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Leasing a horse

Gerry Cranham Photo

Leasing – You can lease a horse from an existing owner or breeder. Lease terms vary but it is sometimes possible to negotiate an option whereby you can purchase the horse at any time during the agreed lease term for a previously fixed valuation. In the interim the horse will run in your name and you will be liable for all training fees and entry fees but will also receive an agreed percentage of any prize money won.