Part loan help

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horseluver4eva

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I'm wanting to put my horse on part loan around 3 days per week from January time onward whilst i do my exams. But I've never done this before so i'm a complete novice on how much to charge, does a contract need to be drew up, what to put in the add etc. I'm wanting to find out as much as i can now so i can get prepared as i would like someone almost as soon as the Christmas holidays are over, but also that person must be perfect for the sake of the other liveries at the yard as its a small yard but most of all the sake of my horse, as she needs experienced riders/handlers so i don't want someone to ruin her and i want someone who will love her as much as i do but also be in control. Help please:)
 
Ok, so to answer your questions yes you do need to have a contract - you can download a sample loan agreement from the BHS site (http://www.bhs.org.uk/ownership-advice/buying-and-loaning-horses/advice-on-loaning) and amend it to suit you and the part loaner when he/she arrives. As long as you have both signed it then you are covered. Ideally the part loaner will need their own 3rd party insurance as well in the event of something happening whilst they are riding, there are plenty of companies that offer rider insurance. You can pretty much write what you want into that contract, so for example if you did not want the horse to ever move from your yard, write that in. If you dont want the horse jumping over a certain height, write that in. You are the owner so you get to dictate what can and cant be done with your horse.

As for how much to charge - it depends where you live really and what you are offering. What facilities does your yard have? Will you want the sharer to do chores (muck out etc) or is the horse on full livery? I pay £150 pcm plus half of her shoes every 6 weeks but my part loan horse is on full livery and I get to ride her as often as I like, I can compete her when I like and the yard has a floodlit menage so good facilities all year round. As a guide for 3 days per week I'd recommend you ask for around £80-£100 pcm and its up to you if you want to charge for shoes. Have a look at Preloved for horse share/part loan adverts in your area and see what the going rate is, that should give you a better idea.

In terms of the advert - try advertising on Preloved, Equine Adverts, Horsemart and your local horsey facebook groups. Pictures are important, ideally at least one where the horse is being ridden. Make sure you include all the usual details about the horse - age, mare/gelding/stallion, height, breed etc. Give a short description about the horse, so a bit about his/her personality, what he enjoys doing, what you do with him, whether he is not very experienced at certain things (for example if he doesnt hack alone very well make sure you include that). If the horse has any quirks or is for example strong in canter, or gets excited when jumping, include those details because those kinds of things will discourage the complete novices from contacting you.

Talk about the yard - the facilities on offer, whether there are other facilities close by to hire if for example the yard doesnt have a menage, if there is good hacking (off-road hacking as well) nearby etc.

Then move on to what the sharer will have on offer - so explain that it is 3 days per week, you are looking for £xx per month, that they will be able to do x,y,z but not xxx (e.g. they can jump and do dressage but no XC), that they have access to transport for competitions (if not dont mention competing), that they will be expected to do x,y,z on their 3 days (or if the horse is on full livery mention that and how they are not expected to do any chores).

That is pretty much it - so 3 paragraphs, one about the horse, the second about the yard, and third about the share itself and what will be involved. Again browse Preloved for some other adverts and look at what other people say. I've found this advert near me which is fairly good - http://www.preloved.co.uk/adverts/s...ght-and-draught-cross-for-sharepart-loan.html

Hope this all helps - it might take a while to find someone as winter is on the way sharers tend to be few and far between! Dont be put off if someone is straight out of a riding school, it might sound like they are inexperienced but actually you can get a lot of good riders coming out of a RC who are looking to move on from RC ponies and ride a decent horse. I had been riding on and off for 18 years at RC's before I got my first share so I wasnt 'inexperienced', and I had regular lessons on my new share horse to ensure that I was learning correctly and doing things right!
 
Thank you so much thats exactly what i needed! Your a star! Hopefully ill find the right loaner for her:) do you think its to early to start advertising for someone for january?
 
I think you might actually be better to start advertising now - as I mentioned before sharers are hard to come by when winter is on the way, as long as you make it clear that the share will start in January in your post I think you will be fine. I'm sure if the right person came along and wanted a few rides before Jan you wouldnt mind anyway, just be flexible - if the right person comes along but wants to start early you would be best to let them because finding the right person is the hard part, so dont let them go!
 
I had a riding school pony (a very untypical one lol) on loan for 2 days a week last year, I paid £96 a month. I didn't have to pay extra for shoes etc, but then they weren't having to pay livery for him.
 
I advertised for a sharer in summer and have my first person coming to view on Sunday! So id say advertise now.
Cost depends on may things. My share is more to help me rather than money and as I am only on grass DIY ive asked for £10 a week for 2 or 3 weekdays to cover his livery.

Take your time and choose wisely x
 
I would also recommend you add a line in about handing in notice on the share. Usually 1 months’ notice if you or the sharer want to call a day on the arrangement and 2 months if the horse is injured so you are not left in the lurch. A decent sharer should have no problems with this. Also helps to show how reliable and series they about the share and the commitment they are taking on with you, and more importantly, your horse :-)

Take you time and find the right one as there are some great people to share with if you look hard enough :-)
 
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