What do you have to pay for when loaning a horse?

Loaning offers a variety of options suited to the individual loaner/owner and horse, some may include a monthly fee, some may be livery, feet, and other costs associated with having a horse of your own and others may even involve no cost. Some loans may involve certain time frames whereas others may be for life.

Is loaning a horse a good idea?

Loaning is a less permanent arrangement than purchasing and it can be a fantastic first step towards having a horse of your own. Whether you have a pony you have outgrown or have experienced unforeseen circumstances, loaning your horse may be the ideal solution if you did not want to sell.

What’s the difference between leasing and loaning a horse?

Leases are generally employed in the case of competition or stud animals, fees being negotiable depending on the animal’s ability/productivity etc. Basically, a loan refers to ‘borrowing/lending’ a horse or pony. The type of loan varies depending on its duration, purpose and may include specific conditions.

What does it mean to full loan a horse?

Full loan is where the loanee takes the horse to a yard of their choice and usually has much more say in decisions regarding the horses management regime and sometimes needs to buy tack and rugs etc if the horse doesn’t come with any or if something gets damaged and needs replacing.

What you need to know before loaning a horse?

Make sure you get on with the owner. Ideally you need to have a good relationship with the owner, so ensure this is possible from the outset. If possible have the horse on trial for an agreed period before the loan commences. Always finalise and sign the loan agreement before the loan commences.

Should I lease or own a horse?

Leasing a horse is nearly always less expensive than buying one. Leasing often allows riders of all levels to get a better quality horse than they might buy. Horse owners don’t usually sell their best or most promising horses, but do lease them out when they don’t have time for them or need some extra income.

How do you tell if a horse loves you?

Here are 8 Signs a Horse Likes and Trusts You

They Come Up to Greet You.
They Nicker or Whinny For You.
They Rest Their Head on You.
They Nudge You.
They Are Relaxed Around You.
They Groom You Back.
They Show You Respect.
They Breathe on Your Face.

What should I do if I want to loan a horse?

Ideally you need to have a good relationship with the owner, so ensure this is possible from the outset. If possible have the horse on trial for an agreed period before the loan commences. Always finalise and sign the loan agreement before the loan commences.

Can a horse get a full permanent loan?

There are different types of loan offered out there and it is always a good idea to have a LOAN AGREEMENT drawn up before any loans take place. Horses on Full permanent loan are just that, all responsibility and cost will lie with the new loaner.

Who is responsible for signing a loan agreement for a horse?

The loan contract, or equine loan agreement as you may wish to call it, should be made between the owner of the horse (as identified in the passport) and the person taking possession of the horse under the loan agreement. If the loanee is under 18, a parent or guardian should sign the agreement on their behalf.

Can a horse be sold for slaughter while out on loan?

A recent case in which a horse was sold for slaughter while out on loan highlighted some of the problems associated with loaning. The British Horse Society (BHS) strongly advises any horse owner, or person who is contemplating having a horse on loan or lease, never to do so without a written agreement.

Can a horse be loaned without an agreement?

The British Horse Society (BHS) strongly advises any horse owner, or person who is contemplating having a horse on loan or lease, never to do so without a written agreement. Wendy Peckham of the BHS says: “Frequently loan arrangements are made by word of mouth only, and when something goes wrong it can be the animal that ultimately suffers.”