For many horse owners who maybe struggling to exercise / look after their horses loaning or sharing their horse is a better alternative to selling their horse. For the person looking to share or loan a horse it also has advantages. There is no outlay in purchasing a horse and often the horse has all the tack and equipment supplied. Many equine charities are looking to rehome horses / ponies. The World Horse Welfare needs your help to rehome their horses. Click here to find out more.
However both parties should think very carefully before entering into a loan or share agreement. For the sharer / loanee they need to consider do they have the time, experience, expertise, knowledge, money and comitment to take on a horse / pony. For the horse owner you need to be careful who you loan your horse to – it has been known for loanees to sell horses or ponies on without informing the owner. Therefore if you don't know the loaner well you should consider taking up references.
For the safety of all concerned it is best to have a formal share / loan agreement drawn up before the share / loan starts. You can draw up your own contract. There are example contracts available to use as a starting point, a good example is available on the British Horse Society website along with an information leaflet – click here to find out more, the information is posted in the right hand column on the page. It is advised to get your loan / share agreement checked over by a legal adviser before it is signed and witnessed to ensure it is a sound and legally binding document.
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