Part Loan Situation ADVICE NEE

[HOWEN]

What would you do in this situation? I will try and keep this short as possible.

I put my pony out on loan to a mother and daughter last year on part loan for 6 months they paid £100 per month for 5 days a week. Then they asked if they could have him on full loan as I wasn’t riding him much at all and they look after him very well and I agreed so the payment increased to them paying everything.
A couple of weeks ago they announced that they have been given an unbroken horse for free for the daughter and would have to put my pony on part loan again due to cost of the new horse. I thought ok then thinking it would go back to the arrangement we 1st had. But she has now only offered to pay £50 a month to have him as this is all she can afford but will look after him full time. What would you do and how would you feel?

Are I being soft and letting them have him or shall I just have him him back?

 

[Fantasy_World]

Firstly when you say the loanees have offered to look after the horse full time but only want to part loan what do you mean exactly by that?
Is the horse at livery, full, part or DIY? Are the loanees paying for this now and will they in the future with having this new horse?
Or do you as the owner pay the livery fees?
Who is paying for the bedding, vet fees, farrier, and forage, you or the loanee?
Does the sum they pay cover these costs if you as the owner are paying them or do they pay all the above plus a fee for loaning the pony?
Who is paying for the insurance for the pony as well?
I know that is a lot of questions but it is hard to comment on the full picture as for me a loan is the loanee pays for everything if they are looking after the animal full time.
If only part loaning or sharing as I like to call it then they should pay a proportion of the cost relating to the number of days they have available to them to ride.
Does the loanee also see to the needs of the pony? What happened when the pony was being loaned out for 5 days out of 7?

 

[BringoutheBest]

Surely it depends whether or not you want the pony back, if you would like the pony back then take it back, if you don't have much time then maybe the exercise and care they give the pony will be useful to you?
You could always let them have him for the £50 but say that if someone comes along willing to pay what you want, you will go with that instead?

 

[Keimanp]

Hi

I suppose that everyone regardless of whether you own a horse/pony or loan one will want to move on to do other things, whether that be a new project or to leave horses behind.

They are clearly capable of looking after your pony and are happy to continue doing so. I suppose that they have the luxury in this instance of not owning your pony and by that have more freedom and ease of moving on to new projects.

If you have not got the time to do much with your pony and would prefer full loan still there is nothing stopping you looking for this arrangement with all the finances covered whilst taking advantage of them keeping your pony in work, looking after them full time and paying some towards his costs. (You do have the advantage of being able to spend time with your pony now as you are paying part of the costs)

I would feel slightly put out being the owner, but if I was the loanee and it was all I could offer to help out and stay involved with a horse/pony I had grown attached to I would offer it. I would understand that the financial situation may have changed for the owner and they may want to find a full loan with all finances covered.

In short I would take advantage of the offer in the short term and look at the options for the long term.

Robert