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  1. #1
    Join Date
    Dec 2010
    Location
    North Wales
    Posts
    130

    Question Part One or SSR? Any thoughts?

    I am changing boats once more and my new boat is presently registered part one. The owner has the name registered, so I will need to change the name, suits me, but should I stay part one and stump up the 124 or downgrade to SSR for 25. I will be sailing worldwide and hope eventually to wash up in Japan, China and Russia in the pacific north west. Any thoughts on this registration thing would be appreciated.

  2. #2
    Join Date
    Nov 2007
    Location
    Kingdom of Fife
    Posts
    5,615

    Default

    Whilst you own the boat there is little difference in practical terms but the Part 1 has greater value when you sell because it determines title and will allow who ever you sell to to raise a loan to purchase if they need to. I would suggest that for 99 Part 1 is good value over SSR.
    Peter

  3. #3
    Join Date
    Dec 2005
    Location
    East Coast USA at the moment
    Posts
    1,590

    Default We had much the same debate last summer...

    and came up with the same opinion as JollyS "Whilst you own the boat there is little difference in practical terms but the Part 1 has greater value when you sell..." so we renewed/maintained the new boat's Part 1 status.

    However, had it not already been on the Part 1 Register, there's no way would we have stumped up for tonnage surveys and the like to get the Part 1 from scratch.
    I chose the road less travelled, now where the hell am I?

  4. #4
    Join Date
    Jul 2006
    Posts
    3,060

    Default

    Quote Originally Posted by jollysailor17 View Post
    I am changing boats once more and my new boat is presently registered part one. The owner has the name registered, so I will need to change the name, suits me, but should I stay part one and stump up the 124 or downgrade to SSR for 25. I will be sailing worldwide and hope eventually to wash up in Japan, China and Russia in the pacific north west. Any thoughts on this registration thing would be appreciated.
    If the boat value is such that a future buyer might want to get a marine mortgage Part I is definitely better.

  5. #5
    Join Date
    Jan 2009
    Location
    out cruising, sailing around UK and Europe
    Posts
    993

    Default

    part 1 is the better for far flung shores. If you're changing the name on part 1, they will check to make sure yours is the only one with that name on the register, if not you won't get it. On SSR you have no need to check as its not important its only a register of small boats.

  6. #6
    Join Date
    Dec 2001
    Location
    Suffolk
    Posts
    1,524

    Default

    Part 1 is best for the long distance stuff or anywhere you are likely to encounter serious officialdom. The name change might demand a bit of creativity. As has been said here, it is highly likely that the name you have or choose is already taken. You can get round this by adding some qualifying words on the end such as Ditchcrawler....... of Penge, or ....of Deben .
    I found the MSC very helpful but they are very fussy and will whiz your application back very smartly if you haven't filled it in properly.

  7. #7
    Join Date
    Nov 2007
    Posts
    21,353

    Default

    For practical purposes when voyaging it makes no difference. The main advantage is that your title is registered and charges can be registered, for example by a future buyer getting a mortgage. The actual ongoing difference in cost (once you have reregistered) is only 5 or so a year and the cost of registering from scratch is high, so best to keep it up.

  8. #8
    Join Date
    Jun 2006
    Location
    Canaries
    Posts
    2,986

    Default

    I seem to remember something about Part I being proof of ownership whereas with an SSR you need to also carry some sort of bill of sale.
    With SSR you self register, so can cheat a bit on the LOA entry and so get into lots of marinas cheaper (I didn't say that).

  9. #9
    Join Date
    Dec 2002
    Location
    France
    Posts
    15,153

    Default

    Quote Originally Posted by jollysailor17 View Post
    I am changing boats once more and my new boat is presently registered part one. The owner has the name registered, so I will need to change the name, suits me, but should I stay part one and stump up the 124 or downgrade to SSR for 25. I will be sailing worldwide and hope eventually to wash up in Japan, China and Russia in the pacific north west. Any thoughts on this registration thing would be appreciated.
    If you put patriotism aside for one moment, Belgian registration has a lot to offer.

  10. #10
    Join Date
    Jul 2006
    Location
    Emsworth Hants
    Posts
    7,633

    Default

    Now you you mention that we met a number of French boats who were reigistered in Belgium. They said it was much cheaper.

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