The 2019/2020 Mooring Prices
Canal & River Trust – Waterside Mooring Price Review 2019
The Trust provides and manages the long term leisure and residential moorings in England and Wales as part of its discretionary commercial business activities. This represents approximately 11% of the current long term moorings provision – in other words, there are many other private providers of moorings who we are effectively in competition with. The income raised through moorings makes a vital contribution towards the substantial costs of caring for the 200+ year old historic and fragile waterway infrastructure – it requires considerable maintenance, care and attention to ensure future generations are able to appreciate and enjoy the waterways.
The Trust must operate its long term moorings within a strict legal framework which ensures that we comply with UK competition law at all times. The prices we charge for our long term leisure and residential moorings must be set by reference to market rates. This means that moorings cannot be subsidised.
The waterside mooring sales website has now been operating for 3 years. Sales have been exceptional with many selling above the guide price. We are currently at 94% capacity. We have used the sales results to help assess the level of the price increases.
The majority of sites will see a 3% increase based on the Inflation rate at January 2019. Sites where we have seen an increased demand via our sales website or where we have made substantial investment will see an above inflation increases. Sites which are still proving to be unpopular will have their prices held.
In summary, 2.1% of sites will in real terms have no increase. 95.9% will see an inflationary increase only and 1.5% of sites have been increased between inflation and 5% above inflation.
NB Price increases will only apply to those customers who are currently on 12 month contracts. 3 year contracts are not affected.
For those customers with end of garden moorings (where the moorings is adjacent to their residential property) or those moored on farmers’ fields, as in the past their permit prices will increase in line with their local ‘indexed’ mooring site.