Right person for loaning

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Abbeygale

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I am looking to sell my mare - rather sadly, but due to my rubbishy health and the need to reduce numbers, it is necessary.

I have been speaking to a lady who is looking for a horse like my mare, but she wants to loan, or do LWVTB. I have never done loaning before, and while I am not out and out opposed to loaning, I am certainly a little worried about how to know that this lady would be the right person.

I will of course visit her and her yard to check everything out, and try to get to know her as well as I can.

Anyone who has loaned, how do you know, what do you do to manage the situation?

If this happens, I will of course draw up a contract. Is it reasonable to ask the loaner to pay all costs for the horse if it will be on there yard, including full insurance etc?

Any help would be appreciated - my girl is very special, and I just want to do the best for her, while trying to look after myself as well.

Thankies xx
 
Yes it is reasonable that they would pay all costs for the horse however you may want to keep her insured yourself in your own name. Has the lady said anything about how long she wants to do LWVTB for, before making up her mind? If you are not sure how serious she is about buying, and your preference is to sell it may be better to wait until you find someone else.
 
Hi CJ - TBH I am in 2 minds about loaning. I really need to not have so many horses for the winter - I *think* that last winter had contributed quite heavily to my health being the way it is now :(

My mare is very special to me, and I have put a lot into her to get her where she is, and in many ways, I would much rather that she came back to me, even if it increases my workload, if something goes wrong - rather than her being shifted on - if you know what I mean.

That really sounds like I think I'm the only one that can look after her!!

We haven't discussed the length of LWVTB at the moment - but I will ask her.

If she insured in my name, can I ask her to pay for the cost of the insurance?

Thanks for your help
 
Hi,

I have loaned two horses - one of which went great and owner took him back when her situation was better the other poor horse never settled with me and had to go back to his owner. The first horse I had I didn't know the owner at all but had plenty of meetings - went to see the horse a few times and she came to see me and the yard - we now speak regularly and the horse may be coming back to me forever. Reason for my rambling! Loaning can be a great way to keep an eye on your horse if done correctly but you just have to be prepared for the horse to come back to you if they don't 'gell'.

I don't see a problem with you asking her to pay the insurance - you can always give her a copy of the documents so she knows the horse is being insured.

Sounds like you care a lot for this horse so good luck and hope you find a lovely home for her.

: o )
 
Oh gosh, how awful you must feel. This is a very hard decision for you I can tell. I have never loaned any of my horses but I know people who have. I am sorry to say this but they have been fraught with problems. People usually turn into demons! What about asking if someone would be willing to help you with yor horses if cost isnt and issue? That way you could keep an eye on things. I know when I wasnt lucky enough to own my own horses I would jump at the chance. There are people out there (somewhere) who would be willing to call down in the pouring rain just to put a heavier rug on your special girl. What about advertising in the local paper. We have something called sun local or what about trying on here? Dont know if its an option for you but I feel for you I really do. Good luck! xx
 
jane6394 said:
Oh gosh, how awful you must feel. This is a very hard decision for you I can tell. I have never loaned any of my horses but I know people who have. I am sorry to say this but they have been fraught with problems. People usually turn into demons! What about asking if someone would be willing to help you with yor horses if cost isnt and issue? That way you could keep an eye on things. I know when I wasnt lucky enough to own my own horses I would jump at the chance. There are people out there (somewhere) who would be willing to call down in the pouring rain just to put a heavier rug on your special girl. What about advertising in the local paper. We have something called sun local or what about trying on here? Dont know if its an option for you but I feel for you I really do. Good luck! xx
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There are some good people out there too that will treat the loaned horse like their own. In my case the horse went back healthier and fitter then he came. Unfortunatley you'll never know till they take the horse on so that's another thing to bear in mind when considering loaning.
 
I have loaned two horses. The first was when Sandy arrived, I then had three horses in the middle of winter - one of which a rescue case, and a full time job so something had to go. The lady who took my big mare on was absolutely lovely and had two ponies on loan from the ILPH/WHW. I drew up a contract, and dropped in unannounced every other week or so just for a 5 minute chat. After about two months she asked to buy her and I agreed. That was last year and I ran into her recently at a clear round XC and she still has her and loves her to bits.

