diggerbez
Well-Known Member
i don't think there is one- possibly a 'sharer' could be considered less formal than a part loan- so you are sharing the ride, whereas part loan you 'have' a horse for 4 days a week?
those of you who share/ part loan?
- Thread starter diggerbez
- Start date
i don't think there is one- possibly a 'sharer' could be considered less formal than a part loan- so you are sharing the ride, whereas part loan you 'have' a horse for 4 days a week?
Tapir
Well-Known Member
I've had four different shares over the years in the North West and in the Midlands and haven't paid a penny for any of them. The owners saw it as me doing them a favour by doing the chores and riding their horse so they could have a day/weekend/holiday off. If they had to ask their yard to do their horse for them for the day/weekend/holiday it would cost them £s. It's kind of like the old work for rides at a riding school.
A full loan would be a different matter, it's the same as owning your own horse with all the associated costs except for the purchase price.
My own feeling would be that if you HAVE to share because of the finances then perhaps you would be better off selling. Sharers are often going to be less committed and you have to consider what happens when they stop sharing , you can't find another person and still have to keep finding the livery money, possibly for months
A full loan would be a different matter, it's the same as owning your own horse with all the associated costs except for the purchase price.
My own feeling would be that if you HAVE to share because of the finances then perhaps you would be better off selling. Sharers are often going to be less committed and you have to consider what happens when they stop sharing , you can't find another person and still have to keep finding the livery money, possibly for months
hamish1
Well-Known Member
i dont know what you'd class me as, i look after and ride a horse-do all duties on most days, and do her other horse as well when she hasn't alredi done her(she dosnt ask me to).she said I can do what ever I want with him-compete ect-she dosn't ride him.however there are no facilities at the yard apart from few jumps-no menage ect. And horse is a youngster who's had very little schooling-he's no trouble but its hard work.I have offered a small contribution but it is always refused as she see's it as me doing the favour.
Basically I think if the horse was well schooled-something that you could just go out and have fun with, compete ect and had 3-4 days a week, had good hacking and/or a menage i would be happy to pay half of everything but wouldnt expect to pay for insurance.
Basically I think if the horse was well schooled-something that you could just go out and have fun with, compete ect and had 3-4 days a week, had good hacking and/or a menage i would be happy to pay half of everything but wouldnt expect to pay for insurance.
PaddyMonty
Well-Known Member
Any share arrangement has to satisfy the needs of both parties which differ greatly from owner to owner and sharer to sharer.
Some owners just want their horse exercised, help with jobs etc due to time constraints, some need help financially.
Some sharers want to feel the horse is theirs on set days, others just want to ride etc.
I've shared 3 horses in the last 10 years, none of which I've paid a penny towards. In all cases the owner was happy that I could improve their horse, they could trust my judgement 100% and I used to teach them. In return I got to ride a horse I might not otherwise be able to afford, had company when competing etc. i am still friends with all 3 owners. Does help that I have my own 7.5t horsebox.
So the trick is matching owners needs with sharers needs. Each must contribute. What form the contirbution takes is very individual.
Some owners just want their horse exercised, help with jobs etc due to time constraints, some need help financially.
Some sharers want to feel the horse is theirs on set days, others just want to ride etc.
I've shared 3 horses in the last 10 years, none of which I've paid a penny towards. In all cases the owner was happy that I could improve their horse, they could trust my judgement 100% and I used to teach them. In return I got to ride a horse I might not otherwise be able to afford, had company when competing etc. i am still friends with all 3 owners. Does help that I have my own 7.5t horsebox.
So the trick is matching owners needs with sharers needs. Each must contribute. What form the contirbution takes is very individual.
Kat
Well-Known Member
I did what people on here would call share a couple of times. I didn't refer to them as "shares" because that wasn't what I understood to be a share at the time.
From my pony books and magazines when I was a kid a share was part owning a horse and sharing all responsibilities and decisions. A loan was where you were fully responsible for the horse but didn't actually own it. A part loan was where the owner retained ownership and you didn't have full responsibility and freedom with the horse, and I suppose is what a lot of people on here are describing.
Anyway, I've never paid money for a share, it has always been a case of mutual benefit, they get help with the jobs and exercise I get to ride outside a riding school environment. I've been willing to do favours, and help out as required as I am grateful to the owner for letting me use their horse.
While I might be prepared to make a token contribution to costs for a 2-3 day a week type thing I wouldn't be prepared to pay pro-rata unless I was going to have full autonomy with the horse. At the end of the day the costs of owning a horse are a commitment you make when you buy it and they don't decrease (or not much) if it isn't being ridden much. In fact a sharer can make having a horse cheaper (by saving on assistance at a DIY yard).
If I was going to pay 50% of the costs I'd want 50% of the benefit, and a contract with notice provisions so I couldn't have the rug pulled out from under me. I'd want to have equal right to compete, make decisions about the horse's management, and how the costs of ownership were incurred.
That is just me though, I know lots of people are prepared to pay to ride, say £30 a week for three days or whatever..... after my last share horse was moved without notice I decided it was better to go to a riding school rather than investing my time and effort and emotions in someone elses horse for their benefit. And now I'm buying my own.
From my pony books and magazines when I was a kid a share was part owning a horse and sharing all responsibilities and decisions. A loan was where you were fully responsible for the horse but didn't actually own it. A part loan was where the owner retained ownership and you didn't have full responsibility and freedom with the horse, and I suppose is what a lot of people on here are describing.
Anyway, I've never paid money for a share, it has always been a case of mutual benefit, they get help with the jobs and exercise I get to ride outside a riding school environment. I've been willing to do favours, and help out as required as I am grateful to the owner for letting me use their horse.
While I might be prepared to make a token contribution to costs for a 2-3 day a week type thing I wouldn't be prepared to pay pro-rata unless I was going to have full autonomy with the horse. At the end of the day the costs of owning a horse are a commitment you make when you buy it and they don't decrease (or not much) if it isn't being ridden much. In fact a sharer can make having a horse cheaper (by saving on assistance at a DIY yard).
If I was going to pay 50% of the costs I'd want 50% of the benefit, and a contract with notice provisions so I couldn't have the rug pulled out from under me. I'd want to have equal right to compete, make decisions about the horse's management, and how the costs of ownership were incurred.
That is just me though, I know lots of people are prepared to pay to ride, say £30 a week for three days or whatever..... after my last share horse was moved without notice I decided it was better to go to a riding school rather than investing my time and effort and emotions in someone elses horse for their benefit. And now I'm buying my own.
diggerbez
Well-Known Member
thanks for all the great advice folks lots to think about
i will definitely get some sort of written agreement drawn up so that people don't feel i'm going to take horse off them with no warning and then hopefully they will feel happy to contribute something to keep and shoes- whilst i can afford the horse on my own its a struggle, hence why i need a sharer (and also i don't have much time to spend with said horse so its nice for him to have someone who will do all that too). i do think they will be getting a good horse to ride with excellent facilities and no jobs (should they not want jobs) so i think some financial contribution is not too cheeky to ask
better go off and write an advert then
lots to think about i will definitely get some sort of written agreement drawn up so that people don't feel i'm going to take horse off them with no warning and then hopefully they will feel happy to contribute something to keep and shoes- whilst i can afford the horse on my own its a struggle, hence why i need a sharer (and also i don't have much time to spend with said horse so its nice for him to have someone who will do all that too). i do think they will be getting a good horse to ride with excellent facilities and no jobs (should they not want jobs) so i think some financial contribution is not too cheeky to ask
better go off and write an advert then