Joint Ownership - What do you think?

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Kaylum

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I cant afford a horse of my own at the mo, more time than anything else. I have seen loads of adverts for people wanting loan horses in my area, so my thought was why dont I think about buying a horse with someone else. Joint ownership, joint costs for everything? Anyone tried this before? I was thinking about sharing but there is nothing at all around suitable for me. Have owned 2 horses in the past.
 
Agree with eastkent, don't go there did it many years ago and had to buy out the other lot, which cost me more than if I'd bought Amber outright on my own. I was the one doing all the work,paying for feed etc:- They just turned up now and then with friends to see "THEIR PONY",:(:( they didn't no one end from the other:rolleyes::rolleyes::rolleyes::rolleyes:
 
I wouldnt recomemend it, i joint owned with my mum and there was niggles so can timagine it works well with somebody else, espeacialy as you dont say you have anybody in mind!! Itcan be very hard to find a horse that suits 2 people and as you would both be putting money in your not going to wantto comprimise if youve got part with hard earned cash.
 
friend has shared ownership. its not working out and no buyers for her half and the other owner wont buy her out. shes at a dead end :o
 
Dont do it... It might start off well but things can turn nasty... I'm lucky with my joint owned pony i managed to keep her and get full ownership, but i did lose out on money as i've got her in lieu of unpaid livery bills... You'd be better off getting your own then looking for a sharer to help with costs...
 
How would you split the costs? It's almost impossible to manage and requires the upmost trust.

What would you do if the other part owner took the horse out and it was injured? Vet says you can't ride it for 3 months and gives you a huge bill....who's responsible?

Save the money you would spend on livery etc and assess your situation in about 6 months time. Patience is a vitue :)
 
As East Kent says, be very careful, it works better with a 'sleeping' partner. I'd hate to share a riding horse with someone who wanted to ride as well.

I buy lots of horses in partnership but there is never any argument, my partner finds horses, does the deals (sellers around here deal better with a guy than a woman, especially a British one!) he puts most of the money in and does the haulage. I keep them, do all the feet and health gubbins, the registry paperwork, tidy them up, school them and make them into nice people and partner deals with sales.
 
No way... Can you imagine someone telling you what you can and can't do with your horse and vice versa. Advice from people is really nice, but someone that can change the way you want to look after your horse. I know I couldn't deal with that.
 
I wouldn't! We had a 'family horse' and it was hard enough sharing between me, my Mum and my Dad! After some of the rows we had I'm amazed we didn't start a family feud.

If you have someone in mind who you would like to share then by all means view horses together etc. But one of you needs to be the owner and one needs to be the sharer, and this should be agreed (on paper) from the start. Best of luck!
 
Not for me I'm afraid. I tried it once with a good friend and ended up selling my half back to her after less than a year as I didn't agree with the way she was riding the horse and letting all her friends "have a go". We didn't fall out at all, but might have if we'd have continued the way we were going.

Now we have our own horses and get on very well thankfully.
 
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