Horse Loaning...?

mash · Joined: 27 Feb 2007 Posts: 2683

Ok, could someone please explain to me what loaning entails? I'm a bit of a dunse when it comes to things like that.

Basically I've always wanted my own horse, and thought that one day I'd be able to afford one myself.

Unfortunatly I can't afford the FULL responsibility at the moment. So someone suggested loaning.

There is a horse at the sanctuary where I work which I would love. The owner of the horse doesn't do anything with him and she was on about selling him. I thought that maybe (once I knew what loaning is) I could offer to loan him out.

Anyway I just wanted a little info

Thanks
mash

Cowgirls Rule · Joined: 29 Apr 2007 Posts: 10721

Ok, so baisicly horse loaning, is like this:

It's another term for leasing a horse, when you lease a horse, you get to take care of the horse on your days, ride the horse, groom it, and do everything you would do with a horse of your own, on the days that are not yours, you do not go and ride the horse, groom the horse, ext. You usually pay half of the board fee (the fee to let your horse stay at a stable), or if there is two or more leasers, you would split it evenly amoung yourselves, for example, if you had two leasers, you each would pay 33.3% of the board.

Queso · Joined: 11 Mar 2007 Posts: 3597

I'm pretty sure you are talking about a full lease, whereas Chilly described a part lease. Usually how it works is that you pay for board, farrier, and routein vet care (you would work out how to pay for big vet bills, but it varys from lease to lease) Basicly its like owning a horse except it aren't actually yours. You still have to pay for everything, but the horse comes with tack and all the equipment you need.

American · Joined: 07 Nov 2007 Posts: 473

Horse loaning varies on the type of lease you work out. You can have a full lease, or a partial lease. Basically Queso and Cowgirls already explained it to you. However you can work out different ways.

My lease at a barn I had was a lesson horse. The owner of the barn generally left the horse for me to ride, but sometimes she needed to fit in a lesson for someone with him. She paid all the bills. Since the barn was a business type thing, with lessons and all that, she had tack I could use, but I already had my own. But she did supply the bridle and bit. She also had a separate board and lease fee. I believe the board was $300 and the lease fee was $150. Probably cut in half because technically it's hers so it isn't another horse taking up a stall, using her feed and bedding. I'm sure it also helped to cover the farrier, vet, and floating bills.

Well that's my experience with leasing, so there can be many variations depending on the owner and type of barn. =]

mash · Joined: 27 Feb 2007 Posts: 2683

Thanks guys. Thats really helped.

I think my next step would be to discuss this with the owner and see what we can come up with. I mean I would basically be training him as he hasn't had much done to him and he's a outdoor horse so he isn't technically taking up any extra space. I believe the owner payes £20 a week for him at the mo and she pays for farrier, vets, food etc.

Hmm Ok, thanks again it's really cleared that up Very Happy