...according to Lombard figures
Interesting figures are reported by Lombard Marine Finance after the Southampton Boat Show.
The lender reported an increase in demand for funding and in particular for sail boats at this year’s show.
Results have shown a 10% increase in the number of applications and a 52% increase in the value of applications received overall.
Ian Braham, Head of Lombard Marine Finance said: “This year’s show has been very successful and we are pleased to report that results are up on last year.
“Sail boat applications were up by 30% bringing this on a par with the number of power boat applications. As such results show a 50:50 split between power and sail which continues the trend towards sail boat applications we have observed throughout 2008.”
In recent years the split has been 60:40 in power to sail.