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Horse going on Loan

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orlao
orlao Posts: 1,090 Forumite
Part of the Furniture Combo Breaker
Hi

Just some advice please.......

My Welsh Cob is going on full loan (staying on the same yard so I can keep an eye on him) and we are drawing up a contract about his care etc so I am looking for advice on what should be in it!

I plan to use the template contract on the BHS website where you fill in the gaps but I'm not sure what to do about his insurance which is with NFU.

The lady who is loaning him will pay ALL his costs but I intend to keep my details on his passport for now (is that legal???) but what else does anybody recomend?

Thanks
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Comments

  • tiamai_d
    tiamai_d Posts: 11,987 Forumite
    10,000 Posts Combo Breaker
    Just make sure you detail what is to happen in the event of him needing medical treatment.

    And whether they have to give 'notice' if they want to end the loan, or if you decide to end the loan. Also, a 'first offer' if you decide to sell him.

    Set out what you are happy for your horse to participate in (hacking, dressage, endurance etc) and at what levels, would you be happy with him in competition endurance for instance?

    You can keep your details on his passport as he is still your horse.

    You have to contact NFU and ask what their policy is with horses on loans. I'm not sure if you can keep the same insurance or if your loaner has to get their own insurance.

    Sorry I'm not much more help.
  • kickstart_3
    kickstart_3 Posts: 410 Forumite
    I would make it a condition of the loan , that whoever has him insures him with NFU (if you want to keep using them) for the same cover as you have.Unfortunately drawing up a loan agreement although you think its in your best interest , can also be a waste of time ! Many years ago i put a horse out on loan , did all the things , contract etc to cover the loan , only to get a phone call a few weeks into the loan to come get my horse (that day) no notice, or he would be tied to the gate! Of course i shot up there to find no one about and one very lame horse , tack on the gate , saddle damaged , bridle snapped . After getting him back , i went to see the lady , suprise suprise no answer ! So rang the following day to be told .******* and if you dont like it take me to court. I hope that with him being on the same yard as you are , you will be ok , just think twice if they want to move him !
  • orlao
    orlao Posts: 1,090 Forumite
    Part of the Furniture Combo Breaker
    I'm sorry you and your horse had such a bad time of it.......that's the main reason I won't allow him to move. Also he's not what you'd call an easy horse, quite nervy and prone to spectacular over reactions on occasion!!!

    But I'm hopeful it will work out with this lady, she used to have a half-loan on the same yard and she was treated badly then, the horse was put on full loan elsewhere on less than a weeks notice after she had put a lot of work into it and she was left high and dry.

    The contract is as much for her as me. Hopefully it will also reasure her that he won't be whipped away from her but I do need some ground rules in place as she hasn't had the full financial responsibility for some years(don't worry, I have been through this with her!) and also if there is a dispute, it doesn't come down to "you never said". I have picked her really carefully, you wouldn't believe some of the replies I got to the ad that said "experienced adult confident rider, must stay at own yard". The best one was somebody asking could they borrow him for a bride to ride to the church......answer was only if you want to go via A&E!!!

    Thanks for the advice.....keep it coming!
  • kickstart_3
    kickstart_3 Posts: 410 Forumite
    Lmao ..you should be fine seeing you wont let him move , thats when you have problems! Like i said you can get it all down in writing , but at the end of the day if it does go wrong , you just think of your horse! Hope it all goes well for you .
  • Chesnut1
    Chesnut1 Posts: 175 Forumite
    With regards to your horses passport, yes it should be your name on it if you are the owner. I would not put the leasers name on it under any circumstances. Hope all goes well for you and your horse.
    Fire up the Quattro!
  • pollyanna24
    pollyanna24 Posts: 4,390 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Just curious really, but just wondered what does this thread mean? Why would you loan a horse (seriously, I know nowt about them and am just nosey)? Is it because you have nowhere to keep it, can't afford it, aren't riding it?
    Pink Sproglettes born 2008 and 2010
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  • kickstart_3
    kickstart_3 Posts: 410 Forumite
    Just curious really, but just wondered what does this thread mean? Why would you loan a horse (seriously, I know nowt about them and am just nosey)? Is it because you have nowhere to keep it, can't afford it, aren't riding it?

    Lots of reasons to loan a horse ! It could be any of the things you mention or sometimes if you have had your horse for years and outgrown him , but dont want to sell him . Your job might make it hard to see to your horse. You might be pregnant, getting married . There are a million reasons why you could loan your horse , but basically it means you just love him/her to much to sell them !
  • orlao
    orlao Posts: 1,090 Forumite
    Part of the Furniture Combo Breaker
    Hi Pollyanna24

    Kickstart is right, I really don't want this horse, hate riding him (he's a bit nutty!) and if I'm honest I don't have the energy and nerve to try and get him really going right!!!

    However I do love him lots and if I sold him he's the type that would be passed on and on as he's very flashy to look at but hard work to handle and ride so I decided to try to find him somebody who could put the time and effort into him' accept that his personality is what it is but this way nobody can pass him on or try out funny quick fixes (prevalent in horsey circles!!!)and even though I lose the money, approx £2000, I would get if he was sold he means enough to me to do that.

    Loaning horses is quite common for all the reasons Kickstart mentioned, in fact if this works out, I might be looking to loan one myself......so if anyone knows of a complete plod looking for a new home in Essex.........:D


    O x
  • pandas66
    pandas66 Posts: 18,811 Forumite
    Is your yard attached to a riding centre, if it is I'd make it clear whether he can be use in school or not, be further loaned out and to see a copy of medical and tack insurance, including rugs. Whether he can be transpoted or not.

    Think about whether you shoe him and how often. Worming and injections etc.

    sorry if you have covered all of the above, just thinking off the top of my head. I loaned out a pony once, many years ago.
    Panda xx

    :Tg :jo:Dn ;)e:Dn;)o:jw :T :eek:

    missing kipper No 2.....:cool:
  • kickstart_3
    kickstart_3 Posts: 410 Forumite
    Orlao ; You say he is a bit of sod ..lol is he green ? If you felt you wanted to get pleasure out of him , try working with an instructor. Dont know your ability , but presume you are ok at the basics ? Working with someone when your horse has problems can be of great benefit and give you the confidence it sounds like you need. Only a suggestion as you may find out if he is a bit to 'quirky' he will be returned to you , as his new adoptive mum cant cope ! Honestly some time spent schooling could be all you need .
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