Benefits on a liveaboard?

Yes, that was the point. Even with £10k moorings it's much cheaper to live on a boat than in a London flat and itinerant liveaboards don't need a mooring anyway. If the OP does indeed plan live on a narrow boat and if he can fulfil the CRT's draconian rules he could live much more cheaply on his boat than in a house.

Edited by Sam.Spoons - 21 Jul 18 at 6:52pm

Yup, and, if you live on one you'll be much better informed than me. But the people in the video and the OP, have not said they'll be living in London, and, even if they were a boat is still much cheaper than a house irrespective where you live, both to buy and to live in....... My son and his fiancé lived in Walthamstow until a couple of years ago, rent on a small one bed flat had reached nearly £1200 a month just before they left (to live and work in China).

Like I said, you will be much better informed than me but I do have some knowledge as my brother in law and I looked into it for him a few years ago. Maybe I'm wrong but would you say it's cheaper than living in a house in the same area or not?

It's probably easier to compare to renting but the interest on a 100k mortgage probably costs around £13k p.a. so yes it's bound to be but houses need maintenance too, are probably more expensive to heat, council tax to pay etc......

Edited by Sam.Spoons - 21 Jul 18 at 8:17pm

Thanks,