How much to charge for 2 day a week part loan?

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SatsumaGirl

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I realise this sort of thread has been done to death but as I haven't part loaned any of mine for a couple of years, I'm after some advice as to what the current going rate is.

I've never had anyone share for less than 4 days a week so I'm a little unsure as to what is acceptable. The last thing I want is to put anyone off as I do need the help from a financial POV.

A lady has been in touch (she is viewing tomorrow so it's not a definite) wanting to take one of mine on for 2 days a week (Saturday and Sunday as she works full time). He was originally advertised for 3-4 days a week, to include one weekend day but she cannot commit to this arrangement due to work.
It's not so much of a problem if she wants him over the weekend as I have two others that need riding and I can always ride early in the morning during the week.

I think I'm just a little worried as I've always had a habit of under-charging as to not put people off- then it's ultimately put me in the poo and I've often felt like other people were taking a lend. I couldn't tell you how many sharers have given up or not bothered turning up to do the chores (knowing that I am there mucking out/feeding my others anyway). On many occasions I've been waiting like a plum whilst they turn up (after I've left the horse in) ride, then go home, leaving me to do the dirty work.
For that reason, I gave up on the sharing idea last winter as it was just easier to sort the herd on my own but it killed me trying to fit everything in and cover all the costs myself. I just want to find someone normal and experienced. ;)

Anyway, I digress...

So yes, on with the costs.

Horse is currently in light work due to lack of time but happy for sharer to do more over winter once he's fitter. He's mostly a happy hacker at the moment (that's what sharer wants) but happy for him to go to local winter dressage etc and get out and about, should she so wish. He does have slight spavin so don't want him jumped or blasted but if she was that desperate to do more, she could always borrow one of my others. ;)

He's barefoot and has very good feet (in the past I've asked sharers to cover half of trimming costs but as it's only two days, I'm thinking I should cover this myself), it costs £20.

I pay around £25 a month in insurance, buy hay (£30 a month), bedding (£20 a month), feed and cover vet costs/worming myself.

I'm happy to continue paying above costs but will be asking sharer to take out her own personal accident/liability insurance.

A few people have told me I should ask around £65-70 a month (and as much as that would help me out an awful lot) would it be too steep and make potential interested party run for the hills?

Thank you for reading- I often feel it's best to get a balanced, impartial view from other people. :)
 
Thanks for the input, everyone.

Thinking I'll go for the £70 then- around £17 a week doesn't sound too bad, does it?! ;) Figure a lesson these days would set you back more than that. Think I just needed some people to tell me I wasn't expecting too much!

She will be expected to muck out/bring in/feed of course.
 
I'd round it up - £80pcm paid on the 1st of the month (or 1st sat of the month).
Then she would gain a little on the longer months.
Or: £20 per weekend, paid on the Saturday on arrival at yard.

After all, £10 a ride is pretty cheap - and what chores does she do too? (will she do share horse both ends of the day on both days?)

Get it written down & agreed on paper if you are happy with how she gets on with horse tomorrow .

Good luck :)
 
Argh! Just replied and it deleted itself!

She'd have him as her own on her days and will be expected to muck out, make breakfast, do hay etc. I could turn out or bring in if it fits in with my own routine. If I need to leave the yard at 9am and she wants to ride, then obviously she'd be responsible for turning out later etc- same goes for later in the day.

Only problem is that I do hope he fits into someone else's routine, say I turn mine out and she wants him leaving in, it will mean he's in on his own. Though in saying this, he's the sort of horse that wouldn't bat an eyelid at a nuclear way and is so laid back, he's horizontal.

It's all hypothetical of course, but yes, I hope it all goes well. :) *thumb up*
 
My 'sharer' pays £10 per ride. She doesn't do any chores or have to get them in or out, just turn up and ride. I have her mainly so I can ride my youngster in company with my other one (plus go out and about as and when we fancy it), it works really well for us both at the moment.
 
My sharer pays £20 for 2 days per week and I some times offer her a third if I'm busy for no extra.
Horse is her own on her days and she's free to do what she wants, including competing.
Think that's cheap for south east and a couple of my friends have sharers and charge £15 a day x
 
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