What to charge for livery holding deposit?? (please help!)

ChestnutConvert

Well-Known Member
Joined
3 September 2010
Messages
1,135
Location
Hertfordshire
Visit site
I have a lady that is very interested in taking a part livery place at my yard coming to view this weekend. She can't put her horse in the yard for 2 months but at the mo i am really pushing to get new liveries.
I would be happy to take a holding deposit but have no idea what to chrge her for it.
Any ideas?
 
I would charge the equivalent DIY rent on the stable - as you wouldn't need to provide any services, feed or bedding for the time the horse is not there I think this would be a fair compromise.
 
If you are pushing to get new liveries, then I would start in a way that will ensure her goodwill for a long time to come. I would charge an "admin" rate of £5 a week until you have someone else wanting the stable, at which point she should pay you the whole of the profit that you would make from that stable being full, however much that is.
 
Can you easily fill the space if she doesn;t have it? Our old yard (DIY) charged the normal DIY rate per week.

If it is part livery I would do as Splish and Masons mum said and charge a |DIY amount.
 
we used to have a stables at school so everyone took their ponies home in the holidays holding fee was £10/15 cant quite remember...
 
I think when i moved yards to the yard im at now, which was a month after looking at it by the time we could move, we paid the months field and stable price, as the old livery had moved so it was mine i just couldnt move until had given notice at my old yard!
 
I have done this at three yards (I move the horse up and down because of uni, not because I'm a serial yard hopper!)
yard 1) Pay £50pm, which then comes off the next livery bill (DIY livery)
yard 2) Pay DIY livery (was assisted DIY livery)
yard 3) Pay nothing as it is grass livery
 
If i have ever had to have a space held i've always charged the full price aftre a holding period (normally no more than one month). You need to consider demand for the space and if you could fill it tomorrow with someone else who starts paying immediately, but this other woman can't come for two monthsn, you need to consider what you will be losing. Unless you particularly want this woman at the yard, i would fill spaces as and when if you want the yard filled and to be getting imcpe asap if not get her to pay in full for the duration aftre about 2 weeks. If she were to say in 6 weeks time she does not want the yard you've had it empty all that time and potentially turning other people away.
 
It will be for part livery, if that makes any difference.
Also i have found a bit of a slow down on interested people so have no mad rush but would like to get the stables filled. I am about to start a drive to get people as other yards around the area are full, hopefully we will be too.
 
Half?

If you could get another horse in that stable straight away but you let the first person home it then you should charge full price.
But as you said you ate having difficulty then a small fee just to insure they are serious is enough.
 
The other reason i need a half decent amount is that i lease the stables, not own them so all have to be paid for and this is what i am asking the money for mainly i guess.

Any other ideas as i'm running out of time!! :o
 
Half?

If you could get another horse in that stable straight away but you let the first person home it then you should charge full price.
But as you said you ate having difficulty then a small fee just to insure they are serious is enough.

I was thinking half, with an agreement that if she changes her mind then the money will not be returned. I think this is fair.......?
 
Yards around here tend to charge a full one months deposit. If she doesn't come it is non refundable, but if she does then you have a deposit and as long as when she does leave she gives the appropriate notice etc it would be returned.
 
Yards around here tend to charge a full one months deposit. If she doesn't come it is non refundable, but if she does then you have a deposit and as long as when she does leave she gives the appropriate notice etc it would be returned.

So even though it is 2 months until she will move i charge her one, which in theory is half each month. That agreement sounds fair enough too.
 
I'd have thought so.... I'm not a YM and I've never heard of someone waiting 2 months, usually people have to give a months notice to their current yard.

I think the fact that the money is eventually refunded if she is a good livery makes it fair?
 
I'd have thought so.... I'm not a YM and I've never heard of someone waiting 2 months, usually people have to give a months notice to their current yard.

I think the fact that the money is eventually refunded if she is a good livery makes it fair?

She is waiting to move house and will move her horse around the time she does this, that's all i know at the mo will find out this weekend.
 
Top