Frequently Asked Questions

We understand that putting your yacht on charter is an important decision. That’s why we’ve compiled some of the most frequently asked questions from yacht owners about our managed yacht charter programme.

Am I guaranteed an income?

As we allow owners unlimited usage on our standard management programme, it is not possible to guarantee a specific income, it can depend on how often and on which dates your yacht is available for charter. If maximising income is important to you, please speak to us and we can advise you on the key dates in the sailing calendar. On our subscription programme, the charter income does not affect your monthly fixed fee.

My boat is my pride and joy, what will happen if I let other people loose on her?

We thoroughly vet all prospective charterers to ensure that they are capable of handling your boat. For every charter, we have a strict handover and return procedure including a thorough check. If the charterer causes any loss or damage and this is rare, it is immediately rectified and the cost is deducted from the charterer’s security deposit.

What about the cleaning and maintenance of my boat?

We clean the boats thoroughly after every charter. This not only means that it is in top condition for the charterer, but also for you when you want to use her. We pride ourselves on the standard of yachts on our fleet and all benefit from a rigorous maintenance and cleaning schedule. Owners often comment that their yachts have never been in such good condition and find they tend to retain their value better as a result.

When and how will I receive my charter income?

Each month we send you a statement showing charter income, our commission, and any expenses incurred by us on your behalf, such as authorised maintenance and repairs. VAT-registered owners send us a VAT invoice for the net charter revenue. We then immediately pay any monies due directly into your bank account.

Can I reclaim the VAT on the purchase price and outgoings on my yacht?

There are potential tax advantages to be gained for boat owners genuinely providing their yacht for charter usage. This is a complex area and we can refer owners to specialist professional advisers who have successfully supported a number of our owners to achieve VAT registration.

What about when I wish to use my boat?

We ask you to let us know well in advance of the dates you plan to use her. We then make sure these dates are reserved for you and that the boat is ready on your arrival so you can just sail away. If you wish to sail at short notice, this is no problem but we do ask that you give us a call to check that we have not taken any last-minute bookings on your behalf.

My boat is not new, is she still suitable?

Yes, we are always interested in well-found yachts wishing to join our fleet and we are not tied to any one manufacturer. A high percentage of our bookings are from previous charterers who often like to try a variety of different types of yachts.

What about coding?

Yachts in charter management must comply with the MCA Code of Practice for Small Commercial Vessels, otherwise known as the ‘Code’. A coded vessel is certified annually by the MCA and the managing agent to ensure that the yacht’s structural integrity and equipment continue to conform to the highest standards required. The amount of equipment needed to bring a yacht up to coding level will vary depending upon what equipment the yacht already has. A comprehensive inventory is essential, but we will be pleased to offer full assistance with the preparation for the registration of your boat.

Why choose Hamble Point Yacht Charters?

We have been based at Hamble Point Marina since 1993, during this time as a family-run business we have concentrated on offering a highly personal service to both the owners of the yachts on our fleet and to charterers. We offer a friendly but professional approach and are members of The Royal Yachting Association, the British Marine Federation, and the Professional Charter Association. We hold a British Marine Customer Service Award and have consistently been awarded TripAdvisor Certificates of Excellence.

Our location at Hamble Point Marina is easy to get to and provides prime access to The Solent. The majority of our charterers are repeat bookings and much of our business is through personal recommendations. We have a reputation for a high quality of maintenance and presentation of our fleet, at the top end of the charter market. Our charterers tend to be individuals, families, saying clubs, and retired individuals.