Charge for part loan?

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charlottemary

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I am thinking of puting my boy up for part loan 3 days a week to ease of the pressure as I have my exams this year :( What would be a reasonable price to charge? I was thinking £25 a week plus half of the farrier bill. Is this too much or not enough? I've never loaned him out before. Also how do you weed out the timewasters from the genuine people? I would hate to have someone who has no clue what they're doing being responsible for him
Thanks
 
It varies hugely and can depend a bit on whether the money or the person is more important to you - also on jobs. My sister doesn't pay anything for her current share but she is experienced and reliable and the owner likes her to have a lesson every couple of weeks so that neither of them get into bad habits.

I don't charge the lady that rides my lad 2/3 times a week it gives me a break and she does jobs on those days (DIY) and I appreciate that more than I would any financial contribution. It also means that what I say goes so if I want to take him hunting on one of those days/need him to do a quieter hack one day after competing etc then I don't feel bad about it.
 
Thanks for the replies guys, the sharer would need to take on yard duties as well- I have him on DIY atm. I wouldnt want to charge half of what he costs reallly, he i a very poor doer and costs a bomb, as my pocket knows all too well (yes mine and not my parents lol) . Having a loaner for him would mean I could not be rushing from work at 6 pm twice a week in the winter every week haha
 
Sorry should have clarified - when I sat half what he costs to keep I meant the livery rate. So half whatever your Day rate is plus jobs is fair imo
 
A think £25 a week plus chores sounds expensive (assuming they would need to go twice a day on their days?). But if your on a really good yard with fab hacking and facilities then it might be really good value.

Does anyone else on the yard have a sharer? That a good gauge of what the rate is in your area
 
The going rate my way is probably between £80 to £100 per month for three days on DIY.

Have a look on local fb groups and preloved and suss out what people are asking in your area. People will be willing to pay more for a nice well schooled horse on a yard with good facilities /hacking. You may have to ask less if your horse is difficult or you don't have facilities.
 
I pay £35 for mine including feed, hay ,livery ,shoes, hard feed etc) for mine each week, YO feeds and sucks out if just can't come (which she does 2 days a week) and also feeds her in the mornings for me when I'm at school. I think it depends on your location and everything but if I was to part loan my mare out it would be a bit much, all depends tho
 
I've just found a lovely girl to p/loan mine and have asked for £20 which she's really happy with. That's the cost of her stable rent per week, I'll be paying for everything else on top. We're both happy with the arrangement - I'll be getting much needed help 3/4 days a week and she's got her 'own pony' on her days! I'm really easy going and she can do whatever she wants with pony, farm trips out, shows etc. She'll be doing all the jobs on her days but I pay for turn out everyday so it's only one visit to the yard.
 
Thanks for all the replys, my yard has 2 outdoor school, a cross country course and direct access to the pennine trail if that helps. Also my livery is £35 a week plus bedding. I normally spend around £80 on him each week including feed, farrier, insurance, and money put aside for worming, vaccinations, dentist and saddler ect. His schooling is coming along nicely and we do cross country and jumping occasionally as well. Hope this helps with your replys 😀
 
Wow - what a brilliant yard! I have a PC schoolmaster who has sharers. I worked out exactly what he cost to keep (That was a scare!) split that down into days and charge that per day. I know from having posted this before that I promptly get hate mail saying that I charge far too much but the fact is that he has never lacked a sharer, I usually have at least one more waiting for days to come available for him or a current one looking to increase days and I haven't had to advertise him since the first year. I do have a relatively high sharer turnover - but he is a PC novice pony. With only 1 exception in the last 3 years (gosh has he been on share that long?!!) they have all gone on to own their own. I also have a really draconian set of rules about parental involvement - but he is a kids pony.

I guess the point of this is that you can charge what the market can stand!
 
I had sharers for my mare when she was on part livery and simply took the monthly livery costs and worked it back for a daily rate. They could swap days if I could manage it but the payment was fixed. This worked well for 2 brilliant sharers but failed when I had another girl in after one of my original sharers went off to run a ski chalet. Last one in would decide she didn't want to ride on her days and be a no show and then tried to wriggle out of paying. When she told me she was going away for a month to Australia and wouldn't pay, that was the final straw, she was very surprised I terminated the share! In terms of assessing the rider, I hacked out with my sharers and a friend who shares her older competition horse gets them to have a lesson with her trainer to ensure all parties are happy. I loved my first 2 ladies, they were brilliant!
 
Id say £25 is the going rate around here esp on a good yard with sharer doing chores on their days. The £25 plus half of farrier and chores might be a bit much.

Depends i guess whether the time or the money is more important to you.

And in terms of weeding them out, my honest answer is gut instinct. mine told me every time.

Good luck!
 
I'd say 25 a week plus half shoes is too much - instead maybe 30 a week but no shoes, or just 25?

If the loner weren't doing jobs, it might be a different story. Also if the horse only needs visiting once per day, that would be more suitable for the price.

Although it does hugely depend on your horse too.

Good luck!
 
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