Sell a boat

How to sell your boat with BWML

Whether you are an existing BWML customer or not if you want to sell your boat BWML has the solution for you. Please read on and see the advantages open to you.

Our Brokerage Fees

Narrowboats up to £20K = £1000 + VAT
Narrowboats from £20K to £40K = £1500 + VAT
Narrowboats over £40K = £2000 + VAT
Widebeam craft = Price on application 
GRP Cruisers ­— all values = £650 + VAT

  • No sale, no fee
  • No appointment necessary
  • Friendly advice given
  • Browse without pressure or obligation
  • Discount deals available on moorings.
  • Fixed Brokerage fees for Narrow boats and GRP cruisers
  • Immediate listing on 2 websites
  • Well known, highly visited, dedicated sales area
  • Free valuations
  • Assistance with boat transportation
  • Survey facilities available
  • Demonstrations carried out by our qualified staff
  • Residential and leisure moorings available
  • Funds held in secure brokerage account
  • Assistance with finance, insurance, licensing and Inland Waterways Helmsman’s Certificate

Selling your boat with BWML

If the time has come and you need to sell your boat or perhaps move to a different craft; maybe trading up to a larger boat; changing from a narrow beam to a wide-beam; or leaving boating altogether; whatever your reason BWML will assist you to get the very best value for your pride and joy.

There are three options open to you:

1. BWML Brokerage Boat Sales

This is available for craft berthed in Sawley & Kings Marina’s only and will require you to enter into a Brokerage Agreement with BWML.

You will need to get your boat to Sawley Marina where our experienced staff will get the best price for your boat in the shortest possible time. Commission rates are very competitive. You do not have to have a current mooring contract for your craft to use this service, nor does your boat need to be licensed as the vessel can be left with us on a trade plate. Your craft will be listed on the BWML Brokerage website.

BWML’s professional boat sales staff will act on your behalf to negotiate the selling of your craft. Upon completion you will be invoiced for the service at the agreed commission rates.

2. Private Sale

This option may at first seem the low cost option, and it may well be. However, you will need to do the viewings, arrange your own marketing, keeping the marina informed of visitors and boat sales progress. This type of transaction attracts a Sale on Berth fee of 5% (minimum charge of £200 + VAT) of the achieved sale price of your boat, is subject to VAT at the standard rate and is payable by the vendor. An invoice for this amount will be raised by BWML when you have sold your craft.

The boat must remain at the marina until this is paid in full, and no transfer of mooring to the purchaser will be possible until this is paid. Whilst you are selling your boat in this way you must have a current mooring contract with us. BWML will assist your sales efforts by listing your craft on its website free of charge with contact details, a photograph of the boat and short details supplied by yourself. The use of non-boat broker websites to assist the selling of the craft is acceptable, for which you as the seller may be charged a listing fee by the host.

The following steps are to be followed when progressing a private sale:

i. Request written consent from BWML to undertake the sale in the marina, as required in clause 4.2 of the moorings Terms & Conditions, by completion of the Sale on Berth Request Form, Part 1, as per clause 4.1 of our Terms & Conditions.

ii. Upon a confirmed sale and when the new owners details are known, completion of Sale on Berth Request Form, Part 2, this being issued to BWML, by the seller as per clause 4.3 of our Terms & Conditions, along with a copy of the Bill of Sale for the craft.

Sale on Berth Request Form

iii. Submission of a Moorings Termination Form, to allow BWML to close your account. If the new applicant is retaining the mooring, ensure they have submitted a Mooring Application Form. 

Mooring Application Form

iv. BWML will then send a Sale on Berth Invoice to the seller. Settlement will be required before the berth can be transferred to the new owner. Receipt of this payment will enable BWML to create and then exchange the mooring contract with the new owner.

3. Appointed Broker

Boats are listed on the broker’s website and other sites they may be associated with, ensuring you get the best coverage of the potential market. As the seller you will be exchanging brokerage contract terms with the selected broker and upon completion of the sale, be making payment of fees to the broker.

The Appointed Broker will, when selected by the seller, be required to register with BWML for this opportunity and be required to complete and exchange the Broker Agency Agreement Form. The appointed broker will be required to pay to BWML for the opportunity a commission fee of 0.5% of the boat sale price plus VAT, this will need to be paid upon completion of the sale by the broker to BWML and the berth will not be allowed to be transferred to the new owner of the craft until this has been paid. BWML will assist the brokers sales efforts by listing your craft on its website free of charge with contact details, a photograph of the boat and short details supplied by yourself.

The following steps are to be followed when progressing the sale with a professional service provider:

i. Request written consent from BWML to undertake the sale in the marina, as required in clause 4.2 of the moorings Terms & Conditions, by completion of the Sale on Berth Request Form, Part 1, as per clause 4.1 of our Terms & Conditions.

ii. When you have selected your preferred broker, you as the seller will be required to issue a Broker Agency Agreement Form to the broker, for completion and submission to BWML. The submission of this form by the broker to BWML will act as a written request for consent from BWML to undertake the sale of the craft in the marina, as required in clause 4.2 of our moorings Terms & Conditions. See current list of Authorised Brokers on BWML website.

Broker Agency Agreement Form

iii. When the broker has received approval from BWML this will enable you, as the seller to exchange a contract with the broker.

iv. When you have been successful in obtaining a purchaser and the sale is ready to proceed, you will need to submit a Moorings Termination Form, indicating the proposed end date of your contract, as per clause 9.1 of our mooring Terms & Conditions, to allow BWML to close your account.

v. If the purchaser wishes to retain the mooring, the new applicant will be required to submit a Mooring Application Form, indicating the start date of the contract, along with a Berth Transfer Form and a copy of the Bill of Sale for the craft. BWML will then issue the purchaser with a Berth Transfer Fee invoice for 5% + VAT of the purchase price of the craft (minimum £200 + VAT). Upon receipt of this fee the new owner will be issued with a mooring contract.

Mooring Application Form

It should be noted that if the proposed broker does not exchange the Broker Agency Agreement form with BWML, or does not make payment of the agreed 0.5% commissions to BWML, BWML will deem your sale even through the broker, as a private sale and will therefore apply the 5% Sale on Berth fee to you for the berth to be transferred. 

If the berth transfer fee that is payable by the purchaser is not received, then BWML reserve the right not to transfer the moorings to the new owner of the craft and the craft will be required to leave the marina on your contract end date.