I was very lucky and was able to have my TB on loan for a year before buying him, I knew within a couple of months that he was the one for me but as I had just left school I was using that year to save up the amount agreed to buy him.
I would say 3 months would be an ideal length of time but make sure there is a full loan agreement in place and that the horse is insured by the loaner.
ETA - Also agree the purchase price previously as obviously if the loaner puts a lot of work in the horse may be worth more a few months down the line!
I have one of mine on 6 month loan and have just asked to buy it, as I am dependant on selling another one first I guess she is now LWVTB as nothing is in writing re the sale and the loan continues.
I am hoping to get price set soon though. This is a good arrangement for me but it is my sister's horse so although we don't see each other much since we bought seperate houses, it suits both of us and the horse well!
I would think 3 months would normally be about the limit, certainly if I was selling!
As someone who has done both, as a seller I would expect 1 to 3 months. I had put that in place with my big horse, the loaner extended it due to the bad weather over the winter then fell pregnant and handed him back ( Had my daughters pony for 6 weeks then we purchased her.
Mind you when I advertised my horse for loan wvtb again recently I was inundated with people wanting only long loans of 1 to 2 yrs before buying or someone who offered me £40 per month till he was paid off!! I have now changed my mind and removed his advert.
I would only want mine out for one month on LWVTB so a month's trial in effect. A lot of damage can be caused in that time, I'd also want him paid for but the money lodged in an account so that if by any chance something happened to make the horse unusable in that time I would be covered. You don't buy a car on terms like that (able to take it back if you don't like it) so why should a horse be any different? Whatever you decide, make sure you are covered if it should go wrong.
Thinking of doing this with my youngster if i decide not to loan her, regarding getting some sort of contract inplace.. is there anything online or would one have to adapt a bhs one in someway?
I would only say a month, in that time you know if you are going to get on with the horse, in six months a lot can happen.
Also have price set in advance, adapt the BHS loan agreement to suit both parties.
I would say that from a seller's point of view - 2 weeks, but from a purchaser's point of view neverending!
When we got our 1st pony he was to be on loan - on the day they delivered him to me they said they had changed their minds and wanted to sell him, so we could have him for 6 weeks on loan and then would have to either buy him or return him! What was I supposed to say when he was already in our stable and I had 2 excited little girls?
Anyway, I did buy him after 6 weeks and after nearly 2 years sold him back to them for the same price I paid for him - they might as well have just let me have him on loan for 2 years as we originally agreed!