM on top of the roof. Might be an idea for your own boat. Yours would spell CTC, obviously. Great vid as always.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    I like that idea!!

  • @Lurker1979
    @Lurker19794 жыл бұрын

    They also do this with airplanes in general aviation.

  • @isbcornbinder
    @isbcornbinder7 жыл бұрын

    Another great video. I was please to see a bow thruster.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Thank you.

  • @robsin2810
    @robsin28105 жыл бұрын

    That just answered some of my questions.🇦🇺🇦🇺👍👍

  • @michaelpilling9659
    @michaelpilling96594 жыл бұрын

    What a brilliant scheme. Will definatley suit my family (we live in Poland). Thanks for all the information - we will investigate further. Super film David.

  • @vinerellos
    @vinerellos7 жыл бұрын

    A sinking Fund, how very apt. lol

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    I did chuckle too

  • @Thinkflite
    @Thinkflite7 жыл бұрын

    Please do a video on Crusiper GRP boats as they fit more people budget :) thank you and love the videos

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    I do have a plan to do a GRP video but it'll have to wait until I've finished cruising now.

  • @robertbaxter4021
    @robertbaxter40216 жыл бұрын

    This is what I'm thinking of doing

  • @fixedG
    @fixedG5 жыл бұрын

    I believe this is similar to a common form of aircraft ownership, at least in the US, with the exception that they don't live on the plane for weeks on end. I don't know how the legalities or taxation are treated in the UK, but a group of people with their pilots licenses owning an airplane as a corporation allows them to split expenses and deduct depreciation.

  • @CruisingTheCut

    @CruisingTheCut

    5 жыл бұрын

    I think it's similar over here

  • @danonthecut2351
    @danonthecut23517 жыл бұрын

    Great vid as ever CTC. I totally understand why folks do this, owning a boat outright is a large investment. I'd be interested in what cost difference there is between hiring a boat for 3-4 random weeks of the year against a similar share. Hiring a boat can be reasonably inexpensive if you hunt the deals, especially out of season and compared it's a very straight forward process.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    I think it would very much depend on the time, as you say, and how many weeks etc. There's a point where each method works best for that level of use.

  • @williamjordan811
    @williamjordan8117 жыл бұрын

    Good to know, might consider a share for myself. Since the US has fewer canals, and almost no narrow boats that I know of. Would be a lot less costly, besides I could go on holiday in a narrow boat in England! Great Idea!

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    For completeness I must mention you can also just hire a boat if you simply want to try it out; shares work best where you know you'll return to it over several years.

  • @williamjordan811

    @williamjordan811

    7 жыл бұрын

    Good point. Yes I think I would love to maybe try it for a good while, but you're right, maybe a hire first... Cheers and God bless

  • @williamjordan811

    @williamjordan811

    7 жыл бұрын

    Thanks!

  • @williamjordan811

    @williamjordan811

    7 жыл бұрын

    I love the Tag line "Live Life In The Past Lane" HA great line!

  • @mischef18
    @mischef186 жыл бұрын

    An interesting video

  • @bobdickweed
    @bobdickweed7 жыл бұрын

    Great video man...;-p

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Ta

  • @robelsey2931
    @robelsey29314 жыл бұрын

    Great video & appears to be the answer to my "what to do in early retirement" question.... Whilst I suspect the answer is "depends on the rules of the syndicate", are you allowed to make your week available to friends, when not making use of your week personally?

  • @CruisingTheCut

    @CruisingTheCut

    4 жыл бұрын

    It would, as you, say, depend on their rules. Without checking, I'd guess it's unlikely.

  • @bobnewey2233

    @bobnewey2233

    4 жыл бұрын

    Not usually. Most don't allow it because the other owners in the syndicate wouldn't know the friends and therefore would be uneasy about letting unknown people use it. Although ownership is shared, all the owners have invested in the boat and take great care to look after it.

  • @0HARE
    @0HARE7 жыл бұрын

    Well, this looks quite agreeable and tempting. Even someone in the U.S. could buy a share in a narrowboat, and come over on holiday once a year. The prices mentioned seem very reasonable, especially for a two week holiday in England. Thanks for another informative, and well presented video. Cheers

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Food for thought!

  • @robcaldwell4010
    @robcaldwell40107 жыл бұрын

    If we had known you were at crick we would of waved lol Great video and interesting to see different ways of ownership :)

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    I'll be coming past again soon, wave next time!

