Annual Price Review Completed for 2020-21
The Trust provides and manages approximately 3600 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 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 4 years. Sales have been exceptional with many selling above the guide price. We are currently at 95% capacity.
Your site will have a 2.4% increase based on the RPI Inflation rate at January 2020. We use RPI as this best represents the increase in costs we incur as a result of running and managing our mooring sites nationally.
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.
Four to six weeks prior to the renewal date of your current mooring agreement, we will write to you to inform you of your new mooring fee for the forthcoming year.
NB Price increases will only apply to those customers who are currently on 12 month contracts. 3 year contracts are not affected.