Part loaning

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jdean

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15 February 2013
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Hi how much would you pay for part loan, say 3 days a week, 2 midweek 1 weekend, what would you be expecting for it too? what is a good reasonable rate?
 
Depends on the area and type of horse. Typically £20 is the going rate around here (midland) for that you get reasonable facilities (school and some off road hacking), a well mannered horse that will turn their hoof to a bit of everything - the odd local competition.
If 2 visits a day are required as horse is on DIY and part loaner has to cover all care on 'their' days the cost falls a bit to reflect this. If the horse is up for affiliated competing every weekend and the owner is happy to share transport the cost goes up a bit.

Part loaners/ sharers get a very very good deal IMHO!
 
Hi thank you for your reply,
i am in Carlisle at the moment but moving to Ayrshire soon so it would be there i would be looking, don't know details about horse as i haven't found any yet, just wanted to see what the going rate would be and what would be expected of me.

i am looking for one that would be good for hacking and a bit of schooling, not too big and not a novice ride. i don't just want to ride i want to get back into looking after one and do everything that comes with one (groom, tack up, catch from field, feed, bond with)
 
Good luck with your search - £20 a week for that kind of arrangement would be most common, and I'm sure any owner would be more than happy for you get involved in more than just riding
 
So, is this like a share?

I.e. owner has the horse on the other days and horse lives whereever owner wants?

Price will depend on
- how fancy the horse is (e.g. if it can only hack not school or jump that will be less)
- how fancy the yard is (e.g. does it have a school? indoor? floodlights for riding in the dark?)
- where in the country it is (near cities/transport is usually more, down south-east more than up north etc)
- how many chores the sharer/loaner does (e.g. groom and ride? muck out groom ride and feed?)

Generally sharer should pay less than the day-wise split of the costs (which will depend on the factors above amoungst others) becasue all major decisions about the horse are taken by the owner.
 
It depends on many factors: Where you live, what kind of horse is it, what is the loaner/sharer allowed to do with said horse, what are the facilities like on the yard, what chores is the sharer expected to do......for example you could charge A LOT more for a warmblood who regularly competes and the loaner gets a chance to compete, and the horse is based on a yard with great facilities; compared to a green cob who the loaner can only hack out on as yard has no other facilities.

I'm a sharer, I live in the west mids and I pay £120 pcm to ride my ISH 4 times a week (2 weekdays and both days weekends). His owner has transport so we go out competing at unaff dressage, I dont do any chores and the yard has a huge outdoor floodlit arena, horse walker and american barn stables.

I know I have a great deal with my boy, and many people will say sharers/part loaners get a great deal but you have to keep a few things in mind:
1. Sharers dont have much money, hence why they are looking to share - if they had £200+ pcm to spend on horses they would buy their own.
2. Sharers more often than not still want to have lessons on the horse, so they are paying xxx amount per month for the horse, and then will pay extra on top of that for lessons
3. The sharer will put in a lot of effort riding the horse, keeping it in regular exercise when often the owner doesnt have the time to ride as much as they would like, so in a way the sharer is doing the owner a bit of a favour - and it is not uncommon for sharers to work with horses over the space of a few months, bring the horse on; only for the horse to be sold from underneath them without any warning. I have experienced this myself, the owner may have had thoughts about selling up before getting the sharer, decide on a sharer for now, see that the horse is riding nicely at the moment because of being in regular work, and realise that they will make more money by selling now.

So while many people will often say how sharers get a great deal, it is hard on the other side especially when we put in a lot of time and effort, we build a bond with the horse and then the horse is sold. So I think owners need to see that while the financial contribution is important, they are also getting a lot of help from someone who wants to love the horse as their own and appreciate that as well, hence the price shouldnt be the biggest factor.

If I were you I'd have a figure in mind, but when you advertise put 'costs negotiable' and see who turns up. I'm sure finding the right person is more important than how much money you can get out of it, so if the right person looked at your advert but couldnt afford it they wouldnt respond, and you would lose out. Discuss the price with the sharer when they come to see the horse, look at other shares advertised in your area and see how much they charge, and try and come to an agreement with the sharer so it works for both of you. But as a ballpark figure for 3 times per week I'd say around £100pcm depending on where you are.
 
Sorry I've just seen your follow-up and your the sharer, not the owner -I'd say between £80 and £100 pcm for you, perhaps a bit more for a fancy horse and a good yard.

Have a look on preloved, equine adverts and horsemart for shares advertised in the area you are moving to, so you can get an idea of what price people are asking for.

Good luck in your search!
 
It's also worth popping an advert up on preloved explaining what you're looking for and what you can offer. I had five responses within a day to my advert, and I'm now settling into a share at a lovely, friendly yard.
 
Thank you so much for the reply's very much appreciated, don't want to put an ad up just now as i don't have a definite date for moving so don't want to mess people about, ill have a look on the preloved site to see if there is anything on it that i can compare to.
thank you.
 
I've paid £15 a week before with a previous share 2 or 3 days and now I'm paying £20 a week for a horse to just hack out on really. I catch him, get him ready to ride etc, ride him, then turn him back out again. No other chores necessary.
 
Hi ive had a look on the preloved site and by the looks of it £25 a week is what ill be looking at paying, that's what is the average on there.
 
It really depends on the horse & yard. For instance, if the horse can only hack, kept in a field with no facilities & has a farrier trim & hay in winter, it costs less to keep than a horse you can compete regularly, shod & on hard feed on a yard with top facilities, therefore the former would be a lot cheaper. Generally its worked out by adding up cost of livery, feet, forage, bedding & feed, divided into a daily rate.
 
I have researched many sharing threads as we have found a sharer for our mare. Our sharer has been on a six week free trial, mainly to make sure we had the right person for the horse. We have decided that we are all a 'good fit' and I am in the process of arranging the share agreement. Now the question is how much to cost it last. All our sharer wants is a horse to ride out on the occasional hack maybe once a week, the opportunity to ride in the school. But mainly to be involved with a horse again. We have worked out some basic coatings and are looking at £50 per calendar month for two days a week and £70 for two days during the week and one weekend day. Does this sound reasonable. Our main concern is the right person which I think we have found.
 
Im in Essex and we have two out on part loan and both are £35 per week plus half shoeing costs.
Loaner doesn't have to do any duties - just turn up, groom and ride.
One is 14.2hh PC been there done it confidence giver. Other is 17hh WB hacker & novice ride. But get yard and facilities and both are able to go out and compete.
 
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