Loan terms

[Calmrider]

Just wanted a bit of advice please.
I am loaning a horse for £20 per week 2 days a week but I can do more. I don't expect to ride someone else's horse and not contribute anything, however the horse dosent belong to the person I am loaning off. She belongs to a dealer who wanted someone to just ride him and give him some experience and in return he will give a free horse to the person I'm paying. This person has other horses and is not intrested in riding my loan horse. So I see it as basically I am putting in the work and paying, and helping someone get a free horse?! Does anyone think this is right?

 

[GaryB]

I think what matters is whether you are happy with it - as long as nothing underhand is going on if you are happy with the situation it is fine. I would view riding for £10 per day as a good deal as you wouldn't be able to "hire" a horse for that. You could also argue that if an owner could only ride at weekends, and had a weekday sharer that paid to ride, the owner was getting part of his/her horse for free. I don't think it matters as long as both parties are happy with it!

 

[newforest]

Why are you not loaning directly off the dealer? It's a very grey area in regards to insurance. I wouldn't loan off a third party no.

As much as I agree that you couldnt hire a horse for £10, what you can hire is something schooled, educated and capable of doing its job. What do you do with him/ her as you say her then him. I'm assuming it's short loan as dealer will want to sell, not give away, unless it's a fruit loop.

 

[Cortrasna]

It is entirely up to you if you are happy with the set up? Assumedly you agreed to the terms initially - if so what has happened that you now feel it is unfair?

Very often horses that are out on loan are being schooled, kept up to the mark and often progressed in their education by the person loaning them. And very often said loan horse might be sold on by the owner at a later date. Of course the person doing the loaning helped keep that horse fit and ready for sale, but that is part of the loaning set up in many, many cases I would think. If you agreed to it I cant see the issue really.