  • @robcaldwell4010

    @robcaldwell4010

    7 жыл бұрын

    CruisingTheCut we sure will :) we're facing the cut :)

  • @SamSitar

    @SamSitar

    7 жыл бұрын

    how do you know which boat mr cc is in?

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    I'll be on the back, steering!!!

  • @SteveMorton
    @SteveMorton7 жыл бұрын

    A former work colleague of mine owned a share in a narrow boat, this was many years ago. He said it worked very well and his thoughts and comments were the same as yours and Barry's. It is something I would seriously consider as well, as like Barry we don't live in UK! I wonder what a typical number of shares there are in a boat? Sorry if I missed that detail in the video commentary.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    You didn't miss it - appparently there's all kinds of different ways it can be divided up, I don't think there is a "standard" number of shares.

  • @SteveMorton

    @SteveMorton

    7 жыл бұрын

    OK many thanks, a great video as always.

  • @harrytomlinson6372

    @harrytomlinson6372

    7 жыл бұрын

    Dawn Treader is divided into 12 x 4 week shares and one 2 week share, this leaves a two week downtime for winter maintenance to complete a 52 week year. Within this there's a agreement that no one owner can buy more than 8 weeks in order to avoid them "buying out " the whole boat.

  • @SteveMorton

    @SteveMorton

    7 жыл бұрын

    Thank you for that information

  • @moondancer5115
    @moondancer51157 жыл бұрын

    too bad the US is so far from England...I'd love to I've this a go , yet I know I'd want my own boat pretty much from the start... that's just the kind of girl I am😏 are you ready for your big upcoming trip,David? it looks to be really interesting. 👍.can't wait for the fun to begin😊

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    It's not that far! They've invented these terrific things called aeroplanes, you know... ;-)

  • @CroakerOutdoors
    @CroakerOutdoors4 жыл бұрын

    What a fascinating video, very informative. Regarding the canal fee..is a yearly pass fee split among the shareholders?

  • @CruisingTheCut

    @CruisingTheCut

    4 жыл бұрын

    I think that gets covered as part of their monthly fees

  • @barrydoran4336

    @barrydoran4336

    4 жыл бұрын

    @@CruisingTheCut All part of the annual contingency fund as Dave says.

  • @4k8t
    @4k8t7 жыл бұрын

    Very nice and it tells me that maybe being able to do the narrowboat experience might not be as difficult as I imagined. The price Barry paid and the maintenance dues are attractive and quite reasonable. I'd have to factor in air fare from Hawaii, but otherwise it looks like a nice way to do things.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Crikey, that's some journey!!

  • @philelliott5327

    @philelliott5327

    7 жыл бұрын

    I can top that, we are hiring for the first two weeks in April from Norbury, and we live in Australia. This will be our third and perhaps final hire as we are buying a boat next year! Great job on the vlog, We have developed a narrow boat addiction and watch your vlog as our "fix".

  • @robinbennett5994

    @robinbennett5994

    7 жыл бұрын

    Shared ownership makes sense if you're going to do the same thing every year, but if you're likely to only do it occasionally, hiring is probably easier and cheaper. It's roughly £1-2000 per week, depending on the size of boat and whether you go during the school summer holiday.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Congratulations on your impending purchase!

  • @marka.ashford7059
    @marka.ashford70595 жыл бұрын

    Very Interesting. in terms of layout, I prefer yours….

  • @ebachy
    @ebachy7 жыл бұрын

    I didn't see anyone else ask this, so here it goes: if a shareholder can bring guests along, is there anything stopping him/her from recouping some or most of his/her cost by charging guests for the experience? That owner would still be there to skipper the boat around the canals. I'm picturing it like a Bed & Breakfast operation on a Narrow Boat! Loving the videos; there is great creativity of topics and wonderful production values! I can't wait for the next one. When will you be contracted by BBC America for a whole onging program series?! Cheers!

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    There would be a Canal and River Trust licence issue, there would also be an insurance issue and I suspect the share contract would also prohibit charging guests. There are boat B&Bs but not operating like this. Cheers!

  • @barrydoran4336

    @barrydoran4336

    7 жыл бұрын

    I don't think your suggestion would be suitable to shared ownership.