The second time was my beloved Olly. Again like you it was for health reasons, only this time the people were rather novicey. I did go to the yard and check it out, I also spoke to the instructor which they would be using (as Olly was for their daughter) and thought that they would get the help and advice that was needed. I was wrong. I explained to them that his feet were due when he went to them and as I didn't get a chance to do them beforehand I would pay for the cost if they could arrange the farrier - I even gave them my farriers number. Three weeks later when I asked if they had been done yet I was met by a load of abuse so went and picked him up straightaway.

I am no trying to scare you, there are some fabulous, scrupulous loaners out there but I would thoroughly vet anyone looking to take your girl on loan, even as a LWVTB.
 
Hi Scaty bird - I'm glad that you had a successful loan - and fingers crossed that the horse comes back to you again! I know I can be a little (OK a lot..) OCD about my horses and how they are kept, and the other thing I wouldn't want to do would be to be being over protective and make the loaner feel like I am breathing down her neck. Oh blimey - I am over thinking this already I think!! :)

Jane - I had advertised her in the local paper and online before I was in hospital - the ads were still live when I went in, but unfortunately (or maybe it was just as well, as I was poorly!!) I didn't have any real response. I had a couple of people come to view - but she just wasn't quite what they wanted - which is fair enough on their part.

I would look for a sharer - but I have 2 problems with that - 1 is that I am OCD about my stables / tack room / mucking out etc etc etc (*insert embarrased smiley here...*) - my stables and tack room are my refuge, and I very much like having them to myself - because of reason no 2 - I still live with my parents (*second embarrassed smiley here*) - and my parents are not keen on people coming on to our property "unsupervised" if you like. If it were my own property, it would be a different story - but unfortunately have to abide by my parents wishes.

I always hear of these horror stories of people loaning - but is it the fact that bad news is more often talked about, so you just don't here of the success stories??
 
i loaned my boy out in November and went through the grueling process! not nice i tell you you get time wasters/weekend jockeys and complete idiots however i had a woman contact me we spoke for hour and when she came to see him she was there for 3 hours! i knew she was the one, my boy has laryngeal paralysis, navicular and is very very forward going so i was terrified. I did standard BHS contract with few extras added on with what she couldn't do/that she had to have insurance from day one and that she covers all fees from pick up till horse returned.

I also kept the passport This is VERY important that the passport isn't exchanged till full payment, If your loaning with a view to buy have payments in the contract for example say your selling her for £1000 (not saying this is her worth!) over 5 months at £200 month make sure you state all this in the contract with horses sell value and payment scheme that way its on paper if she backs out, Also say that a deposit it requires for said ned. Not saying you will be scr**ed over just cover all basis in case
 
Sanolly said:
I am no trying to scare you, there are some fabulous, scrupulous loaners out there but I would thoroughly vet anyone looking to take your girl on loan, even as a LWVTB.
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No no - scaring me is ok - this is still in the discussion stages at the moment - but I am trying to go into this with my eyes as open as I can. The first thing I said to this lady is that a contract would be drawn up to protect both of us, and my mare as well.

If she does go on loan, and I were to even get a whiff of anything suspect in her care, then I would have her back home. She really is important to me, and I do want to try and do the right thing by her.

Bloody health - I could do without it!! :(
 
michelleice said:
I also kept the passport This is VERY important that the passport isn't exchanged till full payment, If your loaning with a view to buy have payments in the contract for example say your selling her for £1000 (not saying this is her worth!) over 5 months at £200 month make sure you state all this in the contract with horses sell value and payment scheme that way its on paper if she backs out, Also say that a deposit it requires for said ned. Not saying you will be scr**ed over just cover all basis in case
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Thanks for your reply. I thought the passport had to go with the horse - as it isn't a proof of ownership anyway - but is proof of identity - and you have to have the passport to move the horse / have the vet etc etc?

Thanks for the tips on the money side of the contract! :)
 
i followed my boy with his passport, i also go up for jabs etc anything they need passport for as im named as the owner and there very easy to change details on (£20 for his) i feel safer knowing i hold all his paperwork tbh.

