In reply to David Alcock:
> i) Money sieve.
> ii) Grime - not good for the office.
> iii) Claustrophobic eventually.
> iv) The bog does smell in summer. Winter not so bad - I stuck a Raeburn in ours.
> v) Worst of all, your neighbours. Ok if you like retired people with OCD who would ordinarily be holding up the A5 with their caravan.
i) Only if you buy something crap, surely? We stretched our budget and got a decent shell that was professionally fitted out and didn't need much work (better inverter, washing machine installing, immersion heater and a bit of extra storage). Yes there will be the odd extra expense (blacking etc) but overall it is so much cheaper than renting. In 3/4 years we will be sat on £45k of asset, much of which would have gone on rent/bills had we gone for something else.
ii) Again, it depends on your boat and location. Ours is much nicer and cleaner than many properties I've rented - though we don't have to deal with towpaths yet as we're on a mooring for the winter.
iii) Perhaps if coming from your own home? But we are loving the freedom of having your own space and not living in house shares. There's much less space than a house but it just means you get rid of all the crap you've accumulated and need to be strict with putting things back in their place. Maybe things will change the longer we're on it but it's fine at the moment.
iv) We've had an occasional smell from our pump out when it's not been used for a while, but providing it's fit well and the seals are good there shouldn't be too much of a problem.
v) We've a great mix of neighbours, it's a nice little community.