Loaning, how does it work?

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Having a horse on loan is something I'd love to consider one day, as I don't think I'll ever be able to afford my own!, but I don't really know much of what goes on, or how much fin comit is needed? I know you guys will be able to give me some info! thanks x
 
Do you mean full or part loaning??

If you full loan, you basically take complete responsibility of the horse, that is livery, shoeing, vets fees, insurance, you name it. The horse effectively is yours apart from the fact that you dont own it!

If you part-loan, you ride for a set number of days per week (usually two or three) and pay the owner a contribution towards the horse's keep. I share my lad and my sharer pays me £100 per calendar month for three days riding and treats him as her own on her days.
 
It is exactly the same as buying a horse, regarding cost of keep. the only thing is that you don't take the financial risk of paying out money to buy it in the first place. It would be yours to look after, so you pay for keep, injections, farrier, etc. The owner can also put on general conditions as to what the horse is allowe to do, e.g. no hunting and how it is kept, with the option of taking it back if they don't think things are as they should be.

Loan horses are often ones that the owner is either very fond of and wants to keep an eye on so don't want to sell, or have some drawback that would make them difficult to sell, possibly age or a veterinary condition, but should be OK for riding but might mean on-going costs.

I have both had ponies on loan and had a horse out on loan. In my case it all worked out beautifully, even though there are frequent horror stories from both sides. What you must do is have a legal contract to protect both parties.

Why not look out for a sharer? That is someone who wants a rider to share the exercising and cost of keep. People are always advertising for a sharer and find it difficult to get someone. This would be a good introduction to the pleasures and pitfalls of horse ownership in a gentle way.
 
Hey there,

Well there are many alternatives to owning your own horse, and often different people expect different things, but generally your options are

Full loan - this is where you take on full responsibility for the horse and often take on all financial responsibilities too. In my experience this is the same as owning your own horse, just without the initial outlay.

Part loan or Sharing - this often requires you to look after the horse on set days and usually involves the horse staying at the owners yard. Costs can vary drastically, some owners will just ask for you to pay for shoes whilst others may charge a set price per day based on how much it costs them to keep the horse.

Check out this link from the BHS website which should give you some more information

http://www.bhs.org.uk/DocFrame/DocView.asp?id=429&sec=-1
 
Thanks for the great info! Part Loan/Share sounds best for me, now all I have to do is find the right person and horse!

I was always confused on what you have to pay on loan, so thank you for clearing that up! I don't think it would be something that would suit me tho. Im poor lol
 
I have full loan for my daughter but the owner is responsible for insurance .The last pony was the same so it depends on who you loan from.
Have a look on ad trader online and enter your postcode then area ie 25 mile radius etc. thats how we found ours.Good luck there are alot of p/t loans and shares available.
 
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