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Family Member's Interests
David -
Narrowboat Willoughby
Narrowboat Willoughby
There are twelve shares (including one shareholder living in the USA) and we each share running costs. OwnerShips administer the boat for us including all arrangements for repairs, maintenance, moorings etc but the boat is privately owned solely by the co-owners who retain full financial control. Currently, Willoughby is based at Heritage Narrowboats on the Macclesfield Canal near Kidsgrove, Staffordshire, having previously been moored at Festival Park Marina, Etruria, Staffordshire on the Trent and Mersey Canal. It's original base was the Blue Lias Marina (now known as the Stockton Top Marina) on the Grand Union Canal, Stockton, in Warwickshire. Other family members have since purchased a one twelfth share that came up for sale in the boat.

In addition to the one-off share purchase cost we pay OwnerShips an annual management contribution and our share of the annual maintenance costs; these costs are pre-arranged at an owners annual meeting so we are aware in advance of the likely expenses. OwnerShips will not commit any expenditure unless authorised by the co-owners. Our share entitles us to a minimum of three weeks boating per year, allocated on a priority system including an arrangement for three co-owners to have priority over school holiday times; there is an adjustment made to the shared expenses to allow for this privilege. There is an opportunity for additional "spare" weeks boating again on a priority system however there are no additional charges for these weeks.
Many of our family members share a common love of canal boat holidays stretching back many years, eventually I took the "plunge" so to speak and jointly purchased a share in a new narrowboat. Willoughby was commissioned by OwnerShips Ltd, a company specifically formed to provide narrowboats for shared ownership. She is 58 foot 6 inches in length, was built to a semi-traditional style, has a mid position galley and was put into the water in July 2001.
Pictured here, the "Captain" is busy planning the next cruise. After many years of hiring narrowboats for holidays with ever increasing hire charges, it was a joy to read about the benefits of shared ownership and we needed relatively little persuasion to buy into Willoughby. We now have much more boating time per year with an even better benefit of greatly reduced weekly holiday costs.

"Busy planning the next cruise"

In case you are wondering, I have no connection with OwnerShips apart from being a very, very satisfied customer. If you want to look at their site there is a link below (click on the logo). I have also included a link to a Web Blog written by another of our Owners as well as to the OwnerShips Discussion Board and to "Boatshare" an independent share site. Links to cruise photographs are also below.
Link to OwnerShips
Remind me Daddy, just how difficult is this boating lark?

Remind me Daddy, just how difficult is this boating lark?

Click on the Link to see photos
Photo Gallery 2001 - 2004
Photo Gallery 2005
Photo Gallery 2006
Photo Gallery 2007
 
  Click on the Links
The Blog of Narrowboat Willoughby www.willoughbytes.co.uk
OwnerShips Discussion Board http://pub2.bravenet.com/forum/153944258/
Independent Web Site and Discussion Board www.boatshare.co.uk
Narrowboat Rufford www.rufford.org.uk/
Narrowboat Sapphire www.skippers-printers.co.uk/sapphire/
Narrowboat Sojurn www.andrewcooley.co.uk/sojourn.htm
Narrowboat Swallow www.nb-swallow.co.uk/