My sons rent

tawecdl

£300 is too much to charge your own son to live with you. How much extra will it cost you for him to move in? about £200 maximum a month. My opinion is that he is not just family, he's your son. People should not profit off family or friends, the world seems to be turning into very profit-minded people. How would you feel if you needed some help from a family member in your laterr years and were told to pay for it?

Sorry for the rant, it just pains me to see people profiting off their loved ones.

Alikay

If you charge him the amount you'd charge a lodger I think you also have to be prepared to back off from giving parental advice and opinions a bit too. I left home at 20 and returned at 22 and found it VERY hard that my parents would still tell me off if my room was untidy, nag me as to whether I'd paid a bill/posted a letter etc, remind me that I had to be up for work if I wanted a late night out, grill me on who my phonecalls were from, critically appraise my outfit/hair/make up each time I left the house....the list goes on. And as for boyfriends...don't even go there!! I had successfully run a home and job for 2 years previously without having to sell my body on the town hall steps, but was just back due to other circumstances - I lasted just a few months before a 100% mortgage enabled me to get my own place!

I personally wouldn't take more than I had to from my kids (maybe £40-£50 a week max) as I don't believe I could stop being "mum" easily. Like my parents, my door will always be open and I'll always be there for them, but living at home comes at a cost other than financial!

Doom_and_Gloom

thehornets wrote: »

My son want to move back home, but he is arguing over how much rent to pay.He takes home appox £1400/month. I've told him his rent will include everything except phone bills, but says he only want to pay about £300/ month...Is that a fair rent??:rolleyes:

To be fair me and my now ex only pay £60 together a week so around £260 per month. We have a bedroom, our own living room and we can use all other rooms apart from my parents bedroom which if fair enough :rotfl: . Our food, electricity, gas, internet, phone etc is ALL covered in this. We pay enough to let them break even :T . With rising cost of living I have said to my parents that they can review the keep every now and then to see if we need to pay more due to it. It's only fair!

I know what it's like to live outside my parents house. I rented for nearly 2 years with 4 other people. Share of the rent was £130 alone so I know I've got a good deal going on here as that is my share here a month :beer: .

Timmne

Give him a choice - £400 rent or £700 and you save £400 of that for him into a savings account - just ensures he's making use of some of the rest of his disposable income and gives him an incentive to appreciate that you're not doing it to make money out of him, by making a 'saving' of £100 per month.

It's all very well saying he might be saving up for something or to move out, but I can see it must be very tempting to not bother saving when your bills drop so much....

Timmne

Badger_Lady wrote: »

Definitely check adverts in your local area (also try www.spareroom.co.uk), but unless you're in London £300 is usually about right. It's what I charge for a room rental here in Wales (inc bills), and also what I paid when I lived in an expensive part of Wiltshire.

As above, make sure he's clear on "self-service accommodation"!

And Badger Lady - yours should be more than that - from your exciting episodes not long ago, I'd have paid to stay at yours just to watch!

stationaryace

Timmne wrote: »

Give him a choice - £400 rent or £700 and you save £400 of that for him into a savings account - just ensures he's making use of some of the rest of his disposable income and gives him an incentive to appreciate that you're not doing it to make money out of him, by making a 'saving' of £100 per month.

It's all very well saying he might be saving up for something or to move out, but I can see it must be very tempting to not bother saving when your bills drop so much....

oooh I like this! :T as good as his intentions may be, will he actually save up the money otherwise? I speak from experience- when I moved home for the last year of Uni I didn't actually save nearly as much as I had planned, even with reduced rent and bills He may resent it initially but come to thank you at the end of it when he has that lump sum :T

candygirl

My pregnant DD has come back to live with me after splitting up with her bf.I have had to ask for a nominal sum to cover her bills and food as I am a supply teacher. and there isn't any work here at the moment, plus she is in no fit state to be sharing with anybody, and wont be able to after the baby is born:(
I'm not revealing what she's giving me as it's personal:o , but it is less than a days pay per week, so she has plenty of opportunity to save up as well as buy stuff for the baby, which I am also doing all the time.;)If she was to rent a studio flat round the corner from me, she would be paying more than she earns in rent and bills, and would have to give up her car, and would have no spare cash at all:(
I am doing her a massive favour, and also offering a lot of emotional support, as well as cooking , washing, cleaning and decoarating her room for her, so I have no qualms at her paying this small sum
TBH it isn't worth the stress, but i'm doing it cos I love her and she needs me right now:o

candygirl

Alikay wrote: »

If you charge him the amount you'd charge a lodger I think you also have to be prepared to back off from giving parental advice and opinions a bit too. I left home at 20 and returned at 22 and found it VERY hard that my parents would still tell me off if my room was untidy, nag me as to whether I'd paid a bill/posted a letter etc, remind me that I had to be up for work if I wanted a late night out, grill me on who my phonecalls were from, critically appraise my outfit/hair/make up each time I left the house....the list goes on. And as for boyfriends...don't even go there!! I had successfully run a home and job for 2 years previously without having to sell my body on the town hall steps, but was just back due to other circumstances - I lasted just a few months before a 100% mortgage enabled me to get my own place!

I personally wouldn't take more than I had to from my kids (maybe £40-£50 a week max) as I don't believe I could stop being "mum" easily. Like my parents, my door will always be open and I'll always be there for them, but living at home comes at a cost other than financial!

I agree, a cost for both sides;) It's not easy for us parents either:D

Idiophreak

Timmne wrote: »

Give him a choice - £400 rent or £700 and you save £400 of that for him into a savings account - just ensures he's making use of some of the rest of his disposable income and gives him an incentive to appreciate that you're not doing it to make money out of him, by making a 'saving' of £100 per month.

It's all very well saying he might be saving up for something or to move out, but I can see it must be very tempting to not bother saving when your bills drop so much....

The guy's 24...he's not a kid. He's old enough to look after his own money, I'd have thought.

The whole "look at market rates", "see what a room would cost him..." arguments are just nonsense. Like others have said, LLs are out to make a profit - I don't see why the OP should make a profit out of their son...

The reasonable amount to charge is the amount him being there will cost you...

I'm a year older than the OPs son, earn a bit more, but pay my parents £200/month (plus the odd treat/meal out etc)...for this I get all food (my being at home adds about £15 to the weekly shop), bills (very slight increases in each, but not really noticeable) and the roof over my head (which costs them nothing) - so I don't really see why I should give them much more than that...

Timmne

Idiophreak wrote: »

so I don't really see why I should give them much more than that...

Because your parents deserve more respect than you valuing their service at £200 just because it doesn't cost them anything! People don't expect to be mothering their kids at 25 !!!!!!...

It's just my view but if I moved back home then if the money weren't taken off me I'd probably waste it for a few months and therefore burdening my parents with my presence for longer. In the long term, I'd appreciate their interference.

Idiophreak wrote: »

The guy's 24...he's not a kid. He's old enough to look after his own money, I'd have thought.

Funny that, isn't this the reason he's moving back? I read it as that anyway.