London houseboat residents fear rise in mooring fees will price them out

London houseboat residents fear rise in mooring fees will price them out

The Canal and River Trust has increased fees at Ice Wharf Marina by more than 50% in the past nine years

Despite their low-cost, bohemian image, houseboats can cost a pretty penny and often rival the price of a property on land. Now, those living on rivers and canals in London fear they will be priced out of for good as soaring mooring fees threaten their way of life.

The Canal and River Trust (CRT) has raised mooring fees at some sites it owns by 10% for two years in a row. The Conservative government previously announced a £300m cut in funding to the trust, due from 2027. For many permanently moored in centrally located marinas, fees have shot up by thousands of pounds.

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