No problem on the money side best to be safe then sorry there is allot of liars/nasty people out there so as granny used to say "better to be safe then sorry"
 
There have been some awful stories about loans gone wrong but there are good loaners out there. I have both loaned and owned, with differing contracts for the loans dependant on the horse and owners wishes.

the last two for example, my cob was a full loan, we were responsible for everything inc vets bills and insurance, he came overweight and a little green out hacking and went back slimmer and hacking out alone no probs. Owner was very happy and only took him back to sell, giving me first offer (sadly I couldnt afford him :()

At the mo we have a veteran on loan, we pay everything except his ongoing bute which owner pays. I pay the insurance but they will cover the cost of any treatment as he cant be insured for illness due to age. They also cover any excess due to accident injury etc. Though I would never not seek vet help myself I think that this is a good way for the owner to ensure vet treatment is given in any circumstance. The pony is thriving with us too :)

Dont be afraid to keep a close eye on your horse either. I prefer the owner to be in contact regularly any decent loaner wouldnt mind this. After all it is still your horse.
Dont be put off by horror stories. Just go into it with your eyes open and a proper contract, and keep in touch with them!
 
artysteph said:
Dont be afraid to keep a close eye on your horse either. I prefer the owner to be in contact regularly any decent loaner wouldnt mind this. After all it is still your horse.
Dont be put off by horror stories. Just go into it with your eyes open and a proper contract, and keep in touch with them!
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Ditto this! If the loaner questions how many times you come to see them I would be wondering why. I said to the owner that she could come down anytime even when I wasn't there.

Really feel for you, this must be so hard for you. Wish you the best of luck in your search.
: o )
 
I have both loaned and owned my own horse, which I have loaned out last year to a member on here. Sadly they didn't get on with my horse but he was very well looked after and I saw him regularly. Sometimes even in the best of circumstances things can go wrong. I was happy with the loaner, but it just happened that her and my horse just didn't seem to be compatible.
I am now in a position to have to loan him out again, hopefully these are the right people, they rode him well when they tried him out and I know the yard he is going to, but until he gets there and they have him as 'their' horse you never know what's going to happen. I have had good references and done what I can, they have ridden him several times and done stuff with him on the yard too.
 
I personally if i choose to do a LWVTB would have the horse kept on my yard, if not then I wouldnt do it. You can see how they are together and offer helpful hints and tips, but do try and leave them to it. My friend did a LVWTB like this which worked out good from the loaners, owner and horse
Month one- horse kept on owners yard, loaner pays for every thing
Month 2- if all ok a first payment is made say £500
month 3- second payment is made and the horse is moved to loaners place.
month 4 horse is paid in full.
 
Thanks for all your replies guys - I'm really glad to hear that there are some good loan stories - not just the horror stories!

artysteph & scaty bird - I am definitely trying to think of everything from all angles at the moment - while it is still in discussion stages.

Seahorse - I completely agree - TBH until you get the horse on your property and in your care it is very hard to tell whether you are going to completely gel.

Thanks for your suggestions Rache - this does sound like quite a good plan.

It seems a bit silly to be worrying about what I'm going to do in the winter now - but I want to have plenty of time to make sure that everyone, especially my mare, is happy before then

:)
 
Sanolly said:
Snap, I hope you feel better soon x
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Unfortunately it is going to be an ongoing problem, and will just have good days and bad days. On the good days I'm great, and can do loads - but on the bad days I can't do much more than pat the ponies! :(

If there was a definite end in sight for this, I would keep her, and just do everything I could to be as healthy as possible before the winter. I have always been a healthy, fit as a fiddle kinda person, so I think being ill and the doctors have definitely caught up with me!!
 
I would insure the horse yourself and meet the costs yourself, that way you know that the insurance is being kept up. If you want the loaner to meet the cost, perhaps she could reimburse you by standing order, that way if there are any 'hiccups' you will know about it straightaway and the insurance will not lapse.
 
Hi there!

I also have been on both sides of the story and thankfully have never had a bad experience. Why don't you let this person have a trial on your land? tell your parents it is for the greater good and I'm sure they'll put up with it for a month or so.

I took a large deposit for the horse I loaned out. I asked for £500 up front. If I knew my loanee could fork out £500 easily I knew she could afford her livery/insurance etc....

On the loaning side...I have been scrutinisingly vetted and have signed contracts and, I have gone to a yard picked up a horse and waved goodbye to the owner there and then!

There are very good loanee's out there....being a cautious horse buyer I have ALWAYS loaned before buying any of my horses. Just get a good feel for the person...if they have horses already, check out their condition, get references, talk to people. The horsey circuit is suprisingly tight knit!

Hope this helps!!
 
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