I know nothing about horses except that they're big, with 4 legs, eat some grass, occasionally need shoes and some people like to watch them jump over things. That's why I need your help...!
We own a field in an area which has plenty of bridle paths and horsey people. A lady knocked on my door this afternoon and asked if she could rent some of my land for a few months, to give hers a rest. She mentioned the possibility of £50/month and the fact that she has 2 horses. At the moment we're not doing anything with that bit of land except run around on it with the dog and give it an occasional mow, though we do have long-term plans to have some sheep. We want to keep some of it for us and the dog, but might be willing to let her have some of it for a few months.
The area of land that we would consider letting is about an acre, and some of it is quite steep. There was some ragworth on it earlier in the year, but I spent a day uprooting the weed. The grass is pretty long in parts (ranging from a half an inch where the rabbits eat it to about 18 inches) There's a stream and a partially derelict stable block (the storage bit at the side is OK but too low for a horse, the bit for the horses only has half a roof and there are lots of tiles waiting to fall down on some unsuspecting horse). The fences and hedges are a bit run-down (which is why we haven't got the sheep yet!) There's a gate to the road.
So...
1) Does £50/month sound about right (we're in the West Midlands between Stourbridge and Bromsgrove) or should I be asking for more?
2) Anything I should be aware of / do?
3) Is an acre likely to be enough for 2 horses?
4) Is there a standard horsey grass-letting contract I can download from anywhere?
Thank you