Save for a house deposit

One reason our superyacht clients decide to start saving regularly is to generate enough capital to buy property.

Be it purchasing your first home, or investing in property as a passive revenue stream, saving regularly can help you get your foot on the property ladder.

How we work

We’ll work with you to review your current income and expenses while you’re working on-board and develop your documented financial plan based on how much you want to save towards your future property. From experience, we know every crew member is different and this is why we take the time to talk to you about what property means to you.

Key points to consider when purchasing a property

If you’re thinking about saving towards a property, you might want to save more than you originally planned because costs are often forgotten, like:

• Associated legal or administrative fees
• Management of tax declarations for any income derived through property rental
• Maintenance costs and management fees
• A buffer to pay the mortgage should property remain vacant

It is essential to review all costs associated with purchasing. If you’re starting to plan your investment strategy, we recommend reading our property blog.