Sharers/Part Loaners - Advice Please

M

Mlini

Well-Known Member
Joined
8 August 2011
Messages
629
Visit site
I have (finally!) found a potential part loaner for my boy! She is absolutley lovely and I think will be brilliant for him. She is currently doing a weeks trial to see how it fits in with her work, then will decide on how to go forwards.

I am just wondering what you guys would expect to pay for a three days a week part loan? The horse isn't particularily well schooled or anything, but she is just wanting to hack mainly and potter around in the school or field. She will be doing the stable duties on her days (mucking out/hay/water/either turn out or bring in depending on the time of day she is doing)

And do you think I should have some sort of loan agreement written up? I would for a full loan, but not quite sure what would be relevant for a part loan...

Also, the horse needs insuring - any recommendations for cheap insurance companies?

Any other advice would be great :)
 
Great you have found someone to share your horse. It can work out to be a really great arrangement.

But I would definately draw up a contract. You can find templates for share/loan agreements online. It is always good to clearly state any restrictions and limitations you have for the horse and also helps clarify expectations from both parties. I would include the amount to be paid each month etc in this too. You never know what can happen unfortunately.
When I shared I paid £200 a month and I did chores most days (but that was my choice). I dont know how reasonable this was so maybe others can advise you too.
re Insurance I have my vetran mare insured with NFU. However this was just done on recommendation and I didnt really shop around much as I didnt have the time.

Good luck and hope it works out :)
 
That's great!

With my sharer I have a signed agreement, with a mnths notice on either side. She rides twice a week and does the poo picking and any other odd jobs when she has time.

I charge her £50 per mnth but the horse is kept at my property so no livery fees. She also pays a one off fee for his haylage costs when I buy it in in the autumn.

I have found the main key to a successful share is communication,

Hope it all works out.
 
Two of our horses are out on part loan two a 12 year old and 10 year old. We have contracts in place for both of them so we all know where we stand. As they are under 16 the contract is in their parents name with their name also in the contract.

They both pay £20 per week plus half towards their shoes every 8 weeks, then have the opportunity to buy them things if they wish
 
i created my own share contract and did not ask her for money as I am getting someone to exercise my horse and keep it fit, school it, check it on days i could not get to yard, groom it properly, etc. These are tasks I would have had to pay the livery yard to do for me otherwise.

I think its hard to ask a good sharer to pay if you are reaping the benefits in terms of chores and care for your horse (just my personal opinion though, i understand some people need some financial contributions to keep horses and every situation is different)
 
I am very lucky and currently don't pay for my share horse, but I am doing his owner a favour by exercising him and sometimes mucking out/cleaning tack when it needs doing as she works full time. We have a very relaxed arrangement but communication is very easy for us as her horses are kept at home and she is often at the yard/around when I am there so we can chat about things. We also ride out together sometimes and plan to go to things together as she has another horse, who also has a sharer!

Out of the four shares I've had I've only paid for the first one but in fairness he is the only one that warranted paying for as he was pretty much a schoolmaster and really taught me a lot. I rode him twice a week, including doing chores morning and evening, and paid £100 a month. There was an outdoor school on site, off road hacking straight from the yard and he was on DIY so I think this was a fair price, I had the option of doing a third day if I wanted but couldn't fit it into my week unfortunately.

I've never had a contract drawn up but I've always had constant contact with the owner if there's been an issue or we have to change something that we're doing. It does depend on what your horse can or can't do though I suppose. And I guess not all people are true to their word, whereas if someone told me not to do something with their horse I wouldn't do it, I wouldn't need a contract to tell me not to as well. I would respect their wishes.

I think a weeks trial to see if the horse and rider get along is fine but in actuality you need a months trial to see if you and the rider get along!
 
I've only ever paid for 1 share agreement, £25/wk for 3-4 days. All of the others I've not paid as the owners just didn't have the time to ride or do stable jobs rather than money issues, so I was doing them a favour by being able to do the horses at one end of the day.

Contract wise, you need to put who is expected to do what on which days, what jobs need doing, what the loaner can/can't do with horse, who pays vets fees (negligence whilst in sharers care the sharer will pay, colic the owner will pay etc etc), who is responsible to arrange vet farrier and that tack fits so horse can be ridden. What happens if the horse can't be ridden i.e. lost shoe bad back etc- does the sharer still pay? That kind of thing.

If the sharer is doing you a favour by keeping the horse fit and doing all stable jobs on their day I think a nominal amount maybe half the shoes would suffice. If they are only riding I would be asking for a bit more. If they are going to school your horse and bring it on, you should be paying them! ;) All depends what the sharer will be doing and how it will benefit you and your horse.
 
When I shared my big lad, I worked out the weekly cost, divided it by 7 and x it by the number of days out on share. In practice because I really liked my sharer and she was doing me a massive favour it was less than that sum :)

Edit to add we never had a contract, but she's a friend I trust so it never even occured to me to have one!
 
I have shares for my two full livery horses, one is quite green and the lady is doing me a huge favour by schooling her so she pays £60 a month towards her, the other is a total schoolmaster and a pleasure to ride so I ask his lady for £10 per day, but no jobs as he's full livery. Unfortunately full livery costs me more than that a day but I like having both ladies around so it works well.
 
I pay £12 a week for my horse share for two - three days, I poo pick when i go down (she is on grass livery) but there is only a field to school and jump in. Before her I paid £25 a week for unlimited riding on my old horse, who was also on full livery at a yard with quite good facilities. I always have a contract :)
 
I pay £20 a week for 2 days. one day schooling one day hacking (amazing hacking. no jumping) at the moment I dont have to muck out as the owner is pregnant and says she wants the exercise! But in November/December I will muck out on my days. I bring in/turn out, feed etc so basically everything except mucking out. The owner is always there to help though!
amazing yard with really good facilities.

I dont have a contract, I pay her monthly by direct debit and I guess its just through trust really
 
Captain Bridget said:
I am very lucky and currently don't pay for my share horse, but I am doing his owner a favour by exercising him and sometimes mucking out/cleaning tack when it needs doing as she works full time. We have a very relaxed arrangement but communication is very easy for us as her horses are kept at home and she is often at the yard/around when I am there so we can chat about things. We also ride out together sometimes and plan to go to things together as she has another horse, who also has a sharer!

I've never had a contract drawn up but I've always had constant contact with the owner if there's been an issue or we have to change something that we're doing. It does depend on what your horse can or can't do though I suppose. And I guess not all people are true to their word, whereas if someone told me not to do something with their horse I wouldn't do it, I wouldn't need a contract to tell me not to as well. I would respect their wishes.

I think a weeks trial to see if the horse and rider get along is fine but in actuality you need a months trial to see if you and the rider get along!
Click to expand...

I have one sharer, and another in the pipeline for my two. We have a relationship a bit like the above. The lady is really too novice for the horses, and can't hack alone, she just rides out with me, but she is really nice, honest, turns up exactly when she says, helps on the yard afterwards etc. It still helps me out that I only have to ride one on the days she comes.

We have no contract. I asked her to get rider insurance and she did. I wanted someone who would fit in around the family - I'm home different days each week, my stepson rides when he's here.. In return I make sure that they get lots of riding, and there is the chance to do shows and rc if they want.

For me, the type of person they are, and the fact that they get on is more important than anything..
 
You must log in or register to reply here.
Top