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    Charging rent for 21 year old
    • #1
    • 19th Oct 06, 10:40 AM
    Charging rent for 21 year old 19th Oct 06 at 10:40 AM

    I`ve tried to do a search but havent found what I want. About 6 weeks ago someone suggested a reasonable amount to charge for board and keep for my 21 year old son. He works as a chef and clears approx just over £900 pcm
    He currently pays me £130 which I would like to review. I should add I am on my own with him and his younger brother(16) and do not receive maintenance. Which is a fair rent- 15% or higher ? I am also aware he is constantly overdrawn which I have talked to him about but he denies...........

    Insert By Martin on 25 October

    From now on, each week in the Money Tips email, we'll be asking a money moral question. This specific thread is the one that inspired me to do it - so it's only right that it be first. However let's broaden the question from a 21 year old to "what's fair rent for working children living at home?"

    Last edited by MSE Martin; 25-10-2006 at 12:26 AM.
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