  • @UTubeGlennAR
    @UTubeGlennAR7 жыл бұрын

    :) Interesting, thank you...... :)

  • @warriorgrandma4392
    @warriorgrandma43927 жыл бұрын

    I love all your videos. I sub again because I have a new phone. but i am so happy to be watching. I live in upstate NY USA. I am trying to move overseas. can you recommend a paper or website for listening in a decent community or land. How much is a pound compared to the US dollar.

  • @normanboyes4983
    @normanboyes49837 жыл бұрын

    That was a well put together bit of information 👍. For Barry - of course everything is a compromise but......do you not find it a bit limiting to be restricted to a small area of the network - essentially 2 weeks away from base?

  • @barrydoran4336

    @barrydoran4336

    7 жыл бұрын

    Hi Norman it's what's works for us.

  • @richard15221
    @richard152217 жыл бұрын

    Have you made some more videos of your journey on the canals

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Yes, loads. If you look through my channel video list you'll see plenty, including a new one up this afternoon, part of a series from the last three months :-)

  • @Jimfoxyboy
    @Jimfoxyboy7 жыл бұрын

    I love the fact that the co-owners are all in communications with each other. A kind of community of sorts. I suspect there are the occasional stresses between some people, hopefully things that can be worked around. I would have loved to get involved with something like this, if flying from western Canada wasn't so badly expensive in itself. Though, now I wonder if there is quite a few people from outside the UK that get involved with shared ownership.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    The sooner someone invents teleporting, the better...

  • @Jimfoxyboy

    @Jimfoxyboy

    7 жыл бұрын

    Heh, ya but if star trek is anything to go by, think we'd be willing to live with the associated problems that come with such a thing? :)

  • @barrydoran4336

    @barrydoran4336

    7 жыл бұрын

    We once sold a share to a Canadian couple who used to fly over for three weeks every year in March.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    :-)

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    How many weeks depends on how big a share you buy. Cheers

  • @martinmoorehead783
    @martinmoorehead7834 жыл бұрын

    Does the boat have to be returned to the 'Home' marina after each time it's taken out? If so does this mean you end up cruising the same stretch of canal each time? Another great vlog by the way.

  • @tinac4140

    @tinac4140

    4 жыл бұрын

    Yes, however a shared boat owner our syndicate moves the boat every 1-2 years to ensure we have a new canals or routes to to visit

  • @boatshare

    @boatshare

    4 жыл бұрын

    Not on all boat schemes

  • @MindiheartsMusic
    @MindiheartsMusic7 жыл бұрын

    That looks like a great thing that's offered over there. It's be interesting. Do they have anyone to teach you how to run the boats in the canals?

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    There are a handful of training companies, yes. Many people just get on and have a go though (to varying degrees of success, alas)

  • @SamSitar

    @SamSitar

    7 жыл бұрын

    they probably start by driving the boat slowly.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    You never drive the boat fast even when you're experienced (or shouldn't). Life on the canal is all about taking it slow. The 4mph limit is rarely reached. 2-3 is more typical.

  • @rvertv
    @rvertv7 жыл бұрын

    interesting.... would be a pain to unload your stuff when switching

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Yeah, treat it like a holiday home and just pack clothes / toothbrush I suppose!

  • @louiseis50
    @louiseis503 жыл бұрын

    As Barry motored off at the end, I noticed how easy it would be to go overboard. As you are often solo David, do you have a plan for this? Is there a "dead man" system on the engine?

  • @CruisingTheCut

    @CruisingTheCut

    3 жыл бұрын

    No such system but if I fell off, the boat would immediately steer itself into the bank (because that's what it tries to do if I take my hand off the tiller) and if it didn't, the canals twist so much, it would soon thump into the bank anyway.

  • @Slaktrax

    @Slaktrax

    2 жыл бұрын

    Oh! what a negative thought. Dear me.

  • @machoneboard
    @machoneboard7 жыл бұрын

    Hello Gents, great informative videos David, thanks. Wrt moving about, what is the 'norm' for shared ownership? I would think one of the most enjoyable aspects of canal boating is exploring so how is this managed and who has 'the last word'? Are you locked into one canal or radius or do owners agree a cruising schedule and if so, how? Thanks

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    I'll wait for Barry to chip in on this one, I think...

  • @barrydoran4336

    @barrydoran4336

    7 жыл бұрын

    At the AGM the syndicate members decide where on the canal system they would like to move to and then vote on it. The management company provide a list of marinas that they have agreements with. Hope this answers your question.

  • @machoneboard

    @machoneboard

    7 жыл бұрын

    Yes, thanks.

  • @machoneboard

    @machoneboard

    7 жыл бұрын

    Where has your boat been in the last few years, Barry? Just roughly.

  • @barrydoran4336

    @barrydoran4336

    7 жыл бұрын

    Based in Nantwich Cheshire and then Down south to Wigrams Turn and now back to Audlem.

  • @SecretSquirrelFun
    @SecretSquirrelFun9 ай бұрын

    Watching again 6 months later. Was about to make the same comment about the “sinking fund” - for want of a better way of putting it. I’m so predictable 😳 Predictably funny 🤣🤣 🙂🐿🌈❤️

  • @stanirelandbig
    @stanirelandbig4 жыл бұрын

    there may be a tad bit of drinking at AGM

  • @Slaktrax
    @Slaktrax2 жыл бұрын

    I wonder, could you do a survey or investigation to find out or make a list of the most reliable engines for these boats? Thanks in advance, Steve.

  • @CruisingTheCut

    @CruisingTheCut

    2 жыл бұрын

    Not sure about most reliable (and it will depend on proper servicing of course) but Betamarine seem almost to be the default choice these days.

  • @RonPiggott
    @RonPiggott4 жыл бұрын

    Does the boat get assigned a "home port of call" or do you arrange with the next person where the boat will be at for their use of it?

  • @CruisingTheCut

    @CruisingTheCut

    4 жыл бұрын

    They tend to get a home port by mutual agreement for a couple of years then it will be changed to give sharers a bit of variety.

  • @zhorkon
    @zhorkon3 жыл бұрын

    As a citizen of the USA, the elimination of the UK’s special “retirement visa” made stays of more than six months virtually impossible, so Narrowboat ownership has also diminished in practicality. I expect ongoing changes in your immigration and visa arrangements with former EU partners is causing headaches for closer neighbors who’d like to invest in a liveaboard boat on your canals as well. Perhaps this is a solution. Are there any shared boats with, say, two owners only... with the allocated shares divided into 6 month blocks, matching the UK’s current visa limits? Obviously the initial shared cost of the boat and the monthly maintenance fees would need to be a lot higher, but the longer periods of use would permit much wider travel on the network and a Narrowboat experience more like being a sole owner.

  • @CruisingTheCut

    @CruisingTheCut

    3 жыл бұрын

    Interesting idea but sadly I don't know of any.

  • @stevenrix7024

    @stevenrix7024

    2 жыл бұрын

    Along those lines, if a boat is launched with ten equal shares, say, is there anything stopping someone from buying more than one of them?

  • @CruisingTheCut

    @CruisingTheCut

    2 жыл бұрын

    @Steven Rix No, it's generally allowable and then that owner gets a proportional extra time on the boat each year.

  • @FastHatTrick
    @FastHatTrick7 жыл бұрын

    Well isnt this just #@$@#$ peachy...... I stumble across this channel, get completely hooked, run through 81 vlogs in about 5 days............... and now there are none left to view. GAH! Now I have to wait!

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Haha, and worse still, the next one won't be until a few days after I start cruising later this week so you've got at least a week's wait, probably more. Watch 'em all again!

  • @FastHatTrick

    @FastHatTrick

    7 жыл бұрын

    I do want to go back and watch a few to bookmark them for future reference. It has been a real pleasure thus far. Enjoying prepping for the summer, will there be a spring shakedown cruise? Oh, and one other question. Humidity on the boat, I know you have spoken about condensation from time to time, but how do you manage it normally?

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    I open the windows as much as possible and use extraction fan above the stove. Yes, I start cruising later this week so loads of vlogs will follow very soon!

  • @ThisNarrowboatAdventure

    @ThisNarrowboatAdventure

    7 жыл бұрын

    there are lodes of narrow boat channels , i just made a play list of the ones i've missed this last month and had 50 videos!

  • @century2298

    @century2298

    7 жыл бұрын

    I haven't see you actually open a window yet. :/ Was wonder how they operate. Some look like sliders, others appear to tilt out.

  • @IC225
    @IC2257 жыл бұрын

    great idea, it flings out more options for people with an interest in canal boating. me, however prefers the hiring out at the local hiring company as its close by to where i live. i just completed a weeks hire for first time, had a few bumps and scraps and didnt get as far as i planned, but i thoroughly enjoyed it and plan to do same next year. oh, i also bumped into some private boats that were parked in a designated turning point near bingley....and people have a go at us hire boaters lol....by the waterways bylaws, they shouldnt have been moored up in the winding hole.....according to google earth and street view, they have been moored like that for some years......so its my turn lol.....humph....private owners ;)

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    It's infuriating when people moor in or across the winding holes, I agree. Bizarre that they've been there for years. Did you have a word with them? (can be dodgy doing that sometimes, depending on the people of course...)

  • @IC225

    @IC225

    7 жыл бұрын

    no we didnt bother exchanging words, we had already been told to move on by another private boater with him claiming we was too close to his boat....we was over 50 - 100ft away from his boat.....we was losing light fast and all way down rest of area was all shallow throughout to and passed the winding hole. so as we'd had to turn around that night as we had to get passed micklethwaite road bridge, then moor up close by but not on the bridge mooring point, making sure we was still in deep enough water but making sure we left room for boaters using bridge. i did however tell the hire company of it all, and they even agreed that it was their fault for mooring up in the winding hole.

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Crikey, I'm not sure I'd have moved on. Outrageous! Unless he was likely to cause aggro of course. What a shame your time aboard was spoiled by idiots.

  • @IC225

    @IC225

    7 жыл бұрын

    them minor bits didnt really spoil it at all, all in all it was very good and educating to say the least. at first handling was a struggle, specially with strong currents and drifting. we got grounded a few times & drifted to point our boat made a bridge across the canal lol....but we pursued onwards and having a few pints after the long days as our reward. its good to have a 'holiday' where your actually doing things and putting muscles to work that you hardly work before......definitely doing it again next year. :)

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Excellent!

  • @chiselit1
    @chiselit16 жыл бұрын

    Suggesting a follow up to this video. As an Australian who can only stay 6months of the year on a visit visa, renting a boat for 6 months sounds appealing but very expensive. I have seen companies online that manage boats and rent them long term cheaper than hiring. However there are dodgy companies making suggestions to get around canal regulations and some who appear good firms providing such services. I know you are very busy at the moment, I thought this would make a very interesting video for your oversees viewers like me who would one day like to tour the canals over an extended time. ps. I know some suggest just buying a boat and selling it, but that has its own issues too.

  • @CruisingTheCut

    @CruisingTheCut

    6 жыл бұрын

    Hi. You're absolutely right about there being people and companies who are hiring boats without the correct insurance, safety and licences etc though I believe there's a bit more of an effort to crack down on them now (to what success I don't know)

  • @bsmith2053

    @bsmith2053

    5 жыл бұрын

    As a fellow Australian I know he curse of sitting on the opposite side of the world and wishing for this life. Especially since we don't don't have any canals that I know of.

  • @mikenkatechandler5243

    @mikenkatechandler5243

    4 жыл бұрын

    @@bsmith2053 Your not the only one lol

  • @ronnath1581
    @ronnath15817 жыл бұрын

    got a couple of questions, David. 1) do the current shareholders have any oversight into who is trying to buy in when a share comes up for sale? 2) what happens if a current shareholder defaults on the monthly maintenance fees?

  • @CruisingTheCut

    @CruisingTheCut

    7 жыл бұрын

    Good questions to which I don't know the answer. I hope Barry might step in here at some point.

  • @barrydoran4336

    @barrydoran4336

    7 жыл бұрын

    Hi Ron. There is a syndicate agreement to which the new owners have to agree and sign up to. The monthly accounts are sent to all syndicate members so everybody is aware of any non payments.

  • @robertthornhill4379
    @robertthornhill43796 жыл бұрын

    hi c t c this was very interesting thanks 9/10 bob in derby

  • @myCloudWatcher
    @myCloudWatcher5 жыл бұрын

    Are all of the "Yearly" fees for the canal trust "with the boat" or do you have to pay for each usr?

  • @CruisingTheCut

    @CruisingTheCut

    5 жыл бұрын

    Per boat

  • @peterkelly9768
    @peterkelly97687 жыл бұрын

    great video . i myself live in itrland and am looking to buy a share in a narrow boat what is the best way for me to go about this . thanks

  • @barrydoran4336

    @barrydoran4336

    7 жыл бұрын

    Peter go onto www.bcbm.co.UK and have a look at shares for